Add-on Acquisition • Consumer Products

VSP Global Acquires Visionworks of America

On June 27, 2019, VSP Global acquired consumer products company Visionworks of America

Acquisition Context
  • This is VSP Global’s 1st transaction in the Consumer Products sector.
  • This is VSP Global’s 1st transaction in the United States.
  • This is VSP Global’s 1st transaction in Texas.

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M&A Deal Summary

Date June 27, 2019
Target Visionworks of America
Sector Consumer Products
Buyer(s) VSP Global
Deal Type Add-on Acquisition

Target Company

Visionworks of America

San Antonio, Texas, United States
Visionworks of America is a provider of eyewear and eye care services proudly serve customers through more than 700 locations in nearly 40 states and the District of Columbia. With high-quality products and expert associates, Visionworks helps its patients maintain their vision with comprehensive eye exams and with over 1,500 frame options at every location. Visionworks prides itself in helping every customer find a look that fits with their personal style.
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Buyer Overview 1

Buyer

VSP Global

Rancho Cordova, California, United States

Category Company
Founded 1955
Sector Healthcare Services
DESCRIPTION

VSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. VSP Global industry major businesses include VSP® Vision Care, the only national not-for-profit vision benefits company, which provides access to eye care for nearly 90 million members through a network of over 40,000 doctors worldwide; Marchon® Eyewear Inc., one of the world’s largest designers, manufacturers and distributors of high-quality eyewear and sunwear; VSP Optics, industry leaders in ophthalmic technology and lab services, providing custom lens solutions for the vision and lifestyle needs of patients; Eyefinity®, the industry leader in practice management and electronic health record software; VSP Retail, which focuses on increasing access to eye care and eyewear through multiple channels, and VSP® Ventures, which offers care-focused, customized choices for doctors looking to transition their practice.


Deal Context for Buyer #
Overall 1 of 1
Sector: Consumer Products 1 of 1
Type: Add-on Acquisition 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1