Vision Source is an
optometric service network of independent optometrists headquartered in
Kingwood, Houston,
Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
,
US, owned by EssilorLuxottica since 2015. The company was founded by Glenn Ellisor, O.D. in 1991.
Vision Source is considered a franchisor in accordance to franchise law, and its members are franchisees, who own their respective practice. In 2015, Vision Source members reported a combined $2,511,500,000 in retail sales, professional services, and managed vision benefits, making them the second largest optical retailer in the U.S. for 2015, behind Luxottica.
Optometrists pay Vision Source a fee based on the percentage of the practice's gross income. In exchange, Vision Source provides
optometrists access to new technologies, practice management tools,
marketing assistance, and
supply chain
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distri ...
programs.
Brazos Equity Partners LLC invested in Vision Source in 2011 to support the company's growth.
In 2015, the U.S. subsidiary of
Essilor International acquired Vision Source from Brazos Equity Partners LLC for an undisclosed amount.
References
External links
*
{{Eyewear retailers
Essilor
Eyewear retailers of the United States
American companies established in 1991
Retail companies established in 1991
Eyewear companies of the United States
Companies based in Houston