Add-on Acquisition • Healthcare Services

Chesapeake Eye Care and Laser Center Acquires Washington Eye Specialists

On September 12, 2019, Chesapeake Eye Care and Laser Center acquired healthcare services company Washington Eye Specialists

Acquisition Context
  • This is Chesapeake Eye Care and Laser Center’s 2nd transaction in the Healthcare Services sector.
  • This is Chesapeake Eye Care and Laser Center’s 2nd transaction in the United States.
  • This is Chesapeake Eye Care and Laser Center’s 1st transaction in District of Columbia.

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M&A Deal Summary

Date September 12, 2019
Target Washington Eye Specialists
Sector Healthcare Services
Buyer(s) Chesapeake Eye Care and Laser Center
Deal Type Add-on Acquisition

Target Company

Washington Eye Specialists

Washington, District of Columbia, United States
Washington Eye Specialists LLC is an eye care center that offers a comprehensive range of services to maintain the health of your eyes and diagnose and manage ocular disease. Washington Eye Specialists LLC is based in Washington, District of Columbia.
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Buyer Overview 1

Buyer

Chesapeake Eye Care and Laser Center

Annapolis, Maryland, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Chesapeake Eye Care and Laser Center LLC is a eye care platform serving the Maryland, Virginia and Washington, DC markets. Led by its two founding physicians, Maria Scott and Mark Whitten, the Company has a proven track record of clinical excellence and leading patient outcomes. Drs. Scott and Whitten, both nationally recognized eye surgeons, have established a robust team of providers and deep corporate infrastructure to enable comprehensive ophthalmological care for a large addressable patient base. Chesapeake offers a range of services including cataract, glaucoma and general eye surgery, medical services, LASIK surgery, cosmetic and oculoplastic surgery, as well as other vision services.


Deal Context for Buyer #
Overall 2 of 2
Sector: Healthcare Services 2 of 2
Type: Add-on Acquisition 2 of 2
State: District of Columbia 1 of 1
Country: United States 2 of 2
Year: 2019 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 Eye Care Specialists

United States

Eye Care Specialists is an ophthalmology practice group with nine locations in northeastern Pennsylvania.

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