RANCHO CORDOVA, Calif., June 27, 2019 – VSP Global ® announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. Terms of the deal were not disclosed. Terms of the deal were not disclosed. With high quality products and expert associates, Visionworks helps its patients maintain their vision with comprehensive eye exams and with over 1,500 frame options at every location. “With the close of this acquisition… VSP Global announced today that it has entered into a definitive agreement to acquire Visionworks, the sixth-largest optical chain in the country.With Visionworks’ more than 700 locations in 40 states, the acquisition will be the single largest VSP … RANCHO CORDOVA, Calif.— VSP Global announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. By Gordon Jennings, ODOctober 02, 2019. Gordon Jennings, OD, VSP Global board chair, said, “The Visionworks acquisition, once closed, will position VSP to meet expectations of our clients and to grow membership. KBCM served as Left Lead Arranger, Joint Bookrunner and Administrative Agent on the Credit Facilities. Visit the VSP Provider Hub, Heading Into 2021, New National Marketing Campaign Launches to Support Premier Program Practices, VSP Global and Essilor Reach Agreement on Formulary, Education and Training from Premier Academy360 Offers Specialized Training Badges on VSP’s Find a Doctor Directory. RANCHO CORDOVA, Calif. –  In its ongoing commitment to support and reinvest in private practice doctors participating in the, With a focus on supporting independent optometry, VSP Global® and Essilor have reached an agreement that further promotes, Rancho Cordova, Calif. — In time for Diabetes Awareness Month, VSP Global® is deploying a new program for doctors as part of an, Are You a Provider? $1.7 billion acquisition of Versant Health by MetLife; Sale of 1-800 CONTACTS to KKR; Acquisition of 6over6 by 1-800 CONTACTS; Growth investment by Centerbridge into DentaQuest; Sale of Visionworks to Vision Service Plan (VSP) Growth investment by Blue Sea Capital into SignatureMD; Acquisition … With a footprint of more than 700 stores in nearly 40 states, the Visionworks acquisition will be the single largest VSP … KBCM served as Left Lead Arranger, Joint Bookrunner and Administrative Agent on the Credit Facilities. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead, the announcement said. With a footprint of more than 700 stores in nearly 40 states, the Visionworks acquisition will be the single largest VSP … With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP … Visionworks prides itself in helping every customer find a look that fits with their personal style. the Company’s acquisition of Visionworks, fund working capital needs, and general corporate purposes . “This transaction is highly complementary to our business and marks a significant leap forward in continuing to fulfill our vision to provide access to affordable, high-quality eye care and eyewear to more people,” said Michael Guyette, President and CEO of VSP Global. As we’ve shared before, VSP Global has had its sights set on new retail development, acquisition, joint venture, and partnership opportunities as part of our long-term strategy. With a footprint of more than 700 stores in nearly 40 states, the Visionworks acquisition will be the single largest VSP network investment in the company’s 65-year history. At Visionworks, we stand for more than just eyeglasses. Media Contact:Jon Schuller[email protected]916.851.6331, Cision Distribution 888-776-0942 Our lawyers provide start-to-finish assistance with the structuring, negotiation, … The transaction will provide the Rancho Cordova, CA-based VSP Global with more than 700 retail stores in nearly 40 states. VSP Global announced today it has completed the acquisition of San Antonio, Texas-based Visionworks.It is the largest network investment in VSP Global’s 65-year history. At Visionworks, we stand for more than just eyeglasses. VSP Global entered into a definitive agreement to acquire Visionworks, the San Antonio-headquartered national retail optical chain, for an undisclosed amount. We are devoted to healthy eyes and passionate about delivering flawless vision by ensuring every person who visits our stores and affiliated doctors has an incredible experience that is unexpectedly simple. VSP Global® Completes Visionworks Acquisition RANCHO CORDOVA, Calif., October 1, 2019 – In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP … With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP Global. We are devoted to healthy eyes and passionate about delivering flawless vision by ensuring every person who visits our stores and affiliated doctors has an incredible experience that is unexpectedly simple. Visionworks prides itself in helping every customer find a look that fits with their personal style. Inside VSP: Reinvesting in You . VSP Global announced that it has entered into a definitive agreement to acquire San Antonio, Texas -based Visionworks, which has more than 700 stores in 40 states. Terms of the definitive agreement were … VSP Global announced that it has acquired San Antonio, Texas-based Visionworks. Together, we … Visionworks has more than 700 retail stores across the U.S. VSP Global® Completes Visionworks Acquisition Published: Oct 01, 2019 RANCHO CORDOVA, Calif. , Oct. 1, 2019 /PRNewswire/ -- In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global ® announced today it has completed the acquisition of San Antonio, Texas -based Visionworks . “With expanded nationwide access, we’ll provide our clients and