Flexpoint Ford has acquired a stake in SouthEast Eye Specialists, a provider of medical and surgical eye care and Center for Facial Rejuvenation, a provider of facial medical aesthetics. No financial terms were disclosed.
CHATTANOOGA, Tenn., Feb. 27, 2017 /PRNewswire/ — Flexpoint Ford, LLC (“Flexpoint Ford”), a private equity firm focused on the healthcare and financial services sectors, announced today that it formed a partnership with SouthEast Eye Specialists and its affiliates (“SouthEast Eye Specialists” or “SEES”), a leading provider of medical and surgical eye care, and Center for Facial Rejuvenation, a leader in facial medical aesthetics. Founded in 1999, SouthEast Eye Specialists specializes in the diagnosis and treatment of diseases and conditions of the eye and eyelids, including cataracts and associated advanced lens replacement, along with corneal disease, glaucoma, eye muscle disorders, eyelid abnormalities, retina disease, laser vision correction, and pediatric eye care. SEES “co-manages” patients with outside optometrists, which are the principal source of patient referrals. Center for Facial Rejuvenation focuses on facial cosmetic procedures, skin care, and laser treatments.
“We are extremely excited to partner with Flexpoint Ford, and to align ourselves with a capital partner that shares our focus on providing the highest level of clinical care,” says Dr. John Bierly, co-founder of SouthEast Eye Specialists and Center for Facial Rejuvenation.
SouthEast Eye Specialists fosters relationships with outside optometrists and healthcare providers to co-manage the care of patients. “A core component of our practice is the long-term relationships that we have built with our referral community,” says Dr. Daryl Mann, co-founder of SouthEast Eye Specialists and Center for Facial Rejuvenation. “We chose to partner with the Flexpoint Ford team based upon their deep experience in healthcare services and understanding of the importance of our practice’s co-management model.”
Opened in 2009, Center for Facial Rejuvenation provides patients with the skillful delivery of safe and effective medical procedures focused on improving the appearance of the face and neck.
“The teams at SouthEast Eye Specialists and Center for Facial Rejuvenation have consistently demonstrated the highest focus on patient care, employee satisfaction, and community relations,” says Perry Ballard, Managing Director at Flexpoint Ford. “We look forward to supporting both teams with additional capital to allow them to expand their services across the country.”
“SouthEast Eye Specialists and Center for Facial Rejuvenation both deliver exceptional care to their patients which translates into exceptional outcomes,” says Dan Grigorescu, Vice President of Flexpoint Ford. “As a result, the companies are entrusted by doctors to care for their patients with medical problems of higher complexity, and have gained the trust of their community through their proven track record. We are excited to help expand their model into new communities, recruit additional physicians, and support the continued growth of these two innovative businesses.”
ABOUT FLEXPOINT FORD: Flexpoint Ford is a private equity firm dedicated to the healthcare and financial services sectors. Flexpoint Ford seeks to build relationships with executives and companies who look for Flexpoint Ford to be a value-added partner. Flexpoint Ford currently manages approximately $2.3 billion in committed capital on behalf of its limited partners. For more information, visit www.flexpointford.com or call (312) 327-4520.
ABOUT SOUTHEAST EYE SPECIALISTS: With locations throughout Tennessee, SouthEast Eye Specialists is the region’s leading specialty eye center. Led by a team of highly trained, board certified professionals, SouthEast Eye Specialists is committed to providing exceptional patient care including cataracts and advanced lens replacement, corneal disease, glaucoma, eye muscle disorders, eyelid abnormalities, laser vision correction surgery, retinal surgery, and pediatric eye care. A physician-referral only practice, SouthEast Eye Specialists is entrusted by other doctors to care for patients with medical problems of higher complexity. For more information, visit www.southeasteye.com or call (877) 933-7337.
ABOUT CENTER FOR FACIAL REJUVENATION: Center for Facial Rejuvenation offers medically proven treatments and compassionate patient care to provide the best in skin care, laser treatments, and cosmetic procedures. Center for Facial Rejuvenation customizes treatments to meet individual patient goals, utilizing surgical and non surgical treatments such as BOTOX® and fillers, lasers, chemical peels and physician grade skincare products. For more information, visit www.chattanoogaface.com or call (423) 648-2035.