MED ParentCo L.P.

Overview Key strengths Key risks Recognized brand name and strong growth through acquisitions. Small scale in the fragmented and competitive optical retail industry. Limited reimbursement rate risk. Industry lacks product diversity. Strong supplier relationships. Integration risk associated with its aggressive acquisition model. We expect MED ParentCo L.P. (doing business as MyEyeDr.) to demonstrate an improved operating performance over the next 12-18 months as its industry recovers from coronavirus pandemic-related pressures. The company improved its operating performance in 2021, supported by positive same store sales for the first three quarters of the year, which reflected a good rebound in its patient demand after the pandemic-related decline in 2020. MyEyeDr. also reported that its same-store sales increased by 5% in the third

...(doing business as MyEyeDr.) to demonstrate an improved operating performance over the next 12-18 months as its industry recovers from coronavirus pandemic-related pressures. The company improved its operating performance in 2021, supported by positive same store sales for the first three quarters of the year, which reflected a good rebound in its patient demand after the pandemic-related decline in 2020. MyEyeDr. also reported that its same-store sales increased by 5% in the third quarter. Therefore, we expect the company to significantly improve its margin in 2021 and 2022 as the labor efficiency and cost management headwinds it faced in 2020 dissipate....

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