Vision & Eye Care
Optometry, ophthalmology, and eyewear retail
What PE Ownership Means for This Industry
80% market control
EssilorLuxottica and PE firms control 80%+ of the eyewear market
Between EssilorLuxottica's near-monopoly on frames/lenses and PE-backed optometry chains, consumers face artificially high prices for glasses and eye exams.
Source: 60 Minutes / Adam Ruins Everything
PE-Owned Brands
Bausch + Lomb
Owned by Warburg Pincus
Warburg Pincus and Ontario Teachers' Pension Plan acquired Bausch & Lomb for $4.5B in 2007. Sold to Valeant Pharmaceuticals (now Bausch Health) for $8.7B in 2013. Bausch Health later became notorious for drug price increases. Bausch + Lomb re-IPO'd in 2022.
0 locations tracked
EyeCare Partners
PE-backed eye care platform with 600+ locations, previously Partners Group-backed
7 locations tracked
Eyemart Express
Owned by Leonard Green & Partners
Budget eyewear retailer with 240+ locations. Previously Leonard Green-backed, sold to VSP Vision in 2025
9 locations tracked
LensCrafters
Optical retail chain owned by EssilorLuxottica
3 locations tracked
MyEyeDr.
Owned by KKR (Kohlberg Kravis Roberts)
KKR-backed optometry chain with 800+ offices in 26 states
8 locations tracked
Pearle Vision
Eye care chain owned by EssilorLuxottica
6 locations tracked