New Look Vision Group Acquires Luxury Optical Holdings

FFL Partners, CDPQ and Dr. H. Doug Barnes Family Acquire New Look Vision Group

May 26, 2021

Healthcare Services

FFL Partners, Caisse de dépôt et placement du Québec (CDPQ) and the Dr. H. Doug Barnes Family completed the acquisition of all outstanding Class A common shares of New Look Vision Group Inc. for C$50.00 per share, taking the company private and initiating delisting from the Toronto Stock Exchange. The investors said they will support New Look Vision's management to grow and expand its retail store network across North America and pursue additional opportunities in the eye care market.

EssilorLuxottica Acquires Optical Investment Group (Romania)

July 30, 2024

Retail

EssilorLuxottica has agreed to acquire the entire share capital of Optical Investment Group (OIG), Romania’s leading optical retailer, from Innova/6 (an Innova Capital fund) and a group of individual minority shareholders. OIG operates 99 stores under the OPTIblu, Optiplaza and O51 banners, with over 650 employees; the transaction is expected to close in Q4 2024 subject to regulatory approvals.

Lincoln Road Advisors Acquires Refac Holdings (U.S. Vision)

March 3, 2021

Healthcare Services

Lincoln Road Advisors, a Miami-based private equity investment firm, has completed the acquisition of Refac Holdings, the parent company of U.S. Vision, an optical retailer operating hundreds of locations. Financial terms were not disclosed; Lincoln Road said it plans to partner with management to grow the business.

OCLI Vision Acquires NY Vision Group

August 23, 2022

Healthcare Services

OCLI Vision, supported by Spectrum Vision Partners and affiliated with private equity firm Blue Sea Capital, has acquired NY Vision Group, adding the NYC-based multi-specialty ophthalmology practice to its growing network. The deal expands OCLI Vision's presence in New York City and brings additional cataract, LASIK, glaucoma, retina, and uveitis capabilities into its platform.

EssilorLuxottica Acquires Walman Optical Lab Network

March 25, 2021

Medical Devices

EssilorLuxottica has signed an agreement to acquire Walman, a U.S.-based network of 35 optical labs and vision-care service hubs headquartered in Minneapolis, Minnesota. The acquisition will expand EssilorLuxottica's lab and service capabilities in the U.S., supporting growth in progressive lenses, anti-reflective coatings and emerging solutions such as myopia management; Walman will continue to operate under its brand.

FYidoctors / FYihealth Acquires BonLook from Walter Capital Partners

November 25, 2021

Retail

FYidoctors (part of the FYihealth group) has acquired BonLook, a Montreal-based eyewear retailer, from Walter Capital Partners, which is transferring its holdings while remaining a minority shareholder. The deal expands FYidoctors' national brand portfolio and retail footprint, bringing BonLook's stores and DTC capabilities into FYihealth's network.