KKR has agreed to purchase Nexeye from 3i Group.

Headquartered in Gorinchem, the Netherlands, Nexeye is a European provider of eye care operating under the Hans Anders Eyes + More and Direkt Optik labels. The group, its labels and its 3,500 employees together provide eye and hearing care to customers across 719 stores in the Netherlands, Belgium, Germany, Austria and Sweden. The company looks to capitalize on KKR’s sector experience, global platform and track record in the industry.

“We are excited to invest in Nexeye and to support its management team and employees in their continued ambitions to expand the company’s footprint and offer the best quality eye and hearing care at affordable prices to consumers,” comments Felix Gernburd, partner at KKR.

Jefferies LLC and UBS Investment Bank are acting as financial advisors and Kirkland & Ellis LLP is serving as legal advisor for KKR. Harris Williams and ING Corporate Finance are acting as financial advisors and Clifford Chance LLP is serving as legal advisor for 3i.