Sunvera Group announces new partnership with Fite Eye Center

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here.

Michigan-Based Ophthalmology Platform Adds Metro Detroit Cataract and Lasik Specialists to Growing Network of Partners

Sunvera Groupa management services organization providing support services to ophthalmology practices across multiple subspecialties, has formed a new partnership with Fit Eye Center. This partnership will strengthen the Sunvera Group’s presence in the Detroit metro market and expand its growing network of eye practices and surgical centers.

The Fite Eye Center, which has offices in Clinton Township and Romeo, Michigan, specializes in cataract surgery and LASIK surgery, as well as the treatment and management of other eye conditions, including glaucoma, diabetic eye disease and comprehensive eye care. Fite Eye Center is operated by ophthalmologists, Dr. Steven Fite and Dr. Benjamin Monson, who have earned a reputation in the community for their expertise in treating the most challenging ophthalmic conditions.

“For the past 21 years, Fite Eye Center has been committed to providing the highest level of patient care in the Detroit metro area,” Dr. Fite said. “We are delighted to partner with the Sunvera Group and share our mutual commitment to providing exceptional eye care and eye surgery for many years to come.”

The Sunvera group continues to grow and forge new partnerships. Since 2018, the company has added nine partners in Michigan and Ohio.

“It is a pleasure to welcome Dr. Fite and Dr. Monson to our growing network of ophthalmologists,” said Greg Nodland, CEO of Sunvera Group. “We believe that Fite Eye Center’s experience as a leader in cataract surgery and laser vision correction is a natural extension of the Sunvera Group as we continue to expand our offerings and access to patients to these much-needed eye care services.”

Sunvera Group is a holding company of Ridgemont Equity Partners. McDermott Will & Emery provided legal services to Sunvera. SVB Leerink acted as exclusive financial advisor to the Fite Eye Center and McGuireWoods provided legal services.

About Sunvera Group

Sunvera Group is a management services organization dedicated to providing best-in-class management and administrative solutions to eye practices and ambulatory surgery centers throughout the Midwest. Sunvera Group’s comprehensive set of support functions includes growth capital, billing and collections, marketing, accreditation support, human resources and physician recruitment, benefits and payroll, information technology and financial and accounting services. Currently, the Sunvera Group supports 13 eye clinics and 2 ASCs in Michigan and Ohio.

About Fite Eye Center

Fite Eye Center is committed to providing the highest quality eye care and providing a friendly and caring environment. Fite Eye Center, with locations in Clinton Township and Romeo, Michigan, offers a variety of comprehensive eye care services including cataract surgery, laser vision correction, glaucoma management, diabetic eye care and routine eye exams.

About Ridgemont Equity Partners

Ridgemont Equity Partners is a Charlotte-based mid-market growth and buyout equity investor. Since 1993, Ridgemont executives have invested more than $5.5 billion. The firm focuses on equity investments up to $250 million and uses a proven, industry-focused investment approach and repeatable value creation strategies.

Avery Jones

Phone: 989.293.2965

[email protected]

Kelly Lineberg

[email protected]

Source: Ridgemont Equity Partners

Comments are closed.