News Briefs Archive

Essilor Acquires PERC/Infinity Vision Alliance

Nov. 18, 2015

Essilor announced that it has acquired a majority interest in the Professional Eyecare Resource Co-Operative (PERC) and Infinity Vision Alliance (IVA), a group purchasing organization comprised of over 2,400 independent eyecare practices in the U.S. The principals of PERC/IVA and Essilor have “enjoyed a successful partnership for more than 25 years, and are united in their support of independent optometry through innovation, partnership and choice.”

The companies say the alliance strives to achieve optimal value for its membership of more than 4,000 doctors through engagement within a narrow and elite vendor channel.

“By leveraging the expertise of PERC/IVA and the resources of Essilor, we will work together to accelerate growth in the eyecare industry,” says Eric Leonard, president, Essilor of America. “This partnership advances our commitment to expanding innovation in the products and services we’re able to offer eyecare professionals, further enhancing their position in the industry.”

PERC/IVA will continue to operate independently, led by their current leadership team, and its members will continue to have choice across all services and products.

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