Revant Optics Led by Bell Lap Advisors in Acquisition by Nolk

Date

September, 2023

Client

Revant Optics

Service

Sell-Side M&A Advisory

Buyer

Nolk

Eyewear, eCommerce, DTC

Revant Optics, a Portland, Oregon-based eyewear company was acquired by Nolk Enterprise. Revant was led in the sale by Bell Lap Advisors.

Revant Optics was founded by Jason Bolt in 2010. Revant addresses the waste created when eyeglass and sunglass lenses are broken or no longer meet user’s prescription needs. Often, consumers get an entirely new set of glasses or sunglasses, wasting the frames that are frequently still in good shape. Revant tackles this problem by producing replacement lenses for prescription glass frames and sunglass frames.

In discussing the transaction, Revant Founder and CEO Jason Bolt said, “This exciting opportunity to join Nolk is driven by a profound alignment of values, particularly in the realm of sustainability, where both Revant and Nolk share a deep commitment. What truly excites me about this collaboration is Nolk's emphasis on utilizing data to create an unparalleled customer experience with their friendly environment for entrepreneurs and vast resources. Together, we will continue to revolutionize the eyewear market while making a lasting positive impact on our planet."

Nolk Enterprise is a Quebec-based portfolio of direct to consumer brands focused on using data to enhance growth and profitability. Nolk was founded in 2018, and owns brands such as Rose Buddha, ergonofis, Opposite Wall, Kana, Rachel, Wolf & Grizzly, Loctote, and Freakmount, among others. Nolk is a certified B Corp focused on sustainability.

Bend, Oregon-based Bell Lap Advisors, which represented Revant Optics in the transaction, is a leading M&A Advisor focused exclusively on outdoor recreation and active lifestyle industries, and is the most active M&A advisor for these industries in North America.

If you have questions about the current M&A climate or would like to know if your business could benefit from a transaction, please contact us for a no-obligation consultation.