Europe’s leading online optician strengthens market position: Mister Spex receives 40 Million USD
- 08. Jan. 2015
Europe’s leading online optician Mister Spex concludes its largest financing to date raising 40 Million USD in a round led by US investment bank Goldman Sachs with participation from existing investors including Scottish Equity Partners (SEP), XAnge and DN Capital. Funds will be used to support the Company’s domestic and international growth plans.
“The current round of financing is the best confirmation of our consistent and successful pioneering work in a highly attractive market,” says Dirk Graber, CEO and founder of Mister Spex. “With Goldman Sachs, we have found a world class investor who shares our vision for the Company and is the ideal partner to further advance our domestic and international expansion.”
“We have been impressed by the achievements of Mister Spex. The Company’s innovative business model, strong organic growth, and high-quality management team position it well for future success. We hope to assist the company to achieve its ambitions and create value for its customers and shareholders,” says Andrew Wolff, Managing Director and Head of Goldman Sachs Merchant Banking Division (“MBD”) for Europe, Middle East, Africa and co-Head of Asia. As part of the funding round, David Reis, Executive Director and Head of Technology Investments at Goldman Sachs MBD in Europe, will join the Advisory Board of Mister Spex.
The funds will be invested to further cement the market leadership of Mister Spex in Europe. “We also want to use the money to strengthen our logistics proposition and broaden our stationary opticians partner network,” said Dirk Graber.
Mister Spex has grown rapidly since its founding in 2007 and has established itself as the European online eyewear market leader. Dr. Mirko Caspar, co-managing director of Mister Spex stated: “The combination of Europe’s largest range of immediately available eyewear at fair prices, an appealing online shop, and an exceptional all-round service package define the success of Mister Spex. We will now build on our proven business model to further advance the online shopping experience for eyewear internationally.“
Contact details for journalists:
Mister Spex Corporate Communication
press@misterspex.de
About Mister Spex:
Mister Spex is one of Germany’s leading optical retailers, distinguished by its seamless integration of online and offline presence, innovative technologies, a comprehensive product range, and exceptional customer service. Since its founding in 2007, Mister Spex has evolved from a pure online player into a successful omnichannel optician, serving over 8 million customers and four online shops across Europe as well as 65 own retail stores in Germany. Mister Spex employs over 120 highly qualified opticians who ensure top-notch optical services in their stores. As a digital native, technology and innovation have always been central to the company’s development. Utilizing advanced technologies such as digital 2D-to-3D tools for frame adjustment and intelligent browsing functionalities, Mister Spex sets new standards in the optics industry, offering extraordinary value to its customers. Mister Spex focuses on making the eyewear purchasing experience unique, simple, transparent, and enjoyable, combining a wide and diverse range of high-quality products with extensive optical expertise and advice through customer service, its own stores, and an extensive network of partner opticians.
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