M&A Deal Summary

Safilo Group Acquires Prive Revaux

On February 10, 2020, Safilo Group acquired apparel/textiles company Prive Revaux from TSG Consumer Partners

Acquisition Highlights
  • This is Safilo Group’s 1st transaction in the Apparel/Textiles sector.
  • This is Safilo Group’s 2nd transaction in the United States.
  • This is Safilo Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2020-02-10
Target Prive Revaux
Sector Apparel/Textiles
Buyer(s) Safilo Group
Sellers(s) TSG Consumer Partners
Deal Type Add-on Acquisition

Target

Prive Revaux

Miami, Florida, United States
Privé Revaux Eyewear was established to disrupt the eyewear market as a purveyor of quality goods at a great value. It was built on a shared passion for style and quality from serial entrepreneur David Schottenstein along with an elite team including celebrity visionaries Jamie Foxx, Hailee Steinfeld and Ashley Benson as well as VP of Celebrity Relations Dave Osokow and Creative Directors Rob Zangardi and Mariel Haenn. With more than 100 hand-crafted and polarized designer frames for $29.95, everyone can be anyone. Each style is named to evoke a personality, from The Artist and The Socialite to The Boss and The Godfather.

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Buyer(S) 1

Buyer

Safilo Group

Padua, Italy

Category Company
Founded 1878
Sector Apparel/Textiles
Employees3,828
Revenue 1.0B EUR (2023)
DESCRIPTION

Safilo Group is a fully integrated Italian eyewear creator and worldwide distributor of quality and trust, leader in the premium sector for sunglasses, optical frames and sports eyewear. Design inspired and brand driven, Safilo translates extraordinary design into excellent products created thanks to a superior craftsmanship expertise. Safilo’s portfolio encompasses proprietary brands – Carrera, Polaroid, Smith, Safilo and Oxydo – and licensed brands Dior, Fendi, Gucci, Banana Republic, Bobbi Brown, BOSS, BOSS Orange, Céline, Fossil, Givenchy, J.Lo by Jennifer Lopez, Jack Spade, Jimmy Choo, Juicy Couture, Kate Spade, Liz Claiborne, Marc Jacobs, Marc by Marc Jacobs, Max Mara, Max&Co., Pierre Cardin, Saks Fifth Avenue and Tommy Hilfiger. Safilo Group was founded in 1878 and is based in Padua, Italy.


DEAL STATS #
Overall 5 of 5
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-09 Blenders Eyewear

San Diego, California, United States

Blenders Eyewear LLC produces a wide range of men’s and women’s sunglasses and snow goggles. Blenders Eyewear was founded in 2012 and is based in San Diego, California.

Buy -

Seller(S) 1

SELLER

TSG Consumer Partners

Stamford, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 9.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

TSG Consumer Partners (formerly known as The Shansby Group) is a specialist private equity firm focused on acquiring and building mid-sized, branded consumer companies. TSG invests in private and publicly traded companies, and will consider both majority and minority equity positions. Specific sectors of interest include apparel, beauty, e-commerce, personal care, retail, food/beverages, restaurants, health/wellness, household products, and pet care. TSG looks for companies with sales between $20 million and $1.5 billion and can invest commit up to $500 million per transaction. TSG Consumer Partners was formed in 1987 and is based in San Francisco, California.


DEAL STATS #
Overall 33 of 40
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 25 of 31
State (Florida) 1 of 2
Country (United States) 32 of 38
Year (2020) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-22 JHCC

Pike Road, Alabama, United States

JHCC provides auto body collision repair services. JHCC offers customers free and accurate computerized estimates, along with quality, guaranteed repair work utilizing I-CAR certified technicians. JHCC delivers its services while providing real-time information through its repair tracking system, enabling customers to monitor the status of their repairs. JHCC was founded in 1989 and is based in Pike Road, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-01 Hempz

Dallas, Texas, United States

Hempz specialises in hair care and bodycare products made from natural hemp seed oil, offering a range of lotions, shampoos, and conditioners. Hempz was founded in 1998 and is based in Dallas, Texas.

Buy -