Reuters reported that the pair are through the first round of the acution process for the company, which is backed by fellow private equity firm Berkshire Partners.
Berkshire Partners acquired National Vision for a $190m in 2005, delisting the company through a deal that included a $153m debt package. The firm has completed a $300m recapitalisation in 2012, the report said, paying itself $117m dividend. This followed an $88m dividend recap in 2010.
Berkshire Partners closed its most recent mid-market fund back in 2011, raising $4.5bn.
Copyright © 2013 AltAssets