The Optical Foundry | Minneapolis, MN

The Optical Foundry (TOF), is an optical frame designer/wholesaler of the following brand names: OGI, Seraphin, Scojo New York, Red Rose, and Bon Vivant.  The company began operations in 2002 as a roll-up of eight retail eyewear stores sponsored by an affiliate of Kovitz Investment Group. TOF expanded into wholesale eyewear in 2005 with the acquisition of OGI Eyewear and into wholesale reading eyewear with the acquisition of Scojo New York in 2007.  

TOF recapitalized itself in 2011 with a sale to Chicago Capital Partners.  The company divested its retail business, 25 predominantly Chicagoland area-based locations operating under the “Spex” brand, during 2016.  In 2019, the company merged with an existing CCP Investment (made in 2016), l.a. Eyeworks, a strategically complementary business.

ogieyewear.com
   
l.a. Eyeworks | Los Angeles, CA

Chicago Capital Partners made its initial investment in l.a. Eyeworks in 2016.  A leader in eyewear design, l.a. Eyeworks operates in a coveted niche within the high-end optical business and has done so since its inception in 1979.  l.a. Eyeworks has a well-established wholesale business that sells its brands, under the l.a. Eyeworks and Fiction names, domestically and internationally through two distribution networks in the United States and France.  The company also operates two retail locations in Los Angeles, California.  During 2019, l.a. Eyeworks was merged with The Optical Foundry, a strategically complementary business in the CCP portfolio.  

laeyeworks.com
Interline Travel & Tour | Austin, TX

Interline Travel & Tour (Interline) sells cruise, resort, airfare, and related travel products to a niche market within the travel industry (“Interliners”).  Interliners are the active employees and retirees of the airline industry and their families.  Interline operates through three subsidiaries: (i) Perx, the U.S. operating entity based in Austin, Texas, (ii) Dargal Interline Worldwide Company, the Canadian operating entity, and (iii) Travelbrands Ltd., the U.K. operating entity. 

perx.com
CBC Specialty Beverage-Nevada | Las Vegas, NV

CBC Specialty Beverage-Nevada ("CBC West") is the premier provider of premium non-alcoholic beverages to restaurants, hotels, and other institutions primarily to the western half of the United States.  CBC West carries a diverse selection of premium coffee, tea and related products including Intelligentsia, LaVazza, La Colombe, China Mist, Mighty Leaf, and Monin. In addition to product consultation and distribution, the company specializes in beverage equipment, as well as related service and repair.  CBC West was formerly a division of Chicagoland Beverage Co., a master distributor of premium coffees and teas, founded in 1989 and headquartered in Chicago, IL.

Park 88 | DeKalb, IL

Park 88 is an industrial park located in DeKalb, Illinois.  Chicago Capital Partners partnered with Park 88's primary developer, Venture One Real Estate, LLC.  Park 88 is a 565-acre industrial park that is currently home to distribution facilities for two Fortune 500 companies and seeks to expand its tenant roster to other users in need of large facilities on a site that can be quickly built upon.  Park 88 is centrally located along Interstate 88, near several other interstate highways, as well as railroads.  It also offers potential tenants the ability to tap into the workforce of DeKalb, Illinois (which houses Northern Illinois University) and neighboring communities, all while being outside the congestion of industrial parks closer to downtown Chicago. 

 

PLCS | Mount Laurel, NJ

PLCS is a manufacturer and distributor of proprietary systems for the sealing of leaks in cast-iron natural gas distribution pipelines in North America.  PLCS’ customers include many of the larger natural gas utilities in the United States.  The company’s products are designed and sold with the idea of maximizing safety for the employees of the contractors and utility companies utilizing its equipment/products, while minimizing natural gas service disruptions.  PLCS has accumulated and maintained long-term relationships with significant customers and vendors and over its 35+ years in operation, earned a strong reputation for customer service, reliability, and performance.  

plcsusa.com
Past Investments

Running Away Enterprises started as a retail business in 2001 and transformed into a company operating three segments:  RAM Racing, RAM Productions, and Enmotive.  The retail operation was sold in 2016, and the remaining operations were sold in 2018.  

TOF operated its retail division under the “Spex” brand, growing from eight original retail locations to a total of 25.  Spex provided optometric services and prescriptions through its retail locations; 24 in the Chicago area and one in Hilton Head Island, South Carolina.  The retail division was successfully sold in 2016 to a strategic acquirer. 

Fletcher leases high-end digital cameras, accessories, and related equipment and services to television broadcasters, primarily for the broadcasting of live sporting events. Fletcher's slow motion and robotic cameras capture replays with angles such as the booth camera, mid-home camera (MLB), behind the backboard camera (NBA), in-net camera (NHL), and goal line camera (NFL).  Fletcher was successfully sold to a strategic acquirer in 2018.