VSP Vision Expands Eye Care Services with Eyemart Express Acquisition

VSP Vision's Recent Acquisition of Eyemart Express

In a significant move aimed at broadening access to quality and affordable eye care, VSP Vision™ has finalized the acquisition of Eyemart Express from FFL Partners and Leonard Green Partners. This acquisition not only reinforces VSP’s commitment to expanding vision care across various communities, especially those underserved, but also enhances the overall service network for its members.

Michael Guyette, President and CEO of VSP Vision, highlighted the importance of this strategic investment: "This purposeful investment offers our clients and members more network choice and will help meet patient needs in rural and underserved communities." With nearly 70 years of experience, VSP's mission focuses on empowering human potential through improved sight, a vision that aligns closely with the ethos of Eyemart Express.

Eyemart Express, a doctor-founded company established in 1990, operates about 250 stores across 42 states, ensuring that 80% of glasses can be delivered within just one hour. This rapid service is made possible due to their in-house labs and on-site technicians, setting a high standard in the eye care industry. As part of the acquisition, Mike Nuzzo, the current CEO of Eyemart Express, will now report to Jeff Koziel, Chief Network Officer at VSP Vision. Despite the acquisition, operations at Eyemart Express will continue unchanged while VSP Vision evaluates potential integration methods moving forward.

While VSP Vision has been a leader in health-centered vision care, this acquisition marks a new chapter in its quest to reach and assist more individuals in need of eye care. The organizations already share similar values, both prioritizing the patient experience and striving to enhance accessibility.

For VSP Vision, this acquisition strengthens its position as the nation’s first not-for-profit vision benefits company. The company operates under a model that serves over 85 million members, enhancing their access to affordable eye care and eyewear through a network of more than 42,000 doctors. Moreover, VSP Vision is dedicated to social responsibility, having provided over 4 million individuals with no-cost eye care and eyewear through its Eyes of Hope programs.

Eyemart Express, conversely, integrates a personal touch within local communities. Their skilled teams consist of local optometrists, technicians, and support staff committed to improving eye care accessibility. Their motto of delivering "Glasses Made Today – Shipped Tomorrow" reflects a commitment to service speed and quality, making them one of the top optical retailers in the U.S. with brands like Vision 4 Less and Visionmart Express under their umbrella.

In conclusion, this acquisition not only enhances service delivery for VSP’s current clients but also promises to open new avenues for both organizations to further their mission of providing high-quality vision care. As the integration progresses, the ultimate goal remains clear: empower individuals to achieve their best vision possible and contribute positively to community health across the nation.

VSP Vision's commitment to innovation, accessibility, and community health continues to shape its operational strategy as it embarks on the next phase of its journey with Eyemart Express on board.