CLIENT

Varsity Healthcare Partners

TRANSACTION OVERVIEW

Varsity Healthcare Partners sought to make a maiden investment in the healthcare space.

Their requirements were very specific:

• Target professional practices that dominate a given geography
• Mitigate risk with a mix of payers, leaning commercial
• A leverageable management team
• Outstanding clinical quality and reputation
• Leadership in a specialty segment

COOK M&A ROLE

Cook M&A applied its proprietary FocusFirst® process to identify 123 viable targets, eventually narrowing the search to ophthalmologic and optometry practices. After months of careful study, contacts and meetings, Katzen Eye Group emerged as the ideal acquisition. Varsity named its new platform EyeCare Services Partners, with a view toward additional consolidation.

STATUS

Closed
EyeCare Services Partners are currently engaged in the acquisition of multiple vision care practices across the country.

TESTIMONIAL

“The thoughtful diligence Cook M&A brought to this process was priceless. The FocusFirst® model provided a strategic road map that led us to a whole new vertical. We look forward to working with them to continue to build out the EyeCare Services platform.”
David Alpern, Varsity Healthcare.