Houlihan Lokey Advises Quadrum Capital
Houlihan Lokey is pleased to announce that LensOnline, a portfolio group of Quadrum Capital, has merged with Vision Group, creating one of the largest European online contact lens retailers. This partnership marks a turning point in the European optical sector by uniting two innovative market leaders into a Europe-scale champion. The transaction is backed by Dutch private equity firm Quadrum Capital. Houlihan Lokey acted as the debt advisor on the financing.
LensOnline operates in the premium European eye care market, utilising a digital e-commerce platform and a network of more than 200 partner opticians to maintain a leading position in the Belgian, Dutch, and Italian premium eye care markets. The company integrates online and offline experiences, providing contact lens purchases, eye care services, and expert advice, ensuring a seamless customer journey. Vision Group is a leading online retailer for contact lenses in Switzerland and ranks among the top five in Europe. By combining LensOnline’s strong omnichannel foundation with Vision Group’s leading e-commerce capabilities, the new platform will serve millions of customers across Europe, both online and offline. The joint ambition is to unlock the full potential of a hybrid eye care model, leverage data, logistics, and local expertise to scale faster, and make high-quality vision products more affordable and accessible.
Quadrum Capital is an independent Dutch investment firm that supports ambitious entrepreneurs in realising sustainable growth strategies. With a long-term focus, the firm partners with strong management teams to build leading companies across various sectors in Northwestern Europe.
Houlihan Lokey served as the financing advisor to Quadrum Capital, providing debt advice on all commercial aspects of the financing transaction and assisted in securing a Switzerland-based, highly attractive, tailor-made, and flexible financing solution that will support the group’s organic and inorganic growth strategy.
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