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.
Mark Taylor, Head of Debt Advisory , Clearwater International
Robert Kennedy, CFO, Optos