Connect with us

Headlines

Protective-Eyewear Maker Acquired by Private Equity Firm

The transaction includes the sale of the Essex, VT, manufacturing operation and the protective eyewear product line.

mm

Published

on

Protective-Eyewear Maker Acquired by Private Equity Firm
Revision’s products include these Shadowstrike sunglasses, described as “elite anti-fog ballistic sunglasses built from the ground up to U.S. military protection standards.

MONTREAL — Revision, a maker of protective equipment for military and tactical forces, has sold its eyewear business to ASGARD Partners & Co., a private investment firm based in New York.

Financial terms of the deal were not disclosed.

The transaction includes the sale of the Essex, VT, manufacturing operation and the protective eyewear product line, along with the Revision trademark and branding.  The newly separated Revision eyewear business will continue day-to-day operations with the legacy management and manufacturing team in Essex.

“This divestiture supports our strategy to sharpen our portfolio and fund expanded capabilities and growth initiatives around enhanced warfighter survivability and lethality,” said Revision CEO, Jonathan Blanshay.

He added: “Revision eyewear has become the world-wide leader in military eye protection, and is a valuable and recognized industry brand.

Advertisement

“As a stand-alone business with the support and direction of ASGARD Partners & Co., Revision eyewear will be in a better position to pursue strategic growth opportunities.”

Blanshay said his company will soon relaunch with a new name.

Since launching in 2014, INVISION has won 23 international journalism awards for its publication and website. Contact INVISION's editors at [email protected].

SPONSORED VIDEO

Sponsored by Shamir

Customer Focused, Service Oriented, Forward Thinking

for life improvement, fashion, performance sports, occupational single vision, and progressive lenses. Our values, the driving force behind our ideas and actions, keep the ECP in the center. Every Shamir representative is personally committed to our customers’ vision, and to providing the best service and support to meet and exceed their expectations, all with a personal touch.

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Most Popular