Candescent Partners acquires Seacoast Eye Associates

SEACOAST EYE ASSOCIATES Inc. has been acquired by Candescent Partners, the Boston-based private equity firm that purchased Koch Eye Associates in March.
Posted 1/7/13

BOSTON – Candescent Partners, the private equity firm that purchased Koch Eye Associates in March and acquired Eye Health Vision Centers in December, has acquired South Kingstown-based Seacoast Eye Associates Inc.

Seacoast founders Drs. Barry Wepman and Mark Deresienski partnered in 2000 after practicing separately in South County for more than 20 years. According to a Candescent Partners release, “Seacoast physicians and team will continue to care for patients for many years to come.”

“Partnering with Koch Eye Associates will provide us with more resources and locations to continue to meet the vision health needs of our patients,” Wepman said in prepared remarks. Deresienski added that Seacoast was “excited to be able to join the best team in Rhode Island.”

With the addition of Seacoast’s doctors and staff to Koch Eye Associates of Rhode Island and Eye Health Vision Centers, Candescent has formed one of the largest vision health companies in New England with 13 locations and 335 employees.

“We have worked collaboratively for years with Seacoast and are happy they are joining our family of physicians,” Dr. Peter Koch, chairman of the board of Candescent Eye Management, said in a statement. “Together we will be able to provide the most innovative care to help people throughout Rhode Island to see their very best.”

Financial terms of the deal were not disclosed.

PBN Hosted

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Purchase Data
Book of Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  • Purchase an e-File of the entire Book of Lists database
  • Purchase a printed copy of the Book of Lists
    Latest News