Eyebobs

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Eyebobs - overview

Established

2001

Location

Minneapolis, MN, US

Primary Industry

Consumer Products

About

Eyebobs is a Minneapolis-based company that specializes in stylish reading and blue light glasses, offering a diverse range of eyewear solutions for both men and women. Founded in 2001 in Minneapolis, US, Eyebobs focuses on providing designer eyewear. The company was acquired in April 2023 by Europa Eyewear from Norwest Equity Partners for an undisclosed amount. The CEO is Mike Hollenstein.


Eyebobs specializes in designer reading and blue light glasses, featuring a wide array of products including reading glasses, blue light glasses, prescription eyewear, and sunglasses. Their offerings cater to diverse style preferences and functional needs, appealing to customers who prioritize both aesthetics and comfort for activities such as reading and digital engagement. Eyebobs generates revenue primarily through direct-to-consumer sales via their e-commerce platform, allowing customers to buy various eyewear products including progressive readers and prescription sunglasses directly online. The company has a straightforward transaction structure, and also utilizes promotional codes to enhance sales during limited-time offers.


Following the acquisition in April 2023, Eyebobs plans to leverage its design capabilities and B2B and B2C models to support growth. Details on specific upcoming product launches have not been disclosed, but the company aims to expand its market presence, focusing on new geographic regions. The recent acquisition will facilitate these initiatives by enhancing their product offerings and operational efficiencies.


Current Investors

Norwest Equity Partners

Primary Industry

Consumer Products

Sub Industries

Accessories

Website

www.eyebobs.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Eyebobs - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedEyebobs-
GrowthCompletedEyebobs-

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