Announced
Financials
Sources
Tags
Single Bidder
eyewear supplier
Friendly
Clothing and Accessories
France
eyewear manufacturer
Private
Cross Border
Acquisition
Majority
Pending
Private Equity
Synopsis
Groupe HLD, an investment company, to acquire a majority stake in Jimmy Fairly, a French premium eyewear brand, from Experienced Capital, an operational investment fund. Financial terms are not disclosed. "We are delighted to have the opportunity to back Jimmy Fairly, a brand with an outstanding track record, and to support the development project led by Antonin, Sacha and their team. We are convinced that the company is ideally positioned to establish itself as a leading affordable luxury eyewear brand, not only in France but also abroad," Jean-Bernard Lafonta, HLD Partner and Co-Founder.
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