America's Best Contacts & Eyeglasses Inc.

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America's Best Contacts & Eyeglasses Inc. - overview

Established

1994

Location

-, GA, US

Primary Industry

Healthcare Specialists

About

Consolidated Vision Group, Inc. operates as America's Best Eyecare + Eyewear, focusing on affordable vision care solutions, including eyeglasses, contact lenses, and eye exams for a diverse customer base across the United States. Founded in 1994 and headquartered in Lawrenceville, US, Consolidated Vision Group, Inc. specializes in cost-effective vision care.


The company has engaged in five notable deals and has recently completed a successful Add-on, Trade Sale funding round, raising USD 88. 00 mn led by National Vision Holdings, Inc. America's Best Eyecare + Eyewear specializes in providing affordable vision care solutions, primarily through eyeglasses, contact lenses, and eye exams. Their flagship offer includes a "2 for $89.


95" promotion for two pairs of single-vision eyeglasses with a complimentary eye exam. The company serves a wide demographic, from children to adults, and extends its services online, catering to urban and suburban markets across the United States. America's Best Eyecare + Eyewear generates revenue through direct-to-consumer sales of eyewear products and services. Their structure includes single purchases, bundled promotions, and membership programs, like the "Eyecare Club", which provides savings through auto-shipment services.


Pricing varies, with special promotions aimed at budget-conscious consumers, ensuring value and transparency in transactions. The company aims to launch new products in the near future while expanding its geographic presence to include additional markets across the United States. The recent successfully raised funding of USD 88. 00 mn will be utilized to support these expansion initiatives.


The exit of Windjammer Capital Investors from their stake indicates strategic shifts that may further influence future growth opportunities.


Current Investors

Versa Capital Management, Berkshire Partners, National Vision Holdings, Inc.

Primary Industry

Healthcare Specialists

Sub Industries

Consumer Products, Retail, Optometrists & Opticians Products and Services

Website

www.americasbest.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

America's Best Contacts & Eyeglasses Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedAmerica's Best Contacts & Eyeglasses Inc.-
RecapitalisationCompletedAmerica's Best Contacts & Eyeglasses Inc.-
BuyoutCompletedAmerica's Best Contacts & Eyeglasses Inc.-
RecapitalisationCompletedAmerica's Best Contacts & Eyeglasses Inc.-
BuyoutCompletedAmerica's Best Contacts & Eyeglasses Inc.-

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