News

Mister Spex raises EUR 65 million to accelerate international growth

Mister Spex, Europe’s leading online optician, which is backed by SEP, has raised over EUR 65 million to accelerate international business expansion and further develop its retail store portfolio.

Incorporated in 2007, Mister Spex has become a leading online optician offering an extensive product portfolio of over 10,000 prescription glasses, sunglasses and contact lenses to its three million customers. The company’s online shops serve consumers in ten countries. In line with its omnichannel strategy, the company operates eleven of its own retail stores in Germany and has developed a wide network of partner opticians in Germany, Austria, Switzerland, the Netherlands and Sweden.

“Our continued success underlines our belief in combining the best of both worlds: online and offline,” added Dr. Mirko Caspar, co-CEO of Mister Spex. “Sales in our online shops continue to grow strongly. However, our experience shows that through the unique combination of online shops, our own retail locations and over 500 partner opticians, we can add an additional layer to the consumer experience and fully address the market potential. We remain committed to our omnichannel strategy.”

The Büll Family Office led the equity round with participation from existing investors (Grazia Equity, Stephan Schambach and Ehssan Dariani among others) while Global Growth Capital provided a senior debt facility.