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May 2023 – OCLI Vision is making big headway into the Western New York area with the acquisition of three practices; Buffalo Niagara Retina Associates, Ophthalmology Associates of Western New York, and Retina Consultants of Western New York. This triple acquisition showcases OCLI Vision’s commitment to expanding superior eye care services and support for eye care professionals in the Northeast.
OCLI Vision, a multi-practice ophthalmology group with locations in New York, New Jersey, Connecticut, Pennsylvania, and West Virginia, is expanding access to advanced eye care services throughout the region and supporting eye care specialists through innovative programs. OCLI Vision’s growth is supported by the management and administrative services of Spectrum Vision Partners (SVP), an organization serving many of the top ophthalmology groups and ambulatory eye surgery centers in the Northeast.
The practices joining OCLI Vision have experienced teams and high-profile accolades to their names. Buffalo Niagara Retina Associates has been providing specialized eye care services focusing on diseases of the retina and vitreous to the western New York community since 1992. The practice consists of three retinal experts, each specializing in vitreo-retinal care.
“It’s an exciting time for our practice as we join the OCLI Vision team,” stated Dr. Martin A. Boscarino, MD. “We’re looking forward to connecting with the best eye care professionals in the industry and having access to an unprecedented professional network to help us expand the services we can provide to our valued patients.”
Ophthalmology Associates of Western New York has been serving families in the Buffalo, NY area for over 50 years. Ophthalmology Associates of Western New York’s team of five doctors provide comprehensive eye care services, including laser-assisted cataract surgery, treatment and surgery for glaucoma, and care for a wide-variety of complex eye disorders.
“OCLI Vision is the gold standard for multi-practice ophthalmology groups in the United States, and our team is thrilled to be joining this top-tier group of eye care professionals,” noted Dr. Charles Niles, MD. “By joining OCLI Vision, we’re getting access to a network of some of the most recognized professionals in the industry, state of the art practice management services, and much more. It’s a great opportunity for us to better care for our current patients, as well as, grow in the Western New York area, all while maintaining our commitment to the highest level of quality care.”
Retina Consultants of Western New York has been caring for patients for over 40 years, providing the latest in retinal condition treatment. With three locations and four experienced specialists, Retina Consultants brings experience and a strong presence in the Buffalo, NY community to the OCLI Vision team.
“We’re thrilled to be joining OCLI Vision,” noted Dr. Paul J. Lee, MD. “It’s been our ambition to further expand the care we can provide to the Western New York community. With OCLI Vision and its expansive network of specialized providers and clinics, we can reach more patients and continue applying the most advanced techniques and technology to the treatments we provide.”
HPC Puckett Advisory Company acted as the financial advisor for the Western New York practices.
For more information about OCLI Vision and Spectrum Vision Partners, please contact:
Tom Burke
Chief Executive Officer
Greg Wappett
Chief Development Officer
About OCLI Vision
Founded in 1997, OCLI Vision (www.ocli.mdg.co) is one of the leading ophthalmology practices in the United States. The practices of OCLI Vision offer eye care services at locations throughout Connecticut, New Jersey, New York, Pennsylvania, and West Virginia. OCLI Vision is led by a large group of highly skilled ophthalmologists and optometrists in each major sub-specialty of eye care who provide comprehensive eye care services, including treatment for cataracts, corneal disease, glaucoma, retinal disease, oculoplastics, refractive surgery, and neuro-ophthalmology.
About Spectrum Vision Partners
Spectrum Vision Partners (SVP) (www.spectrumvisionpartners.com) is a leading management services organization, serving the ophthalmology sector. With over 1,400 employees providing world-class practice management and administrative solutions to a network of nationally renowned, multi-specialty ophthalmologists in New York, New Jersey, Connecticut, Pennsylvania and West Virginia, SVP supports over 50 clinic locations, five state-licensed ambulatory surgery centers, and over 140 surgeons, doctors and other medical professionals. SVP provides a comprehensive set of business support functions, including billing and collections, credential services, marketing, physician recruitment, ASC development, financial and accounting services, benefits and payroll management and information technology. The company’s corporate service center is located at 825 East Gate Boulevard, Suite 111, Garden City, NY 11530.
About Blue Sea Capital
Blue Sea Capital (www.blueseacapital.com) is a private equity firm based in West Palm Beach, Florida, that invests in growth-oriented lower middle market companies with EBITDA of up to $30 million. The firm has over $1.3 billion in committed capital and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.
