Ascend Vision Partners (AVP), a portfolio company of private equity firm Chicago Pacific Founders, announced on March 29 that it acquired Elgut Eye Care for an undisclosed price. The partnership represents AVP’s seventh in Florida and third acquisition of the year.

Elgut Eye Care is led by the physician team of Drs. Noel Elgut and Cody Ott. The practice has served patients in Fort Lauderdale, Florida, and the surrounding area for more than 30 years and offers a full suite of ophthalmic services.

Established in 2022, AVP delivers business solutions for eye care professionals, allowing ophthalmologists and optometrists to focus on patient care. The company’s 300 employees provide eye care to more than 250,000 patients annually across the southeastern U.S. 

According to data captured in the LevinPro HC database, this acquisition marks the 128th Physician Medical Groups transaction of 2023 and 38th in the dental specialty.