[January 31, 2019] |
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Navidar Advises One Click Ventures on Its Sale to FGX International
One Click Ventures, a leading online retailer of non-prescription
reading glasses, sunglasses, and prescription glasses, announces it has
been acquired by FGX International, a leading designer and marketer of
non-prescription reading glasses, optical frames, and sunglasses.
"Our team is thrilled to partner with FGX International," said Randy
Stocklin, CEO and Co-Founder of One Click. "The combination of FGX
International's purchasing scale, sourcing capabilities, and resources -
together with the team and brands we have built at One Click - will
allow us to accelerate the progress on our mission of building the
world's most people-focused eyewear company. This partnership is a huge
win-win for our dedicated team members and customers, and I couldn't be
more grateful to each of them."
The acquisition closed in the third quarter of 2018. One Click will
maintain its existing Greenwood headquarters and will continue to
operate as a standalone business while leveraging FGX International's
resources to continue driving its growth. One Clik's CEO Randy Stocklin
will continue to lead the company.
"We couldn't be more excited to welcome One Click to the FGX
International family," said Anthony Di Paola, CEO of FGX International.
"The One Click team brings a wealth of experience in connecting with
consumers digitally, which will further strengthen our expertise in
deeply understanding the shopping journey and expectations of eyewear
consumers. With their impressive track record of growth, we look forward
to the One Click team improving consumers' access to vision solutions."
About Navidar
Navidar Holdco LLC, with a presence in Austin, Atlanta, Cleveland,
Dallas, Denver, Indianapolis, Minneapolis and San Antonio, is an
investment banking firm that provides strategic merger and acquisition
advice, capital raising solutions and corporate advisory services to
businesses and investors in dynamic industries. The firm focuses on SaaS (News - Alert)
software, eCommerce & Internet, information technology services,
specialty manufacturing, and health care information technology
companies. Navidar principals have completed more than 300 transactions
representing transaction volume of nearly $70 billion in M&A and capital
raising, for both private and public companies, over the past 20 years.
Navidar Group LLC, a wholly owned subsidiary, is a broker-dealer that is
registered with FINRA and SIPC. To learn more about Navidar, please
visit www.navidar.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190131005693/en/
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