Sunglass Hut
A lot of American eyewear enthusiasts believe that the best place to shop would be at Sunglass Hut. They offer a wide variety of glasses from tinted shades to clear glasses! The company is known to have a strong presence in South Africa, India, the United Kingdom, and more despite starting in Miami, Florida from an optometrist named Sanford Ziff in 1986. The company was sold in 2001, five years after the company launched its 100th location in 1986. At the time, the Luxottica group bought the company for $653 million when they had more than 1,300 stores. The company currently has around 2,000 stores worldwide.
Ironman
The Ironman competition started as a part of the Hawaii Triathlon Corporation. Dr. James P. Gills bought it for $3 million in 1990. Since then, it became significantly more prominent than it had been on its start. Providence Equity Securities later purchased the company for $85 million in 2008. And in 2015, the Dalian Wanda Group bought it for $650 million. The Chinese company had to take care of the previous owner’s debt, but it did not matter as the company saw a 40% yearly net growth.