Monday, May 12, 2014
Varsity Healthcare Partners Acquires Katzen Eye Group
Los Angeles-based private equity investor Varsity Healthcare Partners (VHP) said this morning that it has acquired Katzen Eye Group, a national operator of opthalmologic and optometric services. Financial terms of the buy were not disclosed. Varsity Healthcare Partners said that it will use Katzen Eye Group as the core of a new company, EyeCare Services Partners, which will look to consolidate vision care services practices and surgical centers. VHP said the investment comes of out ifs Varsity Healthcare Partners I fund. The companies said they will look to apply Katzen Eye Group's vertical integration and market presence across different regional geographies in the U.S.