MetLife Acquires Versant Health (Davis Vision & Superior Vision) for $1.675B
September 17, 2020
MetLife, Inc. agreed to acquire Versant Health, the owner of Davis Vision and Superior Vision, from an investor group led by Centerbridge Partners (including FFL Partners) for approximately $1.675 billion in cash. The deal—expected to close in Q4 2020 subject to regulatory approvals—gives MetLife access to Versant Health's ~35 million members and strengthens MetLife's position in U.S. group benefits and managed vision care.
- Buyers
- MetLife, Inc.
- Targets
- Versant Health
- Sellers
- Centerbridge Partners, FFL Partners
- Industry
- Insurance
- Location
- Maryland, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Centerbridge Partners Acquires Superior Vision from Nautic Partners
April 7, 2016
Healthcare Services
Affiliated funds of Centerbridge Partners acquired Superior Vision Corporation from Nautic Partners VI. Headquartered in Linthicum, Maryland, Superior Vision is a vision benefits administrator serving employer groups, health plans and government programs and covering over 11 million members; terms were not disclosed.
-
NationsBenefits Acquires General Vision Services
December 3, 2024
Healthcare Services
NationsBenefits has acquired General Vision Services (GVS), a managed vision care and revenue cycle management provider, to expand its vision benefits and provider network offerings. The deal enables NationsBenefits to broaden its supplemental benefits platform — particularly for Medicare Advantage customers — by integrating GVS’s provider network, products, and technology into its existing suite of health plan solutions.
-
Unifeye Vision Partners Acquires Insight Vision Group
September 18, 2023
Healthcare Services
Unifeye Vision Partners, a portfolio company of Waud Capital, has acquired Insight Vision Group, a California-based ophthalmology platform that combines DLV Vision and ADV Vision. The deal adds 10 clinics and 2 ambulatory surgery centers to Unifeye's network and expands the buyer's West Coast footprint; financial terms were not disclosed.
-
Beverly Capital Acquires The Eye Health Group
February 12, 2021
Healthcare Services
Los Angeles-based private equity firm Beverly Capital has acquired The Eye Health Group, a New Jersey-based optometric service provider. Everside Capital Partners and Merion Investment Partners provided subordinated debt and equity support for the transaction; the seller will remain invested and management will continue to operate the business as the investors pursue a roll-up strategy across the Northeast.
-
Avista Capital Partners and VHC Investco Acquire Vision Healthcare NV
June 1, 2020
Consumer Products
Avista Capital Partners, together with VHC Investco and company management, acquired Belgium-based Vision Healthcare NV in a transaction valuing the company at €305 million (approximately $336 million). Avista and VHC Investco/management will each hold a 50% ownership interest; the partnership will support Vision's omni-channel, direct-to-consumer growth and geographic expansion across Europe and beyond.
-
Vance Street Capital Acquires Pro-Vision
September 26, 2024
Manufacturing
Los Angeles-based private equity firm Vance Street Capital has acquired Pro-Vision, a Grand Rapids, Michigan provider of mobile video hardware, installation services, and a Video-as-a-Service (VaaS) platform for commercial fleets, K-12 transit and public safety customers. The transaction is Vance Street’s first platform investment out of Vance Street Capital IV and will fund product development, commercial expansion and potential M&A; terms were not disclosed and debt financing was provided by Barings.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.