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VSP Global acquires Visionworks
VSP Global announced the acquisition of Visionworks to further its mission of improving access to affordable and quality eye care.
Visionworks provides comprehensive eye exams and eye wear at more than 700 locations in nearly 40 states and the District of Columbia.
“With the close of this acquisition, we can provide more value to our clients and members and respond to their expectations for a substantial, consistent and sustainable retail eye care experience, underscored by the professional care of VSP network doctors,” Michael Guyette, president and CEO of VSP Global, said in a press release from VSP. “The addition of Visionworks marks a major milestone in VSP Global’s 65-year history, supporting our mission of helping people see and keeping us well-positioned to better compete and grow membership in a changing marketplace.”
According to the release, Visionworks will continue to operate independently while VSP Global assesses the business integration options. This acquisition is the largest network investment by VSP Global, the company said.