Ophthalmology MSO receives private equity investment

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Wilmington, Del.-based Simon Eye has secured an investment from private equity firm Brightstar Capital Partners. 

Founded in 1987, Simon Eye is an integrated vision care platform with a network of ophthalmology and optometry clinics across the Mid-Atlantic, according to a May 7 news release from Brightstar Capital Partners. 

Members of Simon Eye’s management team will retain meaningful ownership stakes in the company. Edward DiMartino, CEO of Simon Eye, will continue leading the platform. 

Simon Eye supports 11 clinic locations across Delaware, Maryland and Pennsylvania, according its website.

Brightstar stood out for its collaborative approach to working alongside management teams and its experience supporting the growth of healthcare platforms,” Mr. DiMartino said in the release. “We share a focus on delivering high-quality patient care and strengthening our operations, and we look forward to working together as we continue to serve our communities.”

The financial terms of the transaction were not disclosed. 

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