Clearwater International has advised Optos plc on securing off balance sheet financing to assist with core requirements and support continued international growth


Clearwater Advisor

Clearwater International provided strategic advice to Optos plc, a leading provider of devices and solutions to eyecare professionals, in order to raise a vendor finance funding package.

Optos designs and manufactures eye examination equipment that is sold to optometrists and ophthalmologists. The company was founded in 1992 and listed on the London Stock Exchange in 2006. It is a global business with offices in the UK, USA and Australia.

Optos’ core offering is retinal imaging products which produce ultra wide field, high resolution digital images. The company’s patented technology provides a 200 degree view (82%) of the retina – conventional equipment allows only a 45 degree field of view. The company has installed over 5,500 devices worldwide with over 38 million retinal scans purchased by patients.

The Debt Advisory team at Clearwater International was led by Mark Taylor, with support from manager David Burton.

“Optos is a great example of a growing plc that derives the majority of its sales from overseas markets. Clearwater International introduced some new US funders to the process from its extensive network in order to drive a competitive process with the optimal structure for our client.”

Mark Taylor, Head of Debt Advisory , Clearwater International

“Clearwater’s Debt Advisory team were engaged to introduce alternative structures and providers of finance to the refinance process that would fit the continued international strategy of Optos plc. This was provided through their extensive network and knowledge of global debt markets. The Debt Advisory team was led by Mark Taylor, who introduced a new approach and remained actively engaged throughout the whole process. I will look to use Clearwater again in the future and wouldn’t hesitate to recommend them to other companies.”

Robert Kennedy, CFO, Optos