1. Home >
  2. M&A >
  3. Recapitalization >
  4. United States >
  5. Colorado >
  6. Cortec Group Acquires ICON Eyecare

M&A Deal Summary

Cortec Group Acquires ICON Eyecare

On December 14, 2016, private equity firm Cortec Group acquired healthcare services company ICON Eyecare

Acquisition Highlights
  • This is Cortec Group’s 3rd transaction in the Healthcare Services sector.
  • This is Cortec Group’s 35th transaction in the United States.
  • This is Cortec Group’s 1st transaction in Colorado.

M&A Deal Summary
Date 2016-12-14
Target ICON Eyecare
Sector Healthcare Services
Buyer(s) Cortec Group
Deal Type Recapitalization

Target

ICON Eyecare

Denver, Colorado, United States
ICON Eyecare operates 11 ophthalmology clinics and five ambulatory surgery centers that are exclusively focused on the treatment of ophthalmic conditions. ICON Eyecare has built a regional provider of eye care services through an expert team of physician specialists, advanced surgical and treatment technology, and a culture of high quality patient care. ICON Eyecare was founded in 1999 and is based in Denver, Colorodo.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Cortec Group

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 6.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Cortec Group is a private equity firm focused on acquiring mid-sized businesses operating in basic industries. Cortec Group is an experienced and knowledgeable investor in healthcare products and services, B2C and B2B products, value-added distribution (including eCommerce), and specialty services companies with equity of $100-$500 million and EBITDA of $10 to $50 million. Cortec Group was formed in 1984 and is based in New York City.

DEAL STATS #
Overall 36 of 49
Sector: Healthcare Services M&A 3 of 4
Type: Recapitalization M&A Deals 1 of 10
State: Colorado M&A 1 of 1
Country: United States M&A 35 of 48
Year: 2016 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 Franklin Energy

Port Washington, Wisconsin, United States

Franklin Energy offers a seamless customer experience through energy efficiency and demand response program management services, as well as product fulfillment. Franklin Energy has a nationwide footprint and will leverage its 30 years of expertise as it continues delivering integrated customer engagement solutions alongside its implementation services and product solutions. Franklin Energy was founded in 1994 and is based in Port Washington, Wisconsin.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-15 Cranial Technologies

Tempe, Arizona, United States

Cranial Technologies engages in treatment of plagiocephaly, or flat head syndrome, which typically manifests itself in infants 3 to 18 months of age. The Company’s skilled clinicians provide superior patient outcomes through a network of 37 treatment centers using a proprietary FDA-cleared cranial orthotic helmet, which is custom manufactured in-house. Cranial Technologies was formed in 1988 and is based in Tempe, Arizona.

Sell -
Mergr

Solution for

Product

Company

Legal