KKR’s Acquisition of 1-800 Contacts


Simpson Thacher represented affiliates of KKR in the transaction.

Affiliates of KKR entered into an agreement to acquire 1-800 Contacts, the largest retailer of contact lenses in the U.S. The transaction is subject to customary closing conditions and financial terms of the transaction were not disclosed.

KKR is making the investment through its Core Investments strategy, which represents capital targeting longer-term opportunities.

1-800 Contacts is a pioneering direct-to-consumer brand and is the largest seller of contact lenses in the U.S., serving more than 20 million customers for the last 25 years. The growing portfolio of innovative 1-800 Contacts brands includes Liingo Eyewear, 6over6, Boomerang and Premium Vision.

The Simpson Thacher team included Marni Lerner (Picture), Mark Viera, Brendan Montgomery and Jule Walsh (M&A); Adam Shapiro and Ed Bersuder (Banking & Credit); Ryan Bekkerus (Capital Markets); Tristan Brown and Alyssa Ohanian (Executive Compensation and Employee Benefits); Nancy Mehlman and Sarah Katz (Tax); Lori Lesser, Jeff Ostrow and Amber Harezlak (Intellectual Property); Krista McManus (Real Estate); Adeeb Fadil and Noreen Lavan (Environmental); and Sara Razi, Kelly Karapetyan and Nick Ingros (Antitrust).

Involved fees earner: Ryan Bekkerus – Simpson Thacher & Bartlett; Edward Bersuder – Simpson Thacher & Bartlett; Tristan Brown – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Amber Harezlak – Simpson Thacher & Bartlett; Nicholas Ingros – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett; Noreen Lavan – Simpson Thacher & Bartlett; Marni Lerner – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Nancy Mehlman – Simpson Thacher & Bartlett; Brendan Montgomery – Simpson Thacher & Bartlett; Alyssa Ohanian – Simpson Thacher & Bartlett; Jeffrey Ostrow – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; Adam Shapiro – Simpson Thacher & Bartlett; Mark Viera – Simpson Thacher & Bartlett; Jule Walsh – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: KKR;

Author: Ambrogio Visconti