Private Equity fund Arcadia Small Cap, managed by Arcadia SGR S.p.A., announces the sale of its participation in Vision Group in a management buyout financed by Intermediate Capital Group. The mamagement, led by the CEO Marco Procacciante, will retain a controlling position. Founded in 1989, with the support of Arcadia Vision Group has become the leading Italian distributor of optical products, with 193 direct retail stores and about 300 franchised under the brands VisionOttica and VistaSì. In addition the group serves 2,200 optical stores, covering approximately 22% of the Italian market.