VISION GROUP LEADERSHIP TEAM ANNOUNCES MANAGEMENT BUYOUT WITH SUPPORT FROM ICG

  • access_timeJUNE 26 2024

Vision Group, a leading eyecare network in Italy, announced today that its management team has partnered with global alternative asset manager ICG as part of a management-led buyout, which will enable Arcadia SGR and certain other investors to exit their investments in the Company...Vision Group is headquartered in Milan and has over 900 employees. Known as the ‘optician to the family', the Company is focused on providing high-quality professional eyecare alongside innovative products, resulting in industry-leading customer satisfaction...In fiscal 2023, Vision Group achieved core revenues of €113 million, leaving the Company well-positioned to continue its consistent growth trajectory in a market that is still highly fragmented with underlying growth supported by increasing needs for vision correction.

 

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