.
MergerLinks Header Logo

New Deal


Announced

VSP Global to acquire Visionworks from Highmark.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

optical retailer

Pending

Acquisition

United States

Specialty Retailers

Private

Synopsis

Edit

VSP Global, a vision care health insurance company, agreed to acquire Visionworks, an American company which operates or manages 700 optical retail stores, from Highmark, a non-profit healthcare company. Financial terms were not disclosed. "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. "With expanded nationwide access, we'll provide our clients and members with an option for a more substantial, consistent and sustainable retail experience, further enhanced by the professional care of VSP network doctors."

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US