Omni Ophthalmic Management Consultants, a portfolio company of NMS Capital, said April 15 that it acquired Ludwick Eye Center. Financial terms weren’t announced. Ludwick, of Chambersburg, Pennsylvania, is a regional provider of medical-surgical eye care services in Pennsylvania and Maryland.
OMNI EYE SERVICES ANNOUNCES PARTNERSHIP WITH LUDWICK EYE CENTER
Iselin, NJ and Chambersburg, PA, April 15, 2019 – Omni Ophthalmic Management Consultants (“Omni”), a portfolio company of NMS Capital (“NMS”), announced today its strategic partnership with Ludwick Eye Center (“Ludwick”), a market-leading regional provider of medical-surgical eye care services in Pennsylvania and Maryland. Terms of the transaction were not disclosed.
Remarking on the transaction, Dr. Christopher Quinn, CEO of Omni, said, “Ludwick marks our first affiliation in Maryland, while at the same time, supports our strategy of building density in our existing markets by adding three additional clinics and two ambulatory surgery centers in the Mid-Atlantic. Ludwick’s reputation in the Pennsylvania and Maryland markets is unparalleled and we are excited to begin our partnership with Drs. Ludwick, Weigel, and their team.”
Dr. David Ludwick, Ludwick Owner and Surgeon commented, “Partnering with Omni presents an opportunity for Ludwick and its employees to build upon the strong foundation already in place. Ludwick has been providing high quality eye care in the Mid-Atlantic for over two decades and we believe this affiliation will enable us to expand the resources available to our patients and providers alike.”
Luis Gonzalez, Partner at NMS, added, “The Ludwick partnership significantly expands our footprint in Pennsylvania and serves as Omni’s entry into Maryland, its fifth state. This transaction represents Omni’s fourth affiliation in less than two years and solidifies our presence as one of the largest ophthalmology groups in the Northeast and Mid-Atlantic with 70 providers across 20 practice locations, including four ambulatory surgery centers and combined revenue in excess of $100 million.
Omni is an optometric referral practice providing a full range of specialty services for the advanced treatment of eye diseases, based in Iselin, NJ. Omni, by design, offers no primary care optometric services, but promotes a partnership between optometry and ophthalmology to deliver exceptional vision care. Founded in 1998, Omni provides eye care services through a network of 20 offices, including several that operate ophthalmology-focused ambulatory surgery centers, throughout New Jersey, New York, Pennsylvania, Delaware, and Maryland. With 70 Board-certified ophthalmologists and residency-trained optometrists, supported by a staff of over 320 registered nurses, ophthalmic technicians, surgical technicians, and patient services representatives, Omni provides over 250,000 encounters annually.
For additional information on Omni, visit the company’s website at ww.oomc.com
Headquartered in Chambersburg, Pennsylvania, Ludwick is a market-leading medical-surgical eye care services provider in the Pennsylvania and Maryland area. Over the past 20+ years, Ludwick has remained at the forefront of the eye care field and currently employs nine Board-certified ophthalmologist and optometrists. Through a network of three eye care clinics and two ambulatory surgery centers, Ludwick offers comprehensive vision care services to nearly 60,000 patients annually.
For additional information on Ludwick, visit the company’s website at www.ludwickeyecenter.com
NMS Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The Firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Healthcare Services and Specialized Business Services.
For additional information on NMS, visit the firm’s website at www.nms-capital.com
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