Connect with us

Headlines

Acquisition of 700-Store Visionworks Chain Completed

Visionworks operates in nearly 40 states.

mm

Published

on

RANCHO CORDOVA, CA – VSP Global announced that it has completed the acquisition of San Antonio, TX-based Visionworks.

“With the close of this acquisition, we can provide more value to our clients and members and respond to their expectations for a substantial, consistent, and sustainable retail eye care experience, underscored by the professional care of VSP network doctors,” said Michael Guyette, president and CEO of VSP Global. “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.”

Pete Bridgman, president of Visionworks, will report to Guyette effective immediately. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead.

With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP Global.

Plans for the acquisition were announced in June. Financial terms of the deal were not disclosed.

Advertisement

SPONSORED VIDEO

SPONSORED BY VARILUX

The Best Overall Progressive Lens, Now Powered by AI

Engineered with Behavioral Artificial Intelligence and utilizing new XR-motion™ technology, Varilux XR series goes beyond prescription and eye physiology to consider the patient’s visual behavior and design a progressive lens that respects how
their eyes naturally move.

Varilux XR series comes in two versions, Varilux® XR design and Varilux® XR track. The Varilux XR track lens provides an additional level of personalization by incorporating the exclusive Near Vision Behavior Measurement, providing up to 25% more near vision width3 according to the patient’s need, so patients get the highest level of customization.

Discover Varilux XR series and enjoy instantly sharp vision in motion4 and seamless transitions from near to far.

For more information, visit here.

Promoted Headlines

Advertisement

Advertisement

Subscribe

INVISIONMAG.COM
BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Advertisement

Most Popular