ECP (EyeCare Partners), a leading national network of integrated optometry providers and ophthalmology, announced an agreement to procure Cincinnati, CVP (CEI Vision Partners).
CVP is a network of ophthalmology. The entity has about 700 optometrists and over 280 ophthalmologists backed by more than 1,200 support teams and 5,000 clinical staff in 18 states.
Accuvision is a network of ophthalmologists specializing in treating eye diseases and conditions. The company has over 11 regional centers across the United States, with more than 50 certified optometrists, surgeons, anesthesiologists, and radiologists serving its patients.
The transaction value is not disclosed, but it’s between $30 million and $50 million. This is the second ophthalmology business that Mark Hauser has sold in many years, highlighting his prowess in the field.
Vision for America is a non-profit organization whose mission is to increase access to quality vision care for all Americans, especially those living in underserved areas. The organization accomplishes this by providing funding and support to organizations that deliver vision care services.
Mark Hauser has over 40 years of experience as an entrepreneur and venture capitalist. He currently serves as the chairman and CEO of Accuvision Inc., a network for ophthalmologists who specialize in treating eye diseases and conditions. Hauser is also the founder of Vision for America, a non-profit organization whose mission is to increase access to quality vision care for all Americans.
In 2017, Mark Hauser sold Accuvision Inc., an ophthalmology business he founded in 2001, to ECP (EyeCare Partners), a leading national network of integrated optometry providers and ophthalmology.
Mark Hauser has managed to stay relevant despite his age, which is considered late for an entrepreneur. He believes that he continues to be successful because of his business acumen and long-term focus on building enterprises rather than selling them quickly after they reach a certain level of success.