Updated July 31 at 9:31am

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TRANSITIONS

Nautic acquires Super Vision Holdings

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PROVIDENCE - Nautic Partners LLC, a private equity firm, announced today it has acquired vision insurance company Super Vision Holdings, Inc.

Providence-based Nautic has $2.5 billion of capital under management.

“Super Vision has an outstanding track record of growth. We are excited to be partnering [with] the entire Super Vision team and believe that the company is positioned well to textend its exceptional track record of profitable growth,” Scott Hilinski, managing director of Nautic, said in a statement.

Super Vision, based in Racho Cordova, Calif., provides insurance to some 2 million members across the country with a network of 46,000 providers.

It will continue to work as a independent plan and keep its existing management team.

This is Nautic’s 12th investment under its Nautic Partners VI, LP fund, and a continuance, the firm said, of its investment in the healthcare industry.

It also focuses on business services and manufacturing.

Nautic, Super Vision, Mergers, Acquisitions, providence, business, Rhode Island, Scott Hilinski, Nautic Partners LLC

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