One "consolidation IPO" followed by another creates huge wealth

Business Valuation UpdateVol. 2 No. 5
Special Reports
May 1996
discounted cash flow (DCF), earnings before interest, taxes, depreciation, amortization (EBITDA)


In October 1991 Douglas R. Colkitt, MD, Larry W. Pearson and Richard C. Holdren founded EquiVision, Inc. They consolidated 18 ophthamology surgery centers and took the company public in November 1993.