SmartWool
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
SmartWool is an outdoor apparel company that specializes in creating high-performance, sustainable, and comfortable merino wool products. Founded in 1994, the company has earned a strong reputation for its innovative use of merino wool in crafting premium quality garments and accessories designed to enhance outdoor experiences. SmartWool's commitment to environmental responsibility and ethical sourcing has made it a preferred choice among outdoor enthusiasts, adventurers, and eco-conscious consumers worldwide. Product Breakdown: Merino Wool Apparel: SmartWool offers a comprehensive range of merino wool apparel designed for various outdoor activities. This includes performance-oriented base layers, mid-layers, and outerwear for activities such as hiking, skiing, running, cycling, and more. Their merino wool garments are known for their superior moisture-wicking properties, temperature regulation, odor resistance, and softness, providing unmatched comfort during outdoor adventures. Socks: SmartWool is particularly renowned for its premium-quality merino wool socks. Available in various thicknesses and styles, their socks cater to specific outdoor activities and conditions, ensuring optimum performance and comfort. The socks are crafted with targeted cushioning, arch support, and seamless toe closures to minimize chafing and enhance the overall experience of outdoor enthusiasts. Accessories: The company offers a wide array of merino wool accessories to complement outdoor outfits. These include hats, gloves, scