Cencora to Acquire EyeSouth Partners’ Retina Business for $1.1 Billion

Cencora To Acquire Retina Consultants of America in $4.6 Billion Deal

November 10, 2024

Healthcare Services

Cencora entered into a definitive agreement to acquire Retina Consultants of America (RCA), a leading retina specialist management services organization (MSO), from Webster Equity Partners. The deal values RCA at approximately $4.6 billion in cash, with additional potential contingent consideration of up to $500 million, and is expected to close subject to customary regulatory approvals.

Retina Consultants of America Acquires The Retina Eye Center

August 17, 2022

Healthcare Services

Retina Consultants of America (RCA), a physician management platform formed by Webster Equity Partners, has acquired The Retina Eye Center (TREC), a two-location retina specialty practice in Augusta, Georgia and Aiken, South Carolina. The add-on expands RCA's regional footprint (bringing its physician count in the area to 14) and integrates TREC's referral-based retinal diagnostic, laser and surgical services into RCA's national retina network.

EyeSouth Partners Acquires Sunvera Group

August 1, 2025

Healthcare Services

EyeSouth Partners completed the acquisition of Sunvera Group, a Michigan-based management services organization for ophthalmology practices and ambulatory surgery centers. The deal expands EyeSouth's footprint into Michigan and adds 15 practices and 4 ASCs across Michigan, Ohio and Pennsylvania as part of its continuing network growth.

EyeSouth Partners Affiliates with Retina and Vitreous of Texas

May 5, 2023

Healthcare Services

EyeSouth Partners, a PE-backed eye care management services organization, has affiliated with Retina and Vitreous of Texas, a Houston-area retina-only practice led by six physicians. The affiliation is EyeSouth's 38th overall and its first retina-only partner in Texas, expanding EyeSouth's specialty retina capabilities and presence in the Houston market.

Retina Consultants of America Acquires Retina Consultants of Southern Colorado

August 31, 2023

Healthcare Services

Retina Consultants of America (RCA) has acquired Retina Consultants of Southern Colorado (RCSC), a three-location retina practice with six board-certified physicians. The deal, for which Cascadia Capital served as exclusive financial advisor to RCSC, expands RCA's national network and strengthens its Colorado presence and clinical research capabilities.

Retina Consultants of America Acquires East Coast Retina, PA

June 20, 2023

Healthcare Services

Retina Consultants of America (RCA) has acquired East Coast Retina, PA, a retina specialty practice led by Dr. Stephen Phillips in the Myrtle Beach, South Carolina area. FOCUS Investment Banking advised East Coast Retina on the transaction; RCA will integrate the practice into its physician-centered practice management network to support day-to-day operations and future growth.