September 22, 2017 2:36 AM ET

Specialty Retail

Company Overview of HVHC Inc.

Company Overview

HVHC Inc., through its subsidiaries, owns and operates optical retail stores. The company was incorporated in 1996 and is based in Camp Hill, Pennsylvania. HVHC Inc. operates as a subsidiary of Highmark Blue Cross Blue Shield.

1800 Center Street

Camp Hill, PA 17089

United States

Founded in 1996

Phone:

412-544-7526

Key Executives for HVHC Inc.

Chief Executive Officer
Age: 60
Chief Financial Officer, Executive Vice President, and Treasurer
Age: 59
Chief Information Officer
Senior Vice President of Human Resources Shared Services
Vice President of Talent Management
Compensation as of Fiscal Year 2017.

HVHC Inc. Key Developments

Jim Eisen to Step Down from HVHC Inc. as CEO

Centerbridge Partners, L.P. (Centerbridge) and HVHC Inc. (HVHC) announced that they reached a definitive agreement, whereby Centerbridge will purchase Davis Vision Inc. (Davis Vision), HVHC's managed vision care subsidiary. As part of the agreement, Davis Vision will be combined with Centerbridge's existing managed vision care portfolio company, Superior Vision, and Highmark will acquire a minority ownership interest in the combined Davis Vision-Superior Vision company. Jim Eisen, who has been with Visionworks/HVHC for the last nine years and served a three-year tenure as CEO of HVHC, has decided to step down in connection with the transaction.

Highmark Reportedly Seeks Sale Of Vision Unit

Highmark Health is seeking to sell its subsidiary HVHC Inc. The sale of Highmark vision could bring in $2 billion in revenue. CapM has contacted viable buyers during the past several months.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 9, 2017
100% stake in Davis Vision Incorporated And Minority Stake in Visionworks, Inc.
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