VSP Vision Care, founded in 1955 and based in Rancho Cordova, California, is a provider of comprehensive eye care and insurance services. The company connects nearly 90 million patients with a network of optometrists, offering high-quality and affordable eye treatment. VSP Vision Care focuses on empowering individuals through enhanced vision, providing personalized eye care, optical services, health insurance, eyeglasses, and business health services. Its strategic approach is designed to improve overall health and well-being, ensuring that people have access to essential vision care across various settings globally.
Senior Vice President and Global Chief Investment Officer
Randy Lee
Chairman
4 past transactions
Eyemart Express
Acquisition in 2024
Eyemart Express, LLC is an optical retailer based in Farmers Branch, Texas, specializing in prescription eyewear, including eyeglasses, designer frames, and sunglasses for men and women. Founded in 1990, the company operates a retail chain of stores across multiple states in the United States, offering a wide selection of both private label and branded frames. Eyemart Express is known for providing quality eyewear at competitive prices, often with same-day service. In addition to retail, the company offers eye care services, including the management and diagnosis of eye diseases, as well as contact lens fittings. Eyemart Express aims to make affordable quality eyewear accessible to consumers both in-store and online.
Professional Eye Care Associates of America
Acquisition in 2022
Professional Eye Care Associates of America is a collective of independent eye care professionals aimed at promoting and supporting independent optometry practices. The organization offers a range of services designed to enhance the operational efficiency and profitability of its members. This includes access to exclusive programs, customized tools, business advice, marketing support, educational resources, and vendor relationship services. By fostering collaboration among practitioners, Professional Eye Care Associates of America seeks to strengthen the independent eye care sector and ensure its sustainability amidst a changing healthcare landscape.
Icare Health Solutions
Acquisition in 2021
iCare Health Solutions, LLC is a managed ocular health organization based in Tampa, Florida, founded in 1981. The company collaborates with health plans and multi-specialty clinics to provide comprehensive ocular solutions through a network of optometrists and ophthalmologists. iCare Health Solutions specializes in eye care management systems, HEDIS programs, and third-party administration, focusing on the integrated administration of ocular care services. By offering practice management, healthcare technology, clinical guidelines, and other related services, the company aims to lower costs and reduce waste in the delivery of ocular healthcare, ultimately helping patients lead healthier lives.
Community Eye Care
Acquisition in 2019
Community Eye Care, LLC, founded in 1998 and based in Charlotte, North Carolina, operates as a vision benefits company that manages vision plans for a diverse range of employer groups, including hospitals, financial institutions, government entities, and retailers. Catering to 252,000 members, the company focuses on providing straightforward and flexible vision plans that simplify routine eye care. Its offerings include easy-to-understand vision plans with flexible eyewear allowances, aimed at enhancing access to essential eye care services. Community Eye Care functions as a subsidiary of Independent Eye Care MSO, Inc., contributing to a network of private practice doctors and retail chains.
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