Camelot Acquires Controlling Interest in Lens1st
Livonia , MI, June 10 , 2001 - Camelot Ventures, a Southfield, Michigan based investment firm announced the acquisition of Lens1st, a leading direct to consumer contact lens replacement company. Lens1st, had been previously owned by K&D Distributors of Toledo, Ohio.
"We're very excited about acquiring Lens1st and look to aggressively grow the company" said David Katzman, Managing Partner of Camelot Ventures. "Lens1st is a perfect fit for our profile of investing in companies that leverage our business expertise." Mr. Katzman will serve as the company's Chairman.
Lens1st was originally founded in 1990 by David Katzman and quickly became one of the nation's largest contact lens replacement companies. In 1998, the company was sold to K&D Distributors after the Home Depot acquired Mr. Katzman's other consumer - direct companies. Consumers calling Lens1st's toll free number (1-888-Lens1st) or going to their website (www.lens1st.com) will find a quick and convenient way to buy their replacement contact lenses.
About Camelot Ventures
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