VSP Global® Completes Visionworks Acquisition RANCHO CORDOVA, Calif., October 1, 2019 – In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP … VSP has acquired Visionworks, which is a milestone in meeting the expectations of vision care clients who can deliver new patients to our network. VSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. “Grounded in our passion to deliver affordable quality eye care in a simple way, and strengthened by our new partnership with VSP, we will focus on advancing patient care and accessibility.”, “The Visionworks acquisition, once closed, will position VSP to meet expectations of our clients and to grow membership,” said Gordon Jennings, O.D., VSP Global Board Chair. RANCHO CORDOVA, Calif., Oct. 1, 2019 /PRNewswire/ -- In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global® announced today it has completed the acquisition of San Antonio, Texas-based Visionworks. RANCHO CORDOVA, Calif., June 27, 2019 – VSP Global® announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead. We are over 8,000 people strong who are in some way in charge of one of humankind's most precious senses – sight. 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. Our lawyers provide start-to-finish assistance with the structuring, negotiation, … Its two business units, Davis Vision and Visionworks, together make more than 3.5 million pairs of glasses a year. Visionworks gives VSP … Visionworks has more than 700 retail stores across the U.S. "The addition of Visionworks marks a major milestone in VSP Global's 65-year history, supporting our mission of helping people see and keeping us well-positioned to better compete and grow membership in a changing marketplace.". VSP Global, the Rancho Cordova-based vision care company, is buying San Antonio-based Visionworks, one of the nation’s largest retail optical chains. Together, we … VSP Retail: Visionworks Acquisition is Complete but Not Our Investments in Private Practice. About VSP Global
VSP Global ® announced today that it has entered into a definitive agreement to acquire San Antonio, Texas -based Visionworks, subject to completion of regulatory approval. RANCHO CORDOVA, Calif.— VSP Global announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. Rancho Cordova-based VSP said Tuesday that it's acquired Community … With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP Global. Visit the VSP Provider Hub, Heading Into 2021, New National Marketing Campaign Launches to Support Premier Program Practices, VSP Global and Essilor Reach Agreement on Formulary, Education and Training from Premier Academy360 Offers Specialized Training Badges on VSP’s Find a Doctor Directory. With more than 700 stores in nearly 40 states, the … JMBM represents buyers and sellers in a wide variety of mergers, acquisitions and divestitures. Our industry-leading 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. Terms of the deal were not disclosed. A leading provider of eyewear and eye care services, the company proudly serves customers through more than 700 locations in nearly 40 states and the District of Columbia. Visionworks is one of the largest retail chains of eye care services in the country, with about 700 locations in 40 states. With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP Global. VSP Global entered into a definitive agreement to acquire Visionworks, the San Antonio-headquartered national retail optical chain, for an undisclosed amount. Visionworks prides itself in helping every customer find a look that fits with their personal style. Visionworks will provide an additional source of unregulated revenue and earnings. Did you know VSP was founded over 65 years ago by doctors to drive patient access and support the long-term success of private practice doctors? We continue to do this … Advertisement The nation’s sixth-largest optical retailer has a new owner. Together, we will be able to provide greater access for our members.” The transaction will close as soon as the necessary regulatory approvals are obtained. At Visionworks, we stand for more than just eyeglasses. VSP Global Completes Visionworks Acquisition Posted October 1st, 2019 for VSP Vision Care RANCHO CORDOVA, Calif., October 1, 2019 – In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global ® announced today it has completed the acquisition of San Antonio, Texas-based Visionworks . Gordon Jennings, OD, VSP Global board chair, said, “The Visionworks acquisition, once closed, will position VSP to meet expectations of our clients and to grow membership. “Together, we will be able to provide greater access for our members.”. About VSP GlobalVSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. Plans for the acquisition … Visionworks has more than 700 retail stores across the U.S. KBCM served as Left Lead Arranger, Joint Bookrunner and Administrative Agent on the Credit Facilities. VSP Global entered into a definitive agreement to acquire Visionworks, the San Antonio-headquartered national retail optical chain, for an undisclosed amount. A leading provider of eyewear and eye care services, the company proudly serves customers through more than 700 locations in nearly 40 states and the District of Columbia. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead, the announcement said. We believe in our commitment and promise to make sure our patients and customers always see great. In the deal, the buyer is getting an eye care retailer with a footprint of more than 700 stores in nearly 40 states. In the deal, the … The transaction will provide the Rancho Cordova, CA-based VSP … VSP Global® Completes Visionworks Acquisition Published: Oct 01, 2019 RANCHO CORDOVA, Calif. , Oct. 1, 2019 /PRNewswire/ -- In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global ® announced today it has completed the acquisition of San Antonio, Texas -based Visionworks . We are devoted to healthy eyes and passionate about delivering flawless vision by ensuring every person who visits our stores and affiliated doctors has an incredible experience that is unexpectedly simple. VSP Global announced today it has completed the acquisition of San Antonio, Texas-based Visionworks.It is the largest network investment in VSP Global’s 65-year history. About Visionworks
“This transaction is highly complementary to our business and marks a significant leap forward in continuing to fulfill our vision to provide access to affordable, high-quality eye care and eyewear to more people,” said Michael Guyette, President and CEO of VSP Global. At the same time, you may also have seen the news release that announced major investments in the VSP … The acquisition will materially increase the size and geographic reach of VSP’s retail network. Visionworks prides itself in helping every customer find a look that fits with their personal style. 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. 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