EssilorLuxottica Acquires Optical Investment Group (Romania)

EssilorLuxottica Acquires Optegra from MidEuropa

May 30, 2025

Healthcare Services

EssilorLuxottica has agreed to acquire Optegra, a leading European ophthalmology platform, from private equity firm MidEuropa. The transaction — subject to customary antitrust clearance and expected to close later this year — gives EssilorLuxottica a network of 70+ eye hospitals and diagnostic facilities across Europe and expands its clinical ophthalmology capabilities and European footprint.

New Look Vision Group Acquires Luxury Optical Holdings

December 1, 2021

Retail

Montreal-based New Look Vision Group, backed by FFL Partners and Caisse de dépôt et placement du Québec, has agreed to acquire New York–based Luxury Optical Holdings (LOH), the largest luxury optical retailer in the United States. The deal (terms not disclosed) expands New Look’s premium retail footprint in the U.S. and adds LOH’s wholesale and small-batch eyewear manufacturing capabilities to 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.

Luxium Solutions Acquires Inrad Optics

April 9, 2024

Manufacturing

Luxium Solutions, an affiliate of private equity firms SK Capital Partners and Edgewater Capital Partners, acquired Inrad Optics in an all-cash transaction valued at approximately $19 million (including assumed debt) and $1.10 per share. The deal, completed July 2, 2024, makes Inrad a privately held, U.S.-controlled business and is intended to expand Luxium's optics and photonics manufacturing capabilities and capacity.

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.

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.