IZIPIZI lbo with TOWERBROOK

The reference global eyewear brand, welcomes TowerBrook Capital Partners as a minority shareholder to accelerate its development and international expansion.

LBO 2022, July

E-commerce & retail

“They truly share our values, and with their extensive investment track record and global network, they have convinced us to be the right partner to help IZIPIZI accelerate its growth and achieve its ambition of becoming the reference eyewear brand globally. We are also very happy and proud to build a partnership with the first mainstream private equity firm to be certified as a B Corp. We would like to thank gratefully Jean-Pierre Guichard, founder of Manutan, and its family office MouvemenT & Finance, for their trust and all the experience and kindness brought to IZIPIZI since their investment in 2012.”

Xavier Aguera, Charles Brun and Quentin Couturier, co-founders of IZIPIZI

Founded in 2010 by three childhood friends, Xavier Aguera, Charles Brun and Quentin Couturier, and based in Paris, IZIPIZI has grown to become a reference global eyewear brand, offering a large range of fashionable glasses, combining style and quality at attractive prices. In 12 years, the brand has diversified its product range beyond iconic reading glasses, with the addition of sunglasses, screen, kids and sports ones.

IZIPIZI is now widely recognised as a premium and “happy” brand, distributing their glasses worldwide for everyone and every occasion. IZIPIZI has been showing strong growth over the years thanks to its global reach and multichannel distribution strategy, notably through a broad wholesale network of 7,000 points of sale which includes select concept and fashion stores, designer opticians and department stores, but also through the development of its own D2C online and retail distribution notably in Paris, Brussels and London.

TowerBrook would draw on its resources and deep sector expertise to help IZIPIZI achieve its ambition to anchor the brand as a major eyewear player globally, by accelerating its development and awareness in international markets, including key countries such as the United States where the company intends to install a local HQ.