Announced
Completed
Financials
Tags
contact lenses
Domestic
Specialty Retailers
Private
Private Equity
Friendly
Majority
Single Bidder
optical retailer
Acquisition
United States
Completed
Synopsis
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.