Inspecs Group plc Acquires Eschenbach Holding GmbH from Equistone

EssilorLuxottica Acquires Optical Investment Group (Romania)

July 30, 2024

Retail

EssilorLuxottica has agreed to acquire the entire share capital of Optical Investment Group (OIG), Romania’s leading optical retailer, from Innova/6 (an Innova Capital fund) and a group of individual minority shareholders. OIG operates 99 stores under the OPTIblu, Optiplaza and O51 banners, with over 650 employees; the transaction is expected to close in Q4 2024 subject to regulatory approvals.

Headwall Photonics Acquires inno-spec GmbH

January 23, 2024

Manufacturing

Headwall Photonics, a Bolton, Massachusetts-based portfolio company of Arsenal Capital Partners, has acquired inno-spec GmbH of Nuremberg, Germany. The add-on expands Headwall's industrial hyperspectral imaging capabilities for high-volume recycling, industrial sorting and quality-testing applications and aims to integrate inno-spec's industrial solutions with Headwall's optical components and remote-sensing technologies.

Gentex Corporation Acquires eSight

January 7, 2024

Medical Devices

Gentex Corporation announced an asset acquisition of eSight to develop and manufacture next-generation mobile electronic eyewear for people with visual impairments. Gentex said it will leverage its digital vision, software and manufacturing expertise to advance eSight technology and feature the next-gen devices at CES 2024.

1847 Holdings Acquires ICU Eyewear Holdings Inc.

February 13, 2023

Consumer Products

1847 Holdings LLC (NYSE American: EFSH) completed the acquisition of ICU Eyewear Holdings Inc., a designer and supplier of OTC reading glasses, sunglasses and specialty eyewear headquartered in Hollister, California. Total consideration was $4.5 million (approximately $4.0M cash plus $0.5M unsecured subordinated promissory notes); 1847 also closed ~$2.8M of unsecured debt financing with two institutional investors to support growth.

Rodenstock (Apax-backed) Acquires Indo from Ergon Capital Partners

May 19, 2022

Medical Devices

Rodenstock Group, a portfolio company of Apax Partners, has agreed to acquire the majority stake in Indo from Ergon Capital Partners III SA; minority investors Sherpa Capital and Oquendo Capital are also selling their stakes while Indo's management will reinvest in the combined group. Indo, a leading Spanish manufacturer of ophthalmic lenses and distributor of optical equipment with ~440 employees and production plants in Barcelona and Tangier, will join Rodenstock subject to antitrust clearance.

Apax Funds to acquire Rodenstock Group

March 24, 2021

Medical Devices

Funds advised by Apax have agreed to acquire Rodenstock Group, the Munich-based manufacturer of premium ophthalmic lenses, from Compass Partners. Rodenstock employs ~4,900 people across more than 85 countries; Apax said it will back management to accelerate growth through innovation, commercial execution and digitisation. The transaction is subject to regulatory approvals and financial terms were not disclosed.