I NEED YOU The Frame Company has been acquired by The Hilsinger Company
November 2020 — The owners of I NEED YOU The Frame Company GmbH have sold the company to The Hilsinger Company Inc.
I NEED YOU is a small-sized designer of reading and sunglasses. The products are designed in Hamburg but produced in Asia by independent factories. The company mainly sells its glasses under its own brand, but also some under private label through numerous local opticians and optician chains. With the cost of glasses ranging between US$15 and US$100, I NEED YOU focuses on its flashy designs and is considered a niche player between low-priced reading glasses and high-end designer products.
Founded in 1981 and headquartered in the USA, The Hilsinger Company, dba Hilco Vision, is an industry-leading global eyewear and eye care company that delivers comprehensive solutions to customers. With subsidiaries in New Zealand, Mexico, Great Britain, Germany, Australia, China and the Netherlands, the company’s product range covers five categories: workshop equipment, ophthalmic devices and accessories, eye protection, consumables and eyeglass care products.
Our role in the transaction
Oaklins’ team in Germany advised the private shareholders throughout the sale process.
Talk to the deal team
Related deals
Rustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn more