Revelstoke-backed CEI Vision buys Retina Vitreous Associates


CEI Vision Partners, a portfolio company of Revelstoke Capital Partners, has acquired Retina Vitreous Associates. Financial terms weren’t announced. Retina Vitreous Associates, of Toledo, Ohio, is a vitreoretinal surgical practice with nine ophthalmologists who specialize in medical and surgical retinal disorders, including diabetic retinopathy, age-related macular degeneration, retinal vascular disease, diabetic macular edema, and other retinal conditions.

PRESS RELEASE

CINCINNATI, Jan. 9, 2019 /PRNewswire/ — CEI Vision Partners (CVP), a premier ophthalmology services organization, announces Retina Vitreous Associates (RVA) of Toledo, Ohio is now the newest partner practice to join the CVP platform.
RVA is a leading vitreoretinal surgical practice with nine ophthalmologists who specialize in medical and surgical retinal disorders, including diabetic retinopathy, age-related macular degeneration, retinal vascular disease, diabetic macular edema, and other retinal conditions. They serve patients from 10 locations throughout Northwest and Central Ohio.
“Retina Vitreous Associates is thrilled to join with other top-notch practices under the CVP banner to build upon our mutual traditions of excellence in patient care,” said Nicholas J. Leonardy, M.D. “Together, our existing office locations now reach more than 60 percent of Ohio residents and will serve as a solid base for future growth. The CVP model, with simultaneous investment in the highest quality physicians as well as industry-leading administrative resources, will enhance our ability to continue delivering state-of-the-art patient care in the communities we serve.”
“We are excited to have RVA join us as a partner practice,” said Clyde Bell, CEO of CVP. “The renowned physicians of CVP provide the highest level of patient care, and with the addition of RVA, CVP now has the capability to expand these best-in-class services to patients in Toledo and other areas in central Ohio.”
RVA is the fourth practice to partner with CVP. Cincinnati Eye Institute was the founding practice in May 2018, and Dayton Eye Associates and Retina Physicians and Surgeons joined the platform in October.
About CVP
CEI Vision Partners (CVP), is a premier ophthalmology services organization formed in partnership with Cincinnati Eye Institute, one of the nation’s largest ophthalmology practices, and Revelstoke Capital Partners, a Denver-based private equity firm in May 2018. CVP’s partner practices feature more than 90 industry-leading providers across all major sub-specialties in ophthalmology and optometry. CVP strives to attract best-in-class physicians and staff and deliver the highest quality eye care in the industry. www.cvphealth.com

PE Hub Healthcare Wire delivers private equity and M&A healthcare deal activity, fundraising news, people moves, regulatory updates and much more every Thursday. Subscribe now! It’s FREE.

Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.