Private equity firm Nautic Partners has acquired Rancho Cordova, CA-based Superior Vision Holdings Inc., a provider of vision insurance coverage, for an undisclosed amount.
Nautic Partners made the investment in partnership with the company’s management team, led by President and CEO Rick Corbett.
Founded in 1993, Superior Vision is an independent vision benefits company providing provides plans in a variety of sectors — including public, private, education, and associations — across a variety of industries and coverage to approximately two million members across all 50 states.
Following the transaction, the company will continue to work as an independent vision plan in the marketplace.
FinSMEs
09/04/2012