Senior Secured Credit Facility

Lead | March 2017

Sector: Leading Eye Care Practice

AB Private Credit Investors (AB-PCI) provided a senior secured, unitranche credit facility to support H.I.G. Capital's strategic investment in Barnet Dulaney Perkins Eye Center ("BDP") and Southwestern Eye Center ("SWEC"). AB-PCI was the sole lender in the transaction.

Rob Wolfson, Managing Director at H.I.G. Capital commented, "The AB-PCI team was a great partner and worked diligently throughout the process, demonstrating sector knowledge, creativity, and the ability to provide flexible financing to ensure both transactions closed in an efficient and timely manner."

"BDP and SWEC each have a strong regional leadership position, with excellent brand recognition that positions them well to continue to grow in the fragmented ophthalmology market. We are excited to partner with H.I.G. and management to support the next stage of evolution for the combined business, " noted Jay Ramakrishnan, Managing Director at AB-PCI.

About Barnet Dulaney Perkins and Southwestern Eye Care: Headquartered in Phoenix, AZ and Mesa, AZ, Barnet Dulaney Perkins and Southwestern Eye Center are the leading eye care practices in Arizona offering a full range of clinical and surgical eye care. For over 30 years, the practices have been providing care to urban and underserved rural communities throughout the Southwest.

Contact Us

Brent Humphries

President and Founding Member

Jay Ramakrishnan

Managing Director, Head of Originations and Founding Member

Justin Grimm

Managing Director

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