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New Deal


Announced

Completed

KKR completed the $95m investment in Lenskart.

Financials

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Transaction Value£67m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Single Bidder

Specialty Retailers

optical retailer

optical glasses

India

Cross Border

Minority

Friendly

Private Equity

Completed

Synopsis

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KKR completed the $95m investment in Lenskart, an omni-channel eyewear retailer in India. Investment firms TPG Growth and TR Capital will divest part of their stakes as part of the deal. "As a technology-driven business, Lenskart is a strong, homegrown disruptor in India’s rapidly expanding eyewear industry. We are truly excited to work with Peyush and Lenskart’s impressive management team to support Lenskart’s growth and innovation in India and internationally, in addition to advancing its mission to provide affordable, accessible eyewear products for everyone," Gaurav Trehan, KKR Partner.

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