Shore Capital-backed EyeSouth adds-on Medical Center Ophthalmology Associates

The transaction is EyeSouth's second in Texas and 19th affiliation overall.

Shore Capital Partners-backed EyeSouth Partners completed an investment in Medical Center Ophthalmology Associates. The transaction is EyeSouth’s second in Texas and 19th affiliation overall. Medical Center Ophthalmology Associates is led by Darren Bell, Richard Evans and Michael Singer.

Press Release

EyeSouth Partners (“EyeSouth” or the “Company”) is pleased to announce that it has completed an affiliation with Medical Center Ophthalmology Associates (“MCOA”). The affiliation represents EyeSouth’s second in the state of Texas and nineteenth affiliation overall.

EyeSouth is an eye care-focused management services organization backed by Shore Capital Partners, committed to partnering with leading physicians to build a premier network of eye care services in the South. EyeSouth’s affiliate network consists of 19 practices with approximately 140 doctors providing medical and surgical eye care services at approximately 80 locations including 11 surgery centers throughout Georgia, Texas, Louisiana, North Carolina, Florida, Tennessee, and Alabama.

Medical Center Ophthalmology Associates is led by Drs. Darren Bell, Richard Evans, and Michael Singer. Over the past four decades, MCOA has grown to become one of the leading eye care providers in the Greater San Antonio area. Today, the practice serves the community through seven clinical locations, supported by approximately 130 clinical and administrative staff. MCOA provides comprehensive vision care in areas such as diseases of the retina, cataract surgery, cornea and glaucoma treatment, as well as through a nationally recognized clinical research program.

“We needed a partner that had the resources and experience to help us navigate a changing healthcare landscape and execute on our growth plan,” said Dr. Darren Bell. “EyeSouth will provide the support needed to accomplish our goals as a practice, continue to serve our community and remain on the leading-edge of clinical research.”

“Medical Center Ophthalmology Associates’ high-quality doctors and strong brand are a great addition to EyeSouth. Through our collaboration, we will continue the practice’s history of growth in South Texas and reputation of providing the most advanced comprehensive eye care,” said Eugene Gabianelli, M.D., Chief Medical Officer of EyeSouth Partners.

To learn more about a partnership with EyeSouth Partners, visit www.eyesouthpartners.com or contact Charlie Shreve, VP of Business Development & Strategy, charlie.shreve@eyesouthpartners.com.

About EyeSouth Partners
Headquartered in Atlanta, GA, EyeSouth Partners (“EyeSouth”) is an eye care management services organization committed to partnering with leading physicians to build a premier network of eye care services in the Southern U.S. EyeSouth’s partner practices’ clinical mission is to provide high quality medical and surgical specialty eye care. EyeSouth supports its affiliated practices and physician partners with strategic guidance, administrative resources, operating expertise, and capital with an absolute focus on clinical quality and a patient-first culture. EyeSouth’s affiliate network consists of approximately 140 doctors providing medical and surgical eye care services at approximately 80 locations throughout Georgia, Texas, Louisiana, North Carolina, Florida, Tennessee, and Alabama. EyeSouth is backed by Shore Capital Partners, a Chicago-based private equity firm focused on microcap healthcare and food & beverage investments. For more information about EyeSouth Partners, please visit: www.eyesouthpartners.com.

About Shore Capital Partners
Shore Capital Partners is a Chicago-based private equity firm focused on microcap healthcare and food & beverage investments. Shore supports management partners with capital, business development expertise, and industry knowledge to accelerate growth, fund acquisitions, and generate value to shareholders. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, including organic and growth through industry consolidation. Shore has over $1 billion of equity capital under management through various investment vehicles. More information about Shore Capital Partners can be found at www.shorecp.com.