McGuireWoods recently represented New York-based private equity firm ASGARD Partners & Co. in acquiring the eyewear business of Revision Military Limited. ASGARD acquired the company in partnership with Merit Capital Partners of Chicago. Financial terms were not disclosed.
ASGARD invests in founder-, family- and management-owned companies, focusing predominantly on manufacturing, services and distribution businesses with ties to defense, government or aerospace markets. ASGARD and Merit’s investment in Revision enables the company to pursue growth opportunities and support the needs of existing customers. Revision manufactures protective eyewear for military and tactical uses.
Partners Thomas Zahn and David Hornyak led the McGuireWoods deal team representing ASGARD, with assistance from partner J. Michael Wilson, counsel Gary Regan and Lorna Tang, and associate Samuel Neece.
“We were pleased to assist ASGARD in closing this significant transaction, which advances ASGARD’s business goals and positions Revision for growth in the years ahead,” Zahn said.
McGuireWoods last year advised ASGARD in its purchase of Wild Things LLC, which manufactures premium technical outerwear for extreme outdoor conditions, primarily serving the military, special forces and law enforcement communities.
McGuireWoods consistently ranks among the top law firms in league tables for M&A deals. The firm remained a dominant player advising clients in M&A transactions through the first half of 2019, earning top five rankings for U.S. deal count and top 10 rankings for global transactions in league tables published by Refinitiv and Bloomberg.