.
MergerLinks Header Logo

New Deal


Announced

Completed

KKR completed the acquisition of 1-800 Contacts from AEA Investors and Thomas H Lee Partners for $3.2bn.

Financials

Edit Data
Transaction Value£2,358m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales24x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

contact lenses

Domestic

Specialty Retailers

Private

Private Equity

Friendly

Majority

Single Bidder

optical retailer

Acquisition

United States

Completed

Synopsis

Edit

KKR completed the acquisition of 1-800 Contacts, a retailer of contact lenses, from AEA Investors, a private equity firm, and Thomas H Lee Partners for $3.2bn. "1-800 Contacts was founded 25 years ago to offer consumers a better way to buy contact lenses. Since the very beginning, we've kept the customer at the center of everything we do. It's gratifying that KKR sees such incredible value in our brand and that they will continue to support us in doing what we do best – delivering the best vision care to consumers with the highest quality customer service." John Graham, 1-800 Contacts CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US