Deals

Leisure March 20, 2019

AYA Ventures acquires the business and assets of eyewear and lifestyle brand, Kite Eyewear

Our client AYA Ventures has acquired the business and assets of eyewear and lifestyle brand, Kite Eyewear.

In its own words, Kite “takes eyewear shopping to the next level. The most scientifically advanced eye tests in the country. Personalised one-on-one appointments with expert eyewear stylists. Your own personal booth, to browse glasses and sunglasses at your leisure, with drinks crafted by beverage pioneers Bompas and Parr.”

This is the first in what will be a series of strategic acquisitions for AYA Ventures, an emerging private investment firm focused on early stage, yield generating and distressed investments.

Hassan Dhanji, co-founder of AYA Ventures, said: “We are thrilled to have completed this strategic acquisition and have big plans for the Kite Eyewear brand.  We were very pleased that Humphreys Law were able to get up to speed and help us execute at pace and we look forward to working with them again on other projects going forward.”

Deal/project: Acquisition

Date closed: March 2019

Space: Leisure

Other lawyers and advisors: Osborne Clarke and Harrison Clark Rickerbys advised other parties to the deal

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