Recent News and Announcements from Centre Partners
Annapolis, Maryland, September 6, 2018 – Maryland Eye Associates, an ophthalmology practice with locations in Annapolis and Prince Frederick, Maryland, was recently acquired by Chesapeake Eye Care Company, the group that owns Chesapeake Eye Care and Laser Center. The acquisition further expands this group of leading ophthalmology practices in the mid-Atlantic known for providing patients with superior outcomes and outstanding patient care.
Maryland Eye Associates, led by its founder, Dr. Michael Dodd, will now be named Chesapeake Eye Care and Laser Center. No changes in providers are anticipated, although the Annapolis location, formerly at 2629 Riva Road has merged with the Annapolis Chesapeake Eye Care and Laser Center in the Sajak Pavilion on the Anne Arundel Medical Center campus. The Prince Frederick office, including the surgery center and optical shop will remain at its current location.
“I started this practice in 1977 and along with my partner Dr. Jason Wanner, have been honored offer to our communities high quality eye care by leading providers and superior outcomes. The decision to sell the practice to Chesapeake Eye Care was not made lightly, but as the healthcare landscape continues to evolve, I believe that together we are stronger. This move allows us to continue to innovate and offer our patients access to the most up-to-date technology and procedures. My colleagues and I are pleased to join Chesapeake Eye Care Company,” said Dr. Dodd.
“Our group is very discerning as we choose new practices to partner with. We look for the best clinicians, who operate efficiently and provide outstanding service to their patients. As we build a leading medical and surgical ophthalmology group in the mid-Atlantic region, I believe that Dr. Dodd and his colleagues are a perfect fit,” said Michael Dunn, CEO of Chesapeake Eye Care Company. “We are committed to expanding patient access to high-quality clinical eye care by seeking the most qualified, experienced practices to join our group.”
The acquisition of Maryland Eye Associates demonstrates the group’s continued commitment to recruiting top-performing doctors and high-quality ophthalmology practices to its growing network of practice locations and surgery centers in the mid-Atlantic.
Chesapeake Eye Care Company is backed by Centre Partners, a leading middle-market private equity firm founded in 1986 with offices in New York and Los Angeles that is focused on the consumer and health care sectors. Since its inception, Centre Partners has invested more than $2 billion of equity capital in 75+ transactions and provides management teams with access to an extended network of experienced executives with proven success in business operations.