Partners Group’s Acquisition of EyeCare Partners

Kirkland & Ellis advised Partners Group on the deal, while Willkie represented FFL Partners and its portfolio company EyeCare Partners.

Partners Group, the global private markets investment manager, executed a significant equity investment in EyeCare Partners LLC, the largest vertically integrated medical vision services provider in the US.

Partners Group will become the majority shareholder, while EyeCare Partner’s management team and physician partners will continue to maintain a substantial equity stake. The transaction is expected to close in the first quarter of 2020.

Founded in 2015 and headquartered in St. Louis, Missouri, ECP has an extensive network of full-scope medical optometry and ophthalmology practices, with over 450 locations across 13 states throughout the US.

The Kirkland team was led by transactional partners Michael Weisser (Picture), Kevin Mausert and Duncan Enista; debt financing partners Jay Ptashek and Yuli Wang; and tax partner Jared Rusman.

The Willkie deal team was led by partners Neil Townsend, David Cosgrove and Claire James.

Involved fees earner: Duncan Enista – Kirkland & Ellis; Kevin Mausert – Kirkland & Ellis; Jay Ptashek – Kirkland & Ellis; Jared Rusman – Kirkland & Ellis; Yuli Wang – Kirkland & Ellis; Michael Weisser – Kirkland & Ellis; David B. Cosgrove – Willkie Farr & Gallagher; Claire James – Willkie Farr & Gallagher; Neil Townsend – Willkie Farr & Gallagher;

Law Firms: Kirkland & Ellis; Willkie Farr & Gallagher;

Clients: EyeCare Partners; FFL Partners LP; Partners Group;

Author: Ambrogio Visconti