M&A Deal Summary

MoonSail Capital and Plenary Partners Acquire Ocular Partners

On February 27, 2020, private equity firm MoonSail Capital and merchant bank Plenary Partners acquired healthcare services company Ocular Partners

Acquisition Highlights
  • This is MoonSail Capital’s 1st and Plenary Partners’ 1st transaction in the Healthcare Services sector.
  • This is MoonSail Capital’s 1st and Plenary Partners’ 1st transaction in the United States.
  • This is MoonSail Capital’s 1st and Plenary Partners’ 1st transaction in Illinois.

M&A Deal Summary

Date 2020-02-27
Target Ocular Partners
Sector Healthcare Services
Buyer(s) MoonSail Capital
Plenary Partners
Deal Type Consolidation

Target

Ocular Partners

Chicago, Illinois, United States
Ocular Partners is an operator of clinically and surgically-focused eyecare services in the Midwest that provides best-in-class vision care services in the greater Chicago area, with more than 20 providers in nine locations, and 10 specialties including cataract, cornea, refractive, anterior segment, glaucoma, surgical and medical retina, oculoplastics (eyelid, tear duct, orbital and cosmetic), comprehensive ophthalmology and optometry. Ocular Partners was founded in 2020 and is based in Chicago, Illinois.

Search 214,107 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) 2

DESCRIPTION

MoonSail Capital is a private equity firm focused on providing equity and/or debt capital to lower middle-market companies ($5 to $100 million of revenue) throughout the US and Puerto Rico. The Firm has no stated sector preferences, but prefers capital light businesses with add-on possibilities and predictable revenue streams. MoonSail Capital was formed in 2017 and is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 5
Sector: Healthcare Services M&A 1 of 3
Type: Consolidation M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-10 Health Connect America

Franklin, Tennessee, United States

Health Connect America is a mission-driven provider of in-home, community based and school-based mental and behavioral health services predominantly to adolescents and young adults. The company specializes in delivering an innovative, outcomes-based continuum of care, including conduct disorder, family counseling, autism services and medication management. Health Connect America is based in Franklin, Tennessee.

Buy -
DESCRIPTION

Plenary Partners is a private investment and advisory firm focused on investing in and working with businesses that may be facing operational or other challenges that has hurt chances for growth or possible investment. The Firm has a preference for companies with defendable products or services with positive market reputations. Sectors of interest include consumer products, energy, healthcare, business services, and industrials. Plenary Partners was formed in 2009 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 2
Sector: Healthcare Services M&A 1 of 1
Type: Consolidation M&A Deals 1 of 1
State: Illinois M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-27 American Standard Circuits

West Chicago, Illinois, United States

American Standard Circuits is a manufacturer of quality rigid, metal-backed, flex and rigid-flex printed circuit boards. American Standard Circuits was founded in 1988 and is based in West Chicago, Illinois.

Buy -