Unifeye Vision Partners partnered with Upland, Calif.-based Pacific Eye Institute through a recapitalization process.
Here's what you should know.
1. PEI is an ophthalmology practice with six clinical locations and one ASC in Southern California.
2. Unifeye Vision Partners is the portfolio company of Waud Capital Partners.
3. Provident Healthcare Partners served as PEI's financial advisor.
4. The terms of the transaction were not disclosed.
5. PEI Managing Partner Jesse Dovich, MD, said, "Each ophthalmology practice is different, as is each private equity group; Provident took the time to fully understand what makes our practice unique and then paired us with a like-minded private equity firm while always keeping our best interests in mind."