AEA Investors to buy majority of 1-800 Contacts

AEA Investors LP said Wednesday that it has agreed to buy a majority of 1-800 Contacts Inc. from Thomas H. Lee Partners, L.P. Financial terms weren’t announced. THL will remain an investor in the company. Credit Suisse and Barclays, as well as an affiliate of the Merchant Banking Division of Goldman Sachs, are providing debt financing. 1-800 Contacts is the largest retailer of contact lenses in the United States. Credit Suisse and Barclays advised AEA while CapM Advisors provided financial advice to THL/1-800 Contacts.

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