PE-backed Retina Consultants of America (RCA) has announced a new partnership with North Carolina Retina Associates (11 physicians), making its way into a new market. North Carolina Retina Associates is the largest retina practice in North Carolina with nine locations from Chapel Hill to Greenville including Raleigh and Wake Forest. The practice is not only a leading medical and surgical retina treatment provider in the greater Raleigh area, but they also donate time and expertise to retinal care globally in countries such as Honduras, Dominican Republic and Nepal.
RCA is a network of over 50 leading retina specialists backed by Webster Equity Partners. The group was created in March 2020 through the merger of four retina specialist practices. The practice has been a very active buyer in 2021, announcing four acquisitions so far this year. In March, RCA partnered with Retina Associates, P.A. of Kansas City (10 physicians), which serves the Greater Kansas City, Topeka, Sedalia and surrounding areas and Carolina Retina Center (two physicians), the first single subspecialty retina practice in central South Carolina.
Following that in June, RCA announced two more partnerships. First, it bought Retinal Consultants of San Antonio (five physicians), a retina surgical practice in South Central Texas, and then added The Retina Center of the Twin Cities of Minneapolis and St. Paul, a leading provider of ophthalmic care in the retina subspecialty in southeastern and central Minnesota.
Cain Brothers represented North Carolina Retina Associates in the transaction.
