Harris Williams Advises The Retina Group of Washington on its Transaction with PRISM Vision Group
July 01 2020 - 10:28AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces that it advised The Retina
Group of Washington (RGW) on its transaction with PRISM Vision
Group (PRISM), a portfolio company of Quad-C. RGW is a leading
provider of retinal and macular care in the greater Washington,
D.C., Maryland, and Virginia (DMV) region and, as part of the PRISM
network, will be the platform practice for building a vertically
integrated eye care network in the region. The transaction was led
by Andy Dixon, Paul Hepper and Brian Jones of the Harris Williams
Healthcare & Life Sciences (HCLS) Group and Beau Pierce of the
firm’s Richmond office.
“The RGW team has built a tremendous organization,” said Andy
Dixon, a managing director at Harris Williams. “We are thrilled to
have represented them in this transaction and are excited that the
company has found a partner that will support RGW’s growth
initiatives and mission of delivering the highest-quality vision
care to the DMV region.”
“Despite today’s uncertain environment, vision remains one of
the most active sectors in healthcare, and this transaction adds to
our firm’s successful track record of advising premier
ophthalmology practices,” said Paul Hepper, a managing director at
Harris Williams. “We are excited to see what RGW and PRISM will
accomplish in this next chapter.”
With 17 locations throughout Virginia, Maryland and Washington,
D.C., RGW is one of the largest ophthalmology practices in the
U.S., and one of the largest practices solely dedicated to retinal
care. The team is comprised of experienced retinal physicians and
surgeons, who are both local and national leaders in treating
vitreoretinal diseases. RGW’s clinical reputation, growth profile,
and scalable infrastructure make it a well-suited platform for
building a vertically integrated eye care network in the DMV
region.
PRISM is one of the largest, independent ophthalmology and
retina administrative services organizations in the Mid-Atlantic
region. With roots that reach back over 30 years, PRISM is a
physician-led organization with a mission to support ophthalmology
practices in providing patients with world-class, comprehensive eye
care. In addition, PRISM has built a premier practice environment
for their network of affiliated physician groups and employees.
Founded in 1989 and headquartered in Charlottesville, Virginia,
Quad-C is a middle market private equity firm focused on investing
in well-established business and consumer services; healthcare;
industrials; specialty distribution; and transportation and
logistics companies. In its three-decade history, Quad-C has
invested over $3 billion of capital in over 65 companies. The
Quad-C team is committed to partnering with entrepreneurs and
management teams to accelerate growth and create long-term
value.
Harris Williams, an investment bank specializing in M&A
advisory services, advocates for sellers and buyers of companies
worldwide through critical milestones and provides thoughtful
advice during the lives of their businesses. By collaborating as
one firm across Industry Groups and geographies, the firm helps its
clients achieve outcomes that support their objectives and
strategically create value. Harris Williams is committed to
execution excellence and to building enduring, valued relationships
that are based on mutual trust. Harris Williams is a subsidiary of
the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams HCLS Group has experience across a broad
range of sectors, including healthcare providers; payors and payor
services; outsourced pharmaceutical services; medical device supply
chain; healthcare IT; and pharmacy. For more information on the
HCLS Group and other recent transactions, visit the HCLS Group’s
section of the Harris Williams website.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
For media inquiries, please contact Katie Langemeier, marketing
manager, at +1 (804) 648-0072.
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Katie Langemeier, marketing manager, +1 (804) 648-0072
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