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Asgard Partners, Merit Capital purchase Revision Military's eyewear unit

Private equity investors Asgard Partners & Co. and Merit Capital Partners teamed up to buy the eyewear business of Revision Military Ltd.

Revision manufactures protective eyewear solutions for military and tactical applications.

The deal includes the sale of the protective eyewear product line; use of the Revision brand; and the company's 53,000-square-foot manufacturing facility in Essex, Vt., along with its 130 employees.

The newly spun-off Revision eyewear business will continue to be led by its key management and existing manufacturing team.