VSP Vision Acquires Eyemart Express

Leonard Green & Partners Makes Strategic Investment in Eyemart Express

October 13, 2020

Retail

Leonard Green & Partners completed a strategic minority investment in Eyemart Express, joining majority stakeholders FFL Partners and the Barnes Family, who will retain majority ownership. The transaction (terms undisclosed) provides growth capital without adding incremental debt and is intended to support Eyemart Express’s continued store expansion, systems investments, and potential strategic acquisitions.

VSP Vision Acquires Marcolin from PAI Partners

December 23, 2025

Consumer Products

VSP Vision has completed the acquisition of Marcolin, a global eyewear design, manufacturing, and distribution group, from PAI Partners and other minority shareholders. The deal expands VSP's eyewear capabilities and brand portfolio, complementing its Marchon Eyewear business and strengthening its global manufacturing and distribution footprint.

Partners Group Acquires Majority Stake in EyeCare Partners from FFL Partners

December 16, 2019

Healthcare Services

Partners Group agreed to acquire a majority stake in EyeCare Partners from FFL Partners, marking a PE-to-PE buyout of the U.S. ophthalmology and optometry services platform. EyeCare Partners is a vertically integrated network of optometry and ophthalmology practices headquartered in St. Louis that grew rapidly under FFL (reported 65% CAGR and several hundred sites) — financial terms were reported by market sources at roughly $2.2 billion.

Atlantic Vision Partners Acquires Vista Eye Specialists

February 14, 2022

Healthcare Services

Atlantic Vision Partners (AVP), a Sheridan Capital Partners-backed platform, has acquired Vista Eye Specialists, an ophthalmology and optometry practice in Fredericksburg, Virginia. The deal is an add-on to AVP's roll-up strategy in the Mid-Atlantic, expanding its presence in Virginia alongside a concurrent partnership with DeVito & Martin Optometry.

American Vision Partners Partners with Southwest Eye Institute

March 11, 2021

Healthcare Services

H.I.G. Capital-backed American Vision Partners has entered into a strategic partnership with Southwest Eye Institute, the largest eye care practice in El Paso, Texas. The deal expands AVP's platform footprint into Texas and New Mexico and will keep Southwest Eye Institute's brand and clinical leadership in place while providing additional operational support, technology and resources.

VSP Vision Acquires Professional Eye Care Associates of America (PECAA) from Nautic Partners

October 3, 2022

Healthcare Services

VSP Vision announced the acquisition of Professional Eye Care Associates of America (PECAA) from Nautic Partners. PECAA, the nation’s largest community of independent eye care professionals serving more than 12,000 members, will continue to operate independently and remain doctor-led while gaining access to VSP's resources and member benefits.