Centerbridge Partners completes Davis Vision buyout, will merge it with Superior Vision

Centerbridge Partners LP has closed its previously announced acquisition of a majority stake in Davis Vision, a managed vision care company. No financial terms were disclosed. Centerbridge will merge Davis Vision with portfolio company Superior Vision while Highmark takes a minority stake in the combined managed vision care business. And, in a separate deal, Centerbridge has acquired a minority stake in Visionworks, an optical retailer, with Highmark retaining its controlling ownership stake in Visionworks.

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