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New Deal


Announced

Completed

Prysm Capital led a $75m Series C round in Pair Eyewear.

Financials

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Transaction Value£61m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

optical glasses

sunglasses

Clothing and Accessories

Acquisition

Minority

Private Equity

Private

Completed

Venture Capital

Friendly

Domestic

Synopsis

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Prysm Capital, a private equity firm, led a $75m Series C round in Pair Eyewear, a customizable eyewear brand, with participation from New Enterprise Associates, Javelin Venture Partners and Christian McCaffrey. "Nathan and I developed Pair with a unique premise of providing people globally with eyewear as dynamic as you are. We are beyond humbled by the love and support we've received from both Pair's incredible customers and investors. We plan to capitalize on Pair's brand power and innovations to continue growing with a goal of achieving household name status not only in the United States but around the world," Sophia Edelstein, Pair Eyewear Co-CEO and Co-Founder.

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