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VSP Vision completes acquisition of Eyemart Express to expand access to high-quality eye care

Jan 23, 2025•11 months ago

Acquiring Company

VSP Vision

Acquired Company

Eyemart Express

Rancho CordovaFarmers BranchInsuranceHealth CareBeautyLifestyleFashion

Description

VSP Vision has completed the acquisition of Eyemart Express from FFL Partners and Leonard Green & Partners. This acquisition aims to expand access to affordable, high-quality eye care and eyewear, providing more network choice for clients and members, and meeting patient needs in rural and underserved communities. Eyemart Express will continue to operate as it does today while VSP Vision assesses future business integration opportunities.

Company Information

Company

VSP Vision

Location

Rancho Cordova, California, United States

About

VSP Vision is a national not-for-profit vision benefits company and the leader in health-focused vision care. With a network of more than 42,000 doctors, VSP Vision provides affordable access to eye care and eyewear for more than 85 million members through a network of more than 42,000 doctors. It is also committed to expanding access to vision care to those disadvantaged by income, distance, or disaster through VSP Vision™ Eyes of Hope®.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed