Aug 3, 2018
Schenck Price Advises in Fashion Eyewear Transaction
TSG Consumer Partners (“TSG”), a leading private equity firm focused on the branded consumer sector, acquired a significant minority stake in Privé Revaux Eyewear, the affordable fashion eyewear brand founded by David Schottenstein and endorsed by, among others, actor and comedian Jamie Foxx. Michael Marotte, co-chair of the Schenck, Price, Smith & King, LLP Corporate and Business Law Practice Group, and Ilana Pearl, Counsel, served as legal advisors to Privé Revaux in the transaction. Launched in 2017 as an e-commerce and direct-to-consumer platform providing affordable, high-quality and trendy sunglasses, the company rapidly expanded into brick-and-mortar locations, branded kiosks and pop-up shop concepts in department stores.