client_transactions

SSG Client Transactions

Title

Kremer Laser Eye Center
Client Profile

Client Profile

Eyes of the Future, P.C. d/b/a Kremer Laser Eye Center ("Kremer" or the "Company")is a comprehensive eye surgery operation, whose board-certified surgeons perform an extensive array of services including, but not limited to, laser vision correction, cataract removal, and glaucoma related procedures. With surgery centers located in King of Prussia, PA, Cherry Hill, NJ, and Wilmington, DE, Kremer is a worldwide leader in vision correction. Kremer surgeons have performed over 150,000 procedures, of which, 50,000 have been LASIK.
Situation

Situation

This privately held Company has experienced tremendous growth in revenue and profitability in 2002 through 2004, and its principals desired to capitalize on that growth and the strong M&A market by selling the business.
Solution

Solution

SSG was engaged to test the market and sell Kremer to provide the owner with the liquidity a healthy company can obtain in today's marketplace. After attracting several offers with strong valuations from both financial and strategic buyers, entities formed by TLC Vision Corporation d/b/a TLC Laser Eye Centers (NasdaqNM: TLCV) were chosen as the preferred buyer for the assets. The transaction closed in July, 2005.
July 2005
Entities formed by
have acquired all of the assets of
The undersigned acted as Investment Banker to Kremer Laser Eye Center on this transaction.

Call to learn more

Call to learn more

If you would like to learn more about this transaction, or any of our transactions, call us today.

Philadelphia
(610) 940-1094

Contact by E-mail »

New York
(212) 786-7432

Contact by E-mail »