members with an option for a more substantial, consistent and sustainable retail experience, further enhanced by the professional care of VSP network doctors.”, “We are aligned with VSP’s values and our shared commitment to help people see,” said Visionworks CEO, Pete Bridgman. The nation’s sixth-largest optical retailer has a new owner. We believe in our commitment and promise to make sure our patients and customers always see great. The Visionworks acquisition will be … About Visionworks Visionworks is the sixth largest optical chain in the United States. VSP Global Completes Visionworks Acquisition Posted October 1st, 2019 for VSP Vision Care RANCHO CORDOVA, Calif., October 1, 2019 – In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global ® announced today it has completed the acquisition of San Antonio, Texas-based Visionworks . This financing represents VSP’s debut syndicated loan transaction and KBCM’s first transaction with VSP. VSP Global, the Rancho Cordova-based vision care company, is buying San Antonio-based Visionworks, one of the nation’s largest retail optical chains. VSP has acquired Visionworks, which is a milestone in meeting the expectations of vision care clients who can deliver new patients to our network. We continue to do this … Its two business units, Davis Vision and Visionworks, together make more than 3.5 million pairs of glasses a year. With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP Global. With high quality products and expert associates, Visionworks helps its patients maintain their vision with comprehensive eye exams and with over 1,500 frame options at every location. VSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. ... VSP to acquire optical retailer Visionworks. This financing represents VSP’s … With Visionworks’ more than 700 locations … About Visionworks The transaction will close as soon as the necessary regulatory approvals are obtained. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead. Gordon Jennings, OD, VSP Global board chair, said, “The Visionworks acquisition, once closed, will position VSP to meet expectations of our clients and to grow membership. In the deal, the … Visionworks has more than 700 retail stores across the U.S. VSP Retail: Visionworks Acquisition is Complete but Not Our Investments in Private Practice. The acquisition was made by VSP Global's not-for-profit vision insurance subsidiary VSP Vision Care, according to a news release. “Together, we will be able to provide greater access for our members.”. Thursday, June 27, 2019 10:15 AM. VSP Global announced today that it has entered into a definitive agreement to acquire Visionworks, the sixth-largest optical chain in the country. the Company’s acquisition of Visionworks, fund working capital needs, and general corporate purposes . from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. VSP Global ® announced today that it has entered into a definitive agreement to acquire San Antonio, Texas -based Visionworks, subject to completion of regulatory approval. The deal, the details of which were not disclosed, is the single largest investment in VSP’s history. In the deal, the buyer is getting an eye care retailer with a footprint of more than 700 stores in nearly 40 states. The transaction will provide the Rancho Cordova, CA-based VSP … June 27, 2019. Vision benefits company VSP Global has taken a major step into brick-and-mortar eyewear retailing with its acquisition of Visionworks, which operates more than 700 stores across nearly 40 states and the District of Columbia. Pete Bridgman, President of Visionworks, will report to Guyette effective immediately. A leading provider of eyewear and eye care services, the company proudly serves customers through more than 700 locations in nearly 40 states and the District of Columbia. About VSP GlobalVSP Global is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. Its two business units, Davis Vision and Visionworks, together make more than 3.5 million pairs of glasses a year. VSP Global, the Rancho Cordova-based vision care company, is buying San Antonio-based Visionworks, one of the nation’s largest retail optical chains. Our industry-leading businesses include VSP® Vision Care, the only national not-for-profit vision benefits company, which provides access to eye care for nearly 90 million members through a network of over 40,000 doctors worldwide; Marchon® Eyewear Inc., one of the world's largest designers, manufacturers and distributors of high-quality eyewear and sunwear; VSP Optics, industry leaders in ophthalmic technology and lab services, providing custom lens solutions for the vision and lifestyle needs of patients; Eyefinity®, the industry leader in practice management and electronic health record software; VSP Retail, which focuses on increasing access to eye care and eyewear through multiple channels, and VSP® Ventures, which offers care-focused, customized choices for doctors looking to transition their practice. Behind the managed care business is VSP's vertically-integrated eye care and eye wear business including frame manufacturing (Marchon and Altair), optical labs (VSP Optics), and optical practice … We are over 8,000 people strong who are in some way in charge of one of humankind's most precious senses – sight. RANCHO CORDOVA, Calif., Oct. 1, 2019 /PRNewswire/ -- In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global® announced today it has completed the acquisition of San Antonio, Texas-based Visionworks. Visionworks gives VSP … About VSP Global With more than 700 stores in nearly 40 states, the … Visionworks is one of the largest retail chains of eye care services in the country, with about 700 locations in 40 states. "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," said Michael Guyette, President and CEO of VSP Global. June 27, 2019 -- VSP Global announced today that it has entered into a definitive agreement to acquire Visionworks, the sixth-largest optical chain in the country. Vision insurance and eyewear giant VSP Global has acquired another company, this time in Charlotte, North Carolina. VSP Global® Completes Visionworks Acquisition Published: Oct 01, 2019 RANCHO CORDOVA, Calif. , Oct. 1, 2019 /PRNewswire/ -- In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global ® announced today it has completed the acquisition of San Antonio, Texas -based Visionworks . Advertisement With a footprint of more than 700 stores in nearly 40 states, the Visionworks acquisition will be the single largest 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.". Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead, the announcement said. Visionworks is the sixth largest optical chain in the United States. “Grounded in our passion to deliver affordable quality eye care in a simple way, and strengthened by our new partnership with VSP, we will focus on advancing patient care and accessibility.”, “The Visionworks acquisition, once closed, will position VSP to meet expectations of our clients and to grow membership,” said Gordon Jennings, O.D., VSP Global Board Chair. As we’ve shared before, the marketplace is changing … Michael Guyette (l) and Pete Bridgman. RANCHO CORDOVA, Calif., October 1, 2019 – In furthering its vision to provide more access to affordable, high-quality eye care and eyewear, VSP Global ® announced today it has completed the acquisition of San Antonio, Texas-based Visionworks. VSP Global announced today it has completed the acquisition of San Antonio, Texas-based Visionworks.It is the largest network investment in VSP Global’s 65-year history. As you have likely seen or read, VSP Global® has just announced that the acquisition of Visionworks is complete. RANCHO CORDOVA, Calif., June 27, 2019 – VSP Global® announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. ... the acquisition. We believe in our commitment and promise to make sure our patients and customers always see great. With Visionworks’ more than 700 locations … VSP Optical Group, Inc. $1.45 Billion Senior Unsecured Credit Facilities October 17, 2019 On October 1, 2019, KeyBanc Capital Markets Inc. (“KBCM”) successfully closed the syndication of $1,450 million of … With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP Global. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead. Plans for the acquisition … Did you know VSP was founded over 65 years ago by doctors to drive patient access and support the long-term success of private practice doctors? Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead. A leading provider of eyewear and eye care services, the company proudly serves customers through more than 700 locations in nearly 40 states and the District of Columbia. Visionworks CEO Pete Bridgman said the San Antonio company’s vision and values will be “strengthened” by the partnership with VSP, which has nearly 90 million members and some 6,300 … The company first announced it had entered into an agreement to buy Visionworks in June.In a statement released today, VSP says it believes the acquisition … Together, we will be able to provide greater access for our members.” The transaction will close as soon as the necessary regulatory approvals are obtained. The acquisition will materially increase the size and geographic reach of VSP’s retail network. At the same time, you may also have seen the news release that announced major investments in the VSP … Vision benefits company VSP Global has taken a major step into brick-and-mortar eyewear retailing with its acquisition of Visionworks, which operates more than 700 stores across nearly 40 states and the District of Columbia. VSP Global entered into a definitive agreement to acquire Visionworks, the San Antonio-headquartered national retail optical chain, for an undisclosed amount. We are over 8,000 people strong who are in some way in charge of one of humankind’s most precious senses – sight. It's based in San Antonio, Texas, and has more than 5,000 employees. Highmark Inc. said Thursday that it has reached an agreement to sell its eye care company Visionworks to VSP Global, a California company run by a network of doctors. Our industry-leading businesses include VSP® Vision Care, the only national not-for-profit vision benefits company, which provides access to eye care for nearly 90 million members through a network of over 40,000 doctors worldwide; Marchon® Eyewear Inc., one of the world’s largest designers, manufacturers and distributors of high-quality eyewear and sunwear; VSP Optics, industry leaders in ophthalmic technology and lab services, providing custom lens solutions for the vision and lifestyle needs of patients; Eyefinity®, the industry leader in practice management and electronic health record software; VSP Retail, which focuses on increasing access to eye care and eyewear through multiple channels, and VSP® Ventures, which offers care-focused, customized choices for doctors looking to transition their practice. Visionworks will provide an additional source of unregulated revenue and earnings. Getting the deal done . June 27, 2019. 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