Unifeye Vision Announces Partnership with Brooks Eye Associates, Along with Strategic Growth Investment

DALLAS, May 7, 2025 /PRNewswire/ -- Unifeye Vision Partners ("UVP"), a leading ambulatory surgery center operator with integrated practice management services to the ophthalmology market, announced today its partnership with Brooks Eye Associates, a Plano, Texas based ophthalmology practice and surgery center. Concurrently, UVP received a growth capital investment from Morgan Stanley Private Credit ("MSPC") to support the financing of the partnership. PGIM Private Capital also participated in the financing transaction.

Led by Dr. Dain B. Brooks, Brooks Eye Associates has been serving the Plano, Texas market since 2013 providing comprehensive eye care including cataract surgery, advanced refractive procedures, glaucoma treatments, and retinal care. Brooks Eye Associates is also recognized for its philanthropic leadership. Dr. Brooks has led humanitarian eye care missions in underserved regions including India, Mexico, and Ecuador, reflecting the practice's dedication to global vision care and aligning with Unifeye Vision Partner's core values. Brooks Eye Associates focus and commitment to patient-centered care aligns with UVP's mission, vision, and values of supporting clinical and surgical care across the full spectrum of ophthalmology.

"What attracted us to UVP was their shared commitment to excellence in both clinical care and patient experience," said Dr. Dain B. Brooks. "Their values align closely with ours—rooted in integrity, innovation, and a deep respect for physician leadership. We're excited to grow together while continuing to serve our community with the highest standard of care."

"We are excited to welcome Dr. Brooks and his practice to UVP," said Martin Rash, CEO of UVP. "Their focus and commitment to innovation and high-quality outcomes makes them a natural fit for UVP and a big part of our growth plan in Texas and beyond."

By joining UVP, Brooks Eye Associates gains access to expanded resources, operational support, and strategic guidance—while continuing to lead with clinical autonomy. UVP's physician-led model empowers its partners to grow sustainably and stay focused on delivering the highest standard of patient care.

Mike Lehman, Principal with Waud Capital Partners, UVP's founding investor, commented, "The Brooks Eye Associates partnership and strategic growth investment is a pivotal moment and milestone for UVP. It will provide the Company with additional resources to continue its growth trajectory in existing and new geographies while emphasizing ambulatory surgical operations and high-quality patient care."

"We are pleased to be UVP's financing partner and support the company in its next phase of growth," said Ashwin Krishnan, co-Head of North America Private Credit, Morgan Stanley Investment Management. "This debt investment is an example of our ability to provide flexible credit capital in the current operating environment." 

Harris Williams LLC advised UVP and acted as exclusive placement agent in connection with the transaction.

QS Capital Advisors acted as the exclusive advisor to Brooks Eye Associates in connection with the partnership.

About Unifeye Vision Partners

Unifeye Vision Partners is a physician-led ambulatory surgery center operator with integrated practice management services focused on ophthalmology. The company delivers comprehensive management and support services to ophthalmology and optometry practices, as well as single-specialty eye surgery centers. Today UVP supports a network of 64 clinic locations and 19 ambulatory surgery centers. For more information, visit www.uvpeye.com.

About Waud Capital Partners

Based in Chicago and founded by Reeve B. Waud, Waud Capital Partners is a growth-oriented private equity firm with over 30 years of investing experience. Waud Capital Partners seeks to partner with experienced management teams to build market-leading companies within two industries: healthcare and software & technology. Since its founding in 1993, Waud Capital has successfully completed more than 480 investments, including platform companies and follow-on opportunities. For additional information on Waud Capital, please visit www.waudcapital.com.

About Morgan Stanley Private Credit

Morgan Stanley Private Credit, part of Morgan Stanley Investment Management, is a private credit platform focused on direct lending and opportunistic private credit investment in North America and Western Europe. The Morgan Stanley Private Credit team invests across the capital structure, including senior secured term loans, unitranche loans, junior debt, structured equity and common equity co-investments.

For Further Information and Inquiries:
Martin Rash, Chairman & CEO
Unifeye Vision Partners
(214) 974-0999
[email protected]
Mike Lehman, Principal
Waud Capital Partners
(312) 676-8400
[email protected]

SOURCE Waud Capital Partners