PE-backed Great Lakes MSO acquires Shoreline Vision
January 9, 2018
PE-BACKED GREAT LAKES MSO ACQUIRES SHORELINE VISION
Grand Lakes Management Services Organization, which is backed by Sterling Partners, has acquired Michigan-based Shoreline Vision, a eye care group practice. No financial terms were disclosed.
Shoreline Vision, an eye care group practice with deep community roots in the West Michigan Lakeshore Region, has partnered with Great Lakes Management Services Organization (MSO). Shoreline Vision began in 1996 when five ophthalmologists decided to form an alliance to provide residents in their communities the best possible vision care available; since then, the group has grown to more than 150 staff at seven locations.
“Every decision Shoreline Vision makes is dependent on improving our patients’ care, whether it is investing in the latest technology, adding sub-specialty physicians, or improving our facilities. Our latest decision to partner with Great Lakes MSO and the vast resources they can provide is consistent with that theme,” said Dr. John N. Oltean, a founding member of Shoreline Vision and board-certified ophthalmologist. “We are extremely excited to be a part of the organization that has included Grand Rapids Ophthalmology in its portfolio of premier ophthalmology practices in the country. We are certain this will benefit our patients, employees, and community for years to come.”
Shoreline Vision provides thorough, comprehensive eye examinations to patients of all ages. Their team of dedicated, eye-health professionals emphasizes clinical excellence and advanced technology to better serve patients’ needs, from the most basic eye exams to the latest in surgical procedures.
“Since its inception, Shoreline Vision has been dedicated to delivering the highest quality of eye care,” said Bill Hughson, CEO of Great Lakes MSO. “Their patient-care philosophy and approach to preserving and restoring eyesight are completely consistent with Great Lakes MSO’s vision of improving sight and changing lives.”
About Shoreline Vision
Since 1996, Shoreline Vision has been providing the West Michigan lakeshore communities with a wide range of eye care services from comprehensive eye examinations to cornea and retina care, and the most advanced techniques in cataract and ocular surgery. As witnessed by the long and dedicated history in their community, Shoreline Vision’s objective remains the same: to be the premier, fully-integrated regional eye care provider with the mission of preserving and improving vision. Shoreline Vision has a team of 13 providers and over 150 dedicated eye health professionals emphasizing clinical excellence and patient centered care throughout seven locations including a surgical center dedicated solely to eye surgeries and procedures. For more information, visit: https://www.shorelinevision.com/.
About Great Lakes Management Services Organization
Great Lakes Management Services Organization (MSO) is dedicated to providing world-class support to leading providers of eye care services. Great Lakes MSO was created in early 2017 through a partnership between Grand Rapids Ophthalmology and Sterling Partners. The Purpose of Great Lakes MSO is to Lead the Way, Improve Sight and Change Lives. The Vision of the organization is to be the model for unsurpassed patient experience, inspiring and empowering their team through innovation, dedication to excellence, and the creation of opportunity through growth. If you are interested in learning more about a partnership with Great Lakes MSO, contact Dan Hosler at: email@example.com.
About Grand Rapids Ophthalmology
Founded in 1982, Grand Rapids Ophthalmology (GRO) is the largest fully-integrated eye care medical group in West Michigan. It offers a full suite of eye care services from routine eye exams, contact lenses and glasses, to the most advanced medical and surgical treatments such as LASIK, cataract, cornea, retina, glaucoma, oculoplastics, pediatric, and both cosmetic and reconstructive eyelid surgery. GRO employs the largest number of eye care specialists and professionals in the region: 11 ophthalmologists, 20 optometrists, and 50 certified opticians; with a total of 400 employees at 12 locations. For more information, visit: http://www.seeitclear.com.
About Sterling Partners
Sterling Partners is a private equity firm with a distinct point of view on how to build great companies. Founded in 1983 and having invested billions of dollars, Sterling is guided by its stated purpose, INSPIRED GROWTH®, which describes Sterling’s approach to investing in differentiated businesses and growing them in inspired ways. Sterling provides valuable support to the management teams of the companies in which the firm invests through a deep and dedicated team of professionals, including a strong network of outside directors and advisors. The people at Sterling believe in ideas and ideals, in people and in partnerships that drive long-term success. For more information, visit: http://www.sterlingpartners.com.