EyeSouth Deepens Presence in Palm Beach County Through Affiliation with Mitchell Refractive

ATLANTA--(BUSINESS WIRE)--EyeSouth Partners (“EyeSouth” or the “Company”) is pleased to announce that it has completed an affiliation with Mitchell Refractive Surgery & Eye Center and The Optique (together referred to as “Mitchell Refractive”). The affiliation represents EyeSouth’s fourth in the state of Florida and seventeenth affiliation overall. EyeSouth is an eye care-focused management services organization backed by Shore Capital Partners committed to partnering with leading physicians to build a premier network of eye care services in the South. EyeSouth’s affiliate network consists of 17 practices with approximately 115 doctors providing medical and surgical eye care services at approximately 70 locations including 11 surgery centers throughout Georgia, Texas, Louisiana, North Carolina, Florida, Tennessee and Alabama.

Mitchell Refractive was founded by Dr. Alan Mitchell in 1993 and has grown into a premier boutique practice in Boca Raton, FL. Dr. Mitchell has a longstanding relationship with another EyeSouth affiliate, Florida Eye Microsurgical and its doctors, and we expect this partnership will further strengthen their relationship. Mitchell Refractive employs approximately 12 support staff and provides comprehensive medical and surgical eye care, cosmetic treatments, and eyeglasses to a wide range of patients in the area.

Dr. Mitchell commented on the partnership, “Since founding the practice 25+ years ago, we strived to provide high-quality care while building long-term relationships with our patients and their families. We are excited to begin the next phase of growth with EyeSouth, which will enable us to continue to provide this level of care to patients and provide additional resources to our employees for years to come.”

“Replicating our growth in Atlanta in other key markets such as Palm Beach County is a core part of our strategy,” said Dr. Eugene Gabianelli, MD., Chief Medical Officer of EyeSouth Partners. “We look forward to working together and continuing to build our collective presence throughout Palm Beach County and the surrounding areas.”

To learn more about a partnership with EyeSouth Partners, visit www.eyesouthpartners.com or contact Charlie Shreve, VP of Business Development & Strategy, [e-mail].

About EyeSouth Partners

Headquartered in Atlanta, GA, EyeSouth Partners (“EyeSouth”) is an eye care management services organization committed to partnering with leading physicians to build a premier network of eye care services in the Southern U.S. EyeSouth’s partner practices’ clinical mission is to provide high quality medical and surgical specialty eye care. EyeSouth supports its affiliated practices and physician partners with strategic guidance, administrative resources, operating expertise, and capital with an absolute focus on clinical quality and a patient-first culture. EyeSouth’s affiliate network consists of approximately 115 doctors providing medical and surgical eye care services at approximately 70 locations throughout Georgia, Texas, Louisiana, North Carolina, Florida, Tennessee and Alabama. EyeSouth is backed by Shore Capital Partners, a Chicago-based private equity firm focused on microcap healthcare and food & beverage investments. For more information about EyeSouth Partners, please visit: www.eyesouthpartners.com.

About Shore Capital Partners

Shore Capital Partners is a Chicago-based private equity firm focused on microcap healthcare and food & beverage investments. Shore supports management partners with capital, business development expertise, and industry knowledge to accelerate growth, fund acquisitions, and generate value to shareholders. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, including organic and growth through industry consolidation. Shore has over $1 billion of equity capital under management through various investment vehicles. More information about Shore Capital Partners can be found at www.shorecp.com.