Lawyer Monthly - August 2024

Transaction Report

About the Deal Wolf Eyewear acquires White Optics creating one of the UK’s most prominent independent eyewear suppliers.

Wolf Eyewear Acquires

Wolf Eyewear is a family run eyewear designer, known for

their colourful frames producing five different ranges for all ages. Their products are sold mainly in the UK but through distribution outlets they also sell in the US, Italy, Australia and New Zealand. White Optics are based in Peterlee, County Durham and the acquisition was backed by debt funding from Frontier Development Capital (FDC) to allow both companies to offer bulk products at a wide range of prices to suit every budget. They will continue to operate as two separate companies under their existing brands. Wolf Eyewear had legal advice throughout their acquisition from Greenwoods Legal LLP, a law firm based in London, Cambridge and Peterborough. The legal team consisted of Stephen Jarvis, Francesca Jus Burke and Isobel Ryan-Dalton. They worked on negotiating the share purchase agreement and ancillary documentation whilst also maintaining Wolf’s relationship with the sellers and FDC. Francesca Jus-Burke, Greenwoods’ Managing Associate advising on the deal said: “The acquisition was an important step in the growth of the Wolf Eyewear brand, and I am pleased to have supported and assisted them on this journey.” Stephen Jarvis, Partner and Head of Greenwoods’ Corporate & Commercial team, said: “Successfully closing this deal was truly a team effort, showing the dedication, collaboration and expertise of everyone involved.”

White Optics

Legal Advisor to Wolf Eyewear:

www.greenwoods.co.uk

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TRANSACTION REPORTS