Citizens M&A Advisory served as the exclusive financial advisor to Ellipse Eye Group, LLC on its sale to ReFocus Eye Health, a portfolio company of Zenyth Partners.
Ellipse Eye Group is a consortium of eight preeminent northern New Jersey ophthalmology practices, including Advanced Eye Care Center (Dr. Charles Reing), Associated Eye Physicians & Surgeons of New Jersey, P.A. (Dr. Kirk Tchorbajian, Dr. Ben Natale), Alden Leifer MD and Associates, Diane M. Hilal-Campo, MD, Eye Care Consultants of NJ, P.A. (Dr. Jai Parekh, Dr. Swati Parekh), Retina Associates of Northwest New Jersey (Dr. Ronald Sachs), Retina Consultants, P.A. II (Dr. Larisa Kayserman, Dr. Robert Vallar) and Westwood Ophthalmology Associates, P.A. (Dr. Patrick Chin, Dr. Glen Bianchi, Dr. Michael Fleischer, Dr. Jung Lee).
Citizens M&A Advisory Managing Director Andrew Male said: “The Ellipse transaction began as the vision of Dr. Kirk Tchorbajian to align northern New Jersey’s leading independent ophthalmology practices and has culminated in an exciting partnership with ReFocus, which will allow these preeminent physicians to continue their patient-centric practices and benefit from ReFocus’ support services. We are pleased to have advised the Ellipse owners through this transaction and are excited to see the group prosper in their partnership with ReFocus.”