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 Type | Deal Status | Target (s) | Deal Date | Investor(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 Sale | Completed | Eyebobs | - | ||||||||
| Growth | Completed | Eyebobs | - |
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