AEG Vision

What AEG Vision does

AEG Vision, operating as Acuity EyeCare Holdings, LLC, is a Dallas-headquartered, Riata Capital Group-backed roll-up platform that acquires and operates independent optometry practices under a "Common Platform" model that preserves local brand identities while centralizing back-office functions. As of August 2025 the network comprised more than 500 wholly owned practices across 30+ states, employing 5,000+ optometrists and associates and serving 3 million+ patients annually, with a consistent cadence of 70+ practice acquisitions per year and stated intent to add 80 in 2025.

The technology stack consists of a cloud-based practice management platform with three principal modules: a Patient Lifecycle Digital Platform managing exam recall, personalized marketing, real-time appointment availability, product pickup reminders, and benefit maximization; a Performance Dashboard providing KPI access and two-way patient texting; and integrated EHR systems. Management reports that 80% of ongoing operational systems are fully automated across business intelligence, process automation, call center, merchandising, and lab support. The platform underpins both clinical operations and specialty services such as LipiFlow, IPL treatments, and ocular surface disease management.

AEG Vision's business model operates on two primary revenue streams: optometry service fees from full-scope clinical care (exams, medical eye care, specialty contact lens fittings, dry eye treatment, vision therapy) and retail dispensary revenue from the sale of eyeglasses, contact lenses, and related optical products at the point of care. Growth is funded by PE sponsor Riata Capital Group and is executed through a partnership-based go-to-market motion in which independent practice owners transition ownership in exchange for maximized valuation, operational relief, and the ability to retain clinical autonomy. The company sells primarily to independent optometry practice owners contemplating exit or scale, while the underlying patient base represents a long-tail consumer market spread across 30+ states. AEG Vision was ranked #9 in Vision Monday's Top 10 U.S. Optical Retailers in 2025, placing it ahead of Warby Parker.

Name

AEG Vision

Legal name

Acuity EyeCare Holdings, LLC

Website

https://aegvision.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

AEG Vision is a Dallas-based, Riata Capital Group-backed roll-up platform that acquires and operates 500+ independent optometry practices across 30+ U.S. states, providing full-scope clinical eye care and retail dispensary services through a centralized Common Platform that preserves local practice brands.

Ownership category

akta.pro rank

Product category

Optometry Practice Management and Eye Care Services

NAICS

Offices of Optometrists (62132), Offices of Optometrists (621320), Optical Goods Retailers (45613), Optical Goods Retailers (456130)

SIC

Ophthalmic Goods (3851)

akta.pro primary industry

Optometry Clinics (Primary Eye Care) (HLAKAKAB)

Keywords

• Optometry practice management
• Eye care services
• Medical optometric care
• Optical retail dispensaries
• Practice transition partnerships

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Optometry Services Revenue: Revenue generated from providing full-scope optometric services including comprehensive eye exams, medical eye care, and specialty services across their network of owned practices.
2. Retail Dispensary (Eyewear Sales): Revenue from sale of eyeglasses, contact lenses, and related optical products through practice dispensaries.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

AEG Vision acquires independent optometry practices and operates them under a common platform that preserves local brand identity. It sells full-scope optometric services (comprehensive exams, medical eyecare, specialty contact lens fittings, dry eye treatment) and optical retail products (eyeglasses, contact lenses) to patients through 500+ owned practices across 30+ U.S. states. To independent practice owners, it offers practice transition partnerships, centralized operational support, professional development, and marketing/branding resources.

Product overview

AEG Vision is a rapidly growing community of wholly owned optometry practices that delivers full-scope optometric services coupled with a well-run retail dispensary. The company operates as a network of 500+ practices across 30+ states under the 'Common Platform' model, which maintains local practice identities while providing centralized operational support. The platform includes a patient engagement digital platform for lifecycle management, a business intelligence dashboard for performance metrics, and EHR systems. Core services encompass practice transition support, operational efficiency optimization, professional development, marketing support, access to advanced eye care technology, and full-scope medical eyecare including specialty dry eye treatment services. The company serves over 3 million patients annually through more than 5,000 optometrists and associates.

Differentiator

Problem solved

Functional benefit

Products and services

• Practice Transition Partnership Partnership-based ownership transition process that allows independent eye care professionals to sell their practice while maintaining involvement and clinical focus on patient care. Includes buyout structuring for retiring owners and continued-involvement terms for owners who stay.
• Full-Scope Medical Eyecare Comprehensive optometric services including routine eye exams, primary medical eyecare, ocular surface disease treatment, dry eye workups, meibomian gland disease management, and specialty contact lens services delivered to patients at owned practices.
• Dry Eye Treatment Services Specialty dry eye workup and treatment including tear functional analysis, LipiFlow treatment, intense pulsed light (IPL) treatments, dry-eye-specific omega-3 supplements, warm compress masks, and prescription drops such as MeiboRx, cyclosporine, and lifitegrast. Delivered to patients at owned optometry practices.
• Optical Retail Dispensary Retail sale of eyeglasses, contact lenses, and related optical products through dispensaries located within each owned optometry practice. Operated under the merchandising leadership of the Chief Merchandising Officer.
• Centralized Operational Support Services Centralized business support functions including inventory management, patient scheduling, billing, and administrative operations provided to acquired practices to drive down costs and enhance operational capability.
• Professional Development Programs Continuing education, advanced training, and peer mentoring opportunities for optometrists and staff through the OD Education Committee, OD Community, and Optometric Leadership Advisory Council.
• Marketing and Branding Support Centralized marketing and branding efforts to elevate practice presence in local communities, attract patient bases, and solidify reputation in each practice's market.

Quantifiable outcome

• 500+ practices and 3 million+ patients served annually, growing by 70+ practices per year
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Clarkson Eyecare: Mid-size optometry group practice and acquisition platform offering full-scope eyecare across multiple U.S. states. Comparable in services offered and consolidator profile to AEG Vision.
• EyeCare Partners: Large PE-backed optometry and ophthalmology practice consolidator operating hundreds of locations across the U.S. Closest comparable to AEG Vision in business model, scale, PE sponsorship, and acquisition-driven growth strategy.
• MyEyeDr. PE-backed optical care provider with hundreds of optometry practices offering exams, eyewear, and contact lenses. Directly comparable to AEG Vision in retail-optometry consolidation model and patient-facing service mix.
• Keplr Vision: Optometry-focused practice management company that acquires and partners with independent eyecare practices. Same acquisition-led growth playbook and target seller profile as AEG Vision.
• Total Vision: PE-backed optometry platform acquiring independent practices and providing operational, marketing, and technology support. Closely mirrors AEG Vision's 'Common Platform' partnership model.

Broad incumbents

• National Vision Holdings: Public U.S. optical retailer operating America's Best, Eyeglass World, and other banners. Comparable to AEG Vision in retail dispensary and exam services, but operates a single national brand portfolio rather than a partnership/consolidator model.
• Warby Parker: Public direct-to-consumer eyewear brand with growing retail and exam footprint. Comparable on retail optical product sales; AEG Vision was ranked ahead of Warby Parker (#10) in Vision Monday's 2025 Top 10 U.S. Optical Retailers.
• EssilorLuxottica: Global eyewear and optical retail giant owning LensCrafters, Pearle Vision, Sunglass Hut, and major frame/lens brands. Comparable as a vertically integrated incumbent in optical retail, though at vastly larger scale and with a single-brand operating model.
• Visionworks: National optical retail chain offering eye exams, eyeglasses, and contact lenses. Comparable to AEG Vision's retail dispensary side and patient-facing services, though operating a single national brand.
• Shopko Optical: Multi-state optical retailer providing eye exams and eyewear across the U.S. Comparable as a regional/mid-market optical retail chain competing for similar patient demographics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AEG Vision