Safilo Group Acquires 61.34% of Privé Revaux from TSG Consumer Partners
February 10, 2020
Safilo Group has acquired a 61.34% equity interest in Miami-based Privé Revaux (Prive Goods, LLC) for USD 67.5 million, in a simultaneous signing and closing. The deal sees private equity firm TSG Consumer Partners exit its stake; founder David Schottenstein retains ~15.5% and Privé Revaux will continue to operate from its Miami headquarters as Safilo aims to expand its brand portfolio, direct-to-consumer capabilities and global reach.
- Buyers
- Safilo Group
- Targets
- Privé Revaux
- Sellers
- TSG Consumer Partners
- Industry
- Consumer Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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