VSP Vision completes acquisition of Eyemart Express
Wells Fargo, Kirkland & Ellis, and PricewaterHouse Coopers International Limited served as main advisors to VSP Vision on the acquisition.
Image credit: AdobeStock/Mongkolchon
VSP Vision has completed the acquisition of Eyemart Express this month from FFL Partners and Leonard Green & Partners, according to a news release. With the acquisition effective immediately, Eyemart Express will continue to operate as normal while VSP Vision will assess future business integration opportunities.
“This purposeful investment offers our clients and members more network choice and will help meet patient needs in rural and underserved communities,” said VSP Vision President and CEO Michael Guyette. “Like VSP, Eyemart Express is doctor-founded with a core value focused on care. As we celebrate our 70th year of operation, we will continue to seek opportunities that further our commitment to empowering human potential through sight.”
Wells Fargo, Kirkland & Ellis, and PricewaterHouse Coopers International Limited served as main advisors to VSP Vision on the acquisition.
Founded in 1990, Eyemart Express is based in Texas and currently has approximately 250 stores in 42 states, delivering 80% of glasses in 1 hour due to efforts from in-house labs and on-site technicians.1
“Joining the VSP Vision family is a natural fit for Eyemart Express, and we look forward to helping increase access to convenient, fast eyewear delivery and great patient care from doctors of optometry,” said Eyemart Express CEO Mike Nuzzo in a news release.2 “We’re excited by this incredible opportunity to help even more people see every moment.”
References:
VSP Vision completes Eyemart Express acquisition. News release. VSP Vision. January 23, 2025. Accessed January 31, 2025. https://vspvision.com/newsroom/company-news/company-announcements/vsp-vision-completes-eyemart-express-acquisition
VSP Vision enters into definitive agreement to acquire Eyemart Express. News release. News release. Eyemart Express. October 9, 2024. Accessed January 31, 2025. https://eyemartexpress.com/blogs/press-releases/vsp-vision-enters-into-definitive-agreement-to-acquire-eyemart-express
