The acquisition represents an exit for Arcadia SGR that invested in Vision Group in 2014 and for other investors.
The Group, headquartered in Milan, has over 900 employees and is focused on providing high-quality professional eyecare alongside innovative products.
Vision Group has become a leading eyecare network in Italy, boasting over 480 locations under VisionOttica and Vistasì brands and over 2,200 independent partner opticians.
Vision posted 2023 revenues of around Euro 113 million, and it is well-positioned in a market that still highly fragmented for vision correction.
ICG aims to further grow the Group, both organically and through acquisitions, strengthening Vision Group’s distinctive value proposition in professional eyecare across Italy.
ICG provided a comprehensive financing package, including both debt and equity, to support Vision’s growth plans and strategy over the years ahead, while Banco BPM provided a Super Senior Revolving and Acquisition Credit Facility.
