Home Omni Ophthalmic Management Consultants Acquires Ludwick Eye Center to Expand Footprint Across Mid-Atlantic U.S. Eye Care Market

Omni Ophthalmic Management Consultants Acquires Ludwick Eye Center to Expand Footprint Across Mid-Atlantic U.S. Eye Care Market

May 05, 2019 18:06 CST Updated 17:50
OOMC

Ophthalmic Management Service Provider

Ludwick Eye Center

Ophthalmology Specialty Clinic

VCBeat (WeChat Official Account: vcbeat) has learned that Omni Ophthalmic Management Consultants (OOMC), an ophthalmic management consulting firm, recently announced a strategic partnership with Ludwick Eye Center. OOMC will acquire this leading U.S. provider of eye care services; specific transaction terms have not been disclosed.


Headquartered in Chambersburg, Pennsylvania, Ludwick is a leading provider of eye care services in the U.S. market. For over two decades, Ludwick has been at the forefront of the eye care sector, currently employing nine board-certified ophthalmologists and optometrists. Through its offline network comprising three eye clinics and two Ambulatory Surgery Centers (ASCs), Ludwick delivers comprehensive vision care services to nearly 60,000 patients annually.


David Ludwick, MD, owner and surgeon at Ludwick Eye Center, commented, “For over two decades, Ludwick has been providing high-quality eye care in the Mid-Atlantic region. OOMC will provide Ludwick and its staff with a more robust resource platform, enabling us to access a broader client base.”


Omni Ophthalmic Management Consultants is one of the portfolio companies under the investment bank NMS Capital Advisors. As an ophthalmic management services organization, OOMC specializes in providing business services and support to eye care practices in the Northeastern and Mid-Atlantic regions of the United States. OOMC employs 70 board-certified ophthalmologists and residency-trained optometrists, supported by a team of more than 320 registered nurses, ophthalmic technicians, surgical technologists, and patient service representatives, delivering over 250,000 patient visits annually.


Dr. Christopher Quinn, CEO of OOMC, stated regarding the transaction: “The partnership with Ludwick marks our first branch in Maryland, adding three clinics and two ambulatory surgery centers. Furthermore, leveraging Ludwick’s strong reputation in the Pennsylvania and Maryland markets, we will be able to implement a higher-density strategic layout in the Mid-Atlantic region.”


Luis Gonzalez, a partner at NMS, stated that this transaction marks the fourth strategic collaboration initiated by OOMC in the past two years, further solidifying OOMC’s position as one of the largest ophthalmology groups in the Northeastern and Mid-Atlantic regions of the United States. Currently, OOMC operates with 70 providers and 29 service locations across the U.S., including four ambulatory surgery centers, generating annual revenues exceeding $100 million.

 

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About NMS Capital Advisors


NMS Capital Advisors, established in 2006, is a leading investment banking, securities, and asset management firm headquartered in New York, USA. The company offers comprehensive investment banking and advisory services, including debt and equity financing for public and private companies, mergers and acquisitions, cross-border advisory, private equity and hedge fund advisory, valuation, and other strategic consulting services. NMS Capital places particular emphasis on healthcare service companies and specialized business service firms.

 

(Compiled by: Wang Yue)