Hauser Private Equity is a Cincinnati-OH-based private co-investor and equity fund manager founded by Mark Hauser, a managing partner. The organization invests in the middle and lower-middle markets through control buyout funds partnerships. They have limited partners with expertise in different industries, and that helps them identify profitable targets, grow organizations, and maximize profits.
In October 2021, Mark Hauser announced they would sell the Hauser Private Equity CEI Vision Partners in the Midwest and Mid-Atlantic to Private Equity-Backed EyeCare Partners. Mark Hauser said the partnership was driven by their extensive ophthalmology investments across their fund portfolio.
Hauser Private Equity joined Revelstoke Capital Partners in 2018 as co-investors and strategic partners to invest in Cincinnati Eye Institute. Revelstoke Capital Partners then partnered with Cincinnati Eye Institute and developed CEI Vision Partners. They developed it as a management services organization to support the growth of Cincinnati Eye Institute. This enabled the institute to pursue more partners with additional well-known ophthalmologists. CEI Vision Partners adopted an aggressive organic growth strategy, acquired several organizations like Dayton Eye Associates, and eventually grew to 150 doctors.
EyeCare Partners is the number one clinically integrated optometry and ophthalmology providers’ network owned by Partners Group Holding AG, a Swiss private equity organization.
Its mission is to advance eye care, enhance vision, and improve patients’ lives nationwide. Before the acquisition, their network had over 650 optometrists and 150 ophthalmologists who provided eye care in over 80 markets and 18 states.
The acquisition was predicted to create a network of over 700 optometrists and 280 ophthalmologists and a supporting team of nearly 1,200 support service members plus 5,000 clinical staff nationwide. This would increase their capacity and allow them to serve over three million patients every year.
CEI Vision Partners CEO Clyde Bell said the organization had experienced tremendous growth since its formation. He added that they plan to take the development to the next level after the acquisition by EyeCare partners.