Divestiture • Consumer Products

1847 Holdings Exits Icu Eyewear

On August 13, 2024, Modo invested in consumer products company Icu Eyewear from 1847 Holdings

Investment Context
  • This is Modo’s 1st transaction in the Consumer Products sector.
  • This is Modo’s 1st transaction in the United States.
  • This is Modo’s 1st transaction in California.

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Investment Summary

Date August 13, 2024
Target Icu Eyewear
Sector Consumer Products
Investor(s) Modo
Sellers(s) 1847 Holdings
Deal Type Divestiture

Target Company

Icu Eyewear

Hollister, California, United States
Icu Eyewear is a designer and marketer of reading glasses, sunglasses and specialty eyewear. Icu Eyewear was founded in 1997 and is based in Hollister, California.
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Investor Overview 1

Investor

Modo

Milan, Italy

Category Company
Founded 1990
Sector Consumer Products
DESCRIPTION

Modo designs, manufactures, and distributes a successful portfolio of house, designer, and contemporary lifestyle brands. Modo was founded in 1990 and is based in Milan, Italy.


Deal Context for Investor #
Overall 1 of 1
Sector: Consumer Products 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1

Seller Profile 1

SELLER

1847 Holdings

New York, New York, United States

Category Company
Founded 2013
Sector Diversified
DESCRIPTION

1847 Holdings is an acquisition holding company focused on acquiring and managing a group of small businesses. 1847 Holdings is based in New York, New York.


Deal Context for Seller #
Overall 1 of 1
Sector: Consumer Products 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-08 Icu Eyewear

Hollister, California, United States

Icu Eyewear is a designer and marketer of reading glasses, sunglasses and specialty eyewear. Icu Eyewear was founded in 1997 and is based in Hollister, California.

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