Simpson Thacher represented National Vision Holdings, Inc., a portfolio company of Kohlberg Kravis Roberts & Co. L.P., in connection with its initial public offering of common stock, which raised approximately $400 million in gross proceeds. Shares of National Vision are now listed on the NASDAQ Global Select Market under the ticker symbol “EYE.”
National Vision is one of the largest optical retail companies in the United States with 996 retail stores and 19 consumer websites as of September 30, 2017. National Vision offers a variety of products and services for customers’ eye care needs through five brands: America’s Best Contacts & Eyeglasses, Eyeglass World, Vision Centers inside select Walmart stores, and Vista Optical locations inside Fred Meyer stores and on select military bases.
The Simpson Thacher team included Joe Kaufman, Sunny Cheong, Meaghan Krupa, Seth Lowinger and Maya Reeves (Capital Markets); Marni Lerner (M&A); Jennifer Nadborny, Shari Ness and Joia Lee (Public Company Advisory Practice); David Rubinsky, Eric Wolf and Monisha Bhayana (Executive Compensation and Employee Benefits); Sophie Staples and Morgan Otway (Tax); Kal Venkatraj (Credit); and Jennie Getsin (FINRA). Associates Jo Djekovic, Brenda Hwang and Clark Warthen also provided valuable assistance.