Announced
Synopsis
Private equity firms ASGARD Partners and Merit Capital Partners agreed to acquire the eyewear business of Revision Military, the world leader in protective eyewear solutions for military and tactical use. Financial terms were not disclosed. "Revision has long been an industry leader in protective eyewear solutions, saving the lives and eyesight of millions of servicemen and women around the globe. We are excited to work with the passionate and talented Revision team to pursue growth in new markets and develop the next-generation of eyewear technology. With a renewed focus on protective eyewear and dedicated capital resources, we believe Revision is well-positioned for growth in the years to come," Karan Rai, Founder and Managing Partner of ASGARD.
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