Amsterdam, July 2018 – Committed Capital and FYEO Medical B.V. (“FYEO Medical”) have agreed on a majority shareholding in FYEO Medical, an eye clinic for refractive surgery in Eersel.
With approximately 40 employees, FYEO Medical offers surgery in the field of laser eye surgery and implant lenses, among other things. FYEO Medical is the largest clinic for uninsured refractive surgery in the Netherlands.
Committed Capital focuses its participations on ambitious SMEs. Committed Capital distinguishes itself from other capital providers by its ability to create winning teams in its portfolio companies, with the Director/major shareholder (DGA) remaining with the company for a certain period of time. This participation is in line with Committed Capital’s strategy of bringing SMEs with growth potential, a proven earnings model and strong competitiveness to the next development/growth phase. The investment is made from the second fund of Committed Capital.
Albert van der Wal, partner at Committed Capital: “The market in which FYEO Medical operates offers enormous growth potential. In the Netherlands alone, more than ten million people wear glasses or lenses. We are also impressed by Paul Holtmann’s deep, specific sector knowledge. We look forward to working with him to create a strong team that will form the basis for the next phase of expansion. Our ambition is to set up additional clinics in the Netherlands and abroad.”
Paul Holtmann, Founder of FYEO Medical: “It is with great motivation and conviction that I have built up this company over the past fifteen years and I look forward to working with Committed Capital as Managing Director in the coming period to start the next phase of growth. If you look at the potential size of the market and the annual growth we are experiencing, I am confident that with the expertise and support of Committed Capital we can take the next step.”
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For more information
About Committed Capital
Founded in 2008, Committed Capital is a private equity investment firm. Committed Capital invests in Dutch SMEs, with proven business models, which are strongly competitive and are highly ambitious to grow. Committed Capital delivers added value by building winning teams that drive the further development, and future expansion, of their companies: committedcapital.nl.
About FYEO Medical
FYEO Medical, a fully equipped eye clinic for refractive surgery treatments (lens implants and laser eye surgery), was founded in 2002 by Paul Holtmann. FYEO Medical is based on three main pillars: honesty, comfort and the best result. FYEO Medical is now known as one of the most innovative clinics in the Benelux with fully equipped examination rooms, an OR for laser treatments with four different lasers and an OR for lens implants: fyeomedical.nl.