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Established
2009
Location
Paris, -, France
Primary Industry
Consumer Products
About
Happyview. fr specializes in providing a comprehensive range of optical solutions, including eyewear and hearing aids, designed to enhance personal visual and auditory experiences. Founded in 2009 and headquartered in Paris, France, Happyview. fr operates under the optical and hearing aid sectors.
In October 2016, the company was acquired by Alain Afflelou from M6, with financial terms undisclosed. Since its inception, the company has engaged in five notable deals, with the most recent deal occurring on October 3, 2016. The business strategy has remained consistent without mentioned pivots or changes in operations. The firm operates as a subsidiary of Alain Afflelou, benefiting from the parent company's established market presence.
The latest funding round, termed Growth, raised EUR 3. 00 mn, which is also the total amount raised to date. Happyview. fr offers a diverse portfolio of optical products, including prescription eyewear, sunglasses, and hearing aids.
Their offerings are tailored to meet the needs of individuals with varying degrees of visual and auditory impairments. Notably, the company provides customized eyewear solutions, allowing customers to express their personal style through interchangeable clips. Additionally, services such as virtual fittings and consultations with ophthalmologists enhance customer accessibility and experience, targeting individual consumers in multiple markets, including France, Belgium, Switzerland, Portugal, and Morocco. In the most recent fiscal year, Happyview.
fr reported a total revenue of EUR 4,880,598. 70 and an EBITDA loss of EUR 926,606. 60. The firm generates revenue through direct-to-consumer sales in retail locations and online, offering products like prescription glasses and hearing aids, often bundled with value-added services, including free eye tests and audiological consultations.
Their pricing structures are designed to accommodate various budgets, reflecting the quality and innovation of their products. Happyview. fr aims to expand its product offerings and geographic presence in the coming years. The company is focused on launching new eyewear designs, although specific release dates are not disclosed.
Targeted market expansions are planned, particularly in regions such as Belgium and Switzerland, by the end of 2024. The recent funding of EUR 3. 00 mn will be utilized to support these initiatives and enhance digital marketing efforts, fostering growth in both existing and new markets.
Alain Afflelou Franchiseur SASU, Alven
Consumer Products
Accessories, Optometrists & Opticians Products and Services
www.happyview.fr
E-commerce
Add-on
| 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 | Completed | Happyview.fr | - |
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