M&A Deal Summary

Consolidated Vision Group Acquires America s Best Contacts & Eyeglasses

On April 29, 1997, Consolidated Vision Group acquired retailer America s Best Contacts & Eyeglasses from Windjammer Capital

Acquisition Highlights
  • This is Consolidated Vision Group’s 1st transaction in the Retail sector.
  • This is Consolidated Vision Group’s 1st transaction in the United States.
  • This is Consolidated Vision Group’s 1st transaction in Georgia.

M&A Deal Summary
Date 1997-04-29
Target America s Best Contacts & Eyeglasses
Sector Retail
Buyer(s) Consolidated Vision Group
Sellers(s) Windjammer Capital
Deal Type Add-on Acquisition

Target

America s Best Contacts & Eyeglasses

Lawrenceville, Georgia, United States
America's Best Contacts & Eyeglasses, Inc. is a discount retailer of contact lenses, eyeglasses and related supplies with more than 80 stores in 17 states.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Consolidated Vision Group

Lawrenceville, Georgia, United States
Category Company
Sector Retail
DESCRIPTION

Consolidated Vision Group, Inc. is a retailer of eye wear products.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (1997) 1 of 1

Seller(S) 1

SELLER

Windjammer Capital

Newport Beach, California, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1990
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Windjammer Capital Investors is a private investment firm that invests control equity, minority equity, and/or subordinated debt in growing middle-market businesses. The Firm seeks to invest between $50 and $200 million of equity or subordinated debt in companies that generate at least $8 million of EBITDA. Windjammer focuses on North American-based opportunities and prefers companies with scalable business models, differentiated products/services, and that operate in defensible markets. Broad sectors of interest include manufacturing, business services and value-added distribution. Windjammer does not invest in high technology, real estate, and financial services companies. Windjammer Capital Investors was formed in 1990 and has offices in Waltham, Massachusetts and Newport Beach, California.

DEAL STATS #
Overall 2 of 26
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 10
State (Georgia) 1 of 1
Country (United States) 2 of 26
Year (1997) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-11-07 Smarte Carte

St. Paul, Minnesota, United States

Smarte Carte is a provider of baggage cart, locker and stroller services operating in airports, train stations, bus terminals, shopping centers and entertainment facilities around the world. Smarte Carte was founded in 1967 and is based in St. Paul, Minnesota.

Sell $114M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-01 Applause Holdings

Woodland Hills, California, United States

Applause Holdings Corp. is a designer, developer, and marketer of toys and gifts, including plush characters and animals, figurines, coffee mugs, key chains and pens/pencils primarily for the specialty retail/gift channel. Applause Holdings Corp. is headquartered in Woodland Hills, California.

Buy -
Mergr

Product

Company

Legal