November 13, 2023
Translink Corporate Finance in the US, Dinan & Company LLC, acted as the advisor to CECOP Exponential Growth LLC in its partnership with Pearlman Buying Group.
The acquisition took place in August and earlier this month, Ignacio Macias, CECOP USA’s CEO, communicated with Pearlman Group’s 600 independent eyecare professional members to reconfirm all the new benefits they will experience as a result of the partnership. There are currently 2,300 CECOP members in the US and 10,000 worldwide, with the global group CECOP International having expanded in the UK earlier in the year.
Macias has assured Pearlman members that their experience with Pearlman will continue to expand in exciting ways due to this partnership with CECOP USA. “Our commitment to providing outstanding service to independent eyecare professionals remains unwavering. You can expect an enhanced level of service and access to an even broader range of exclusive deals and services from across the United States in the coming months.
“By joining forces with Pearlman, we have significantly increased our purchasing power. This means that together, we can secure even better deals and discounts on products and services for your business. We understand the importance of cost-effective solutions for your practice, and we are dedicated to helping you optimize your store operations and increase your bottom line.”
Expanded offerings, enhanced support and exclusive savings will be offered as well as networking and community, which will enable members of the CECOP USA network to connect, learn and engage with like-minded professionals.
Macias noted that founder Dr. Dean Yimoyines remains in touch with the group but does not have an operational role. Yimoyines stated, “Ignacio and his team will carry on and expand my vision for Pearlman. He will enable Pearlman to deliver more value to our customers and colleagues as we all move into the future. I couldn’t have picked a better partner and steward for Pearlman.”
Macias also added, “I’d like to emphasize that we will continue the legacy and culture of Dean Yimoyines. Just as Dean was dedicated to helping independent practices, so are we. CECOP USA is 100 percent independent and privately owned, so we do not depend on any big manufacturer or adhere to any corporate bias. Our focus is exclusively on helping independent practices be successfully independent.”
Contact our Team Members advising in this transaction:
Translink Corporate Finance is an independent partnership of firms dedicated to Corporate Finance and M&A advisory services through over 36 offices in the key markets in Europe, North and South America, Asia, Australia, and Africa. Translink has been successful in advising clients on thousands of transactions since its founding in 1972 and Translink offices have acted as advisers in over 100 M&A projects during the last twelve months.
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading national M&A and merchant banking services company with over 35 years of advisory experience dedicated to middle-market transactions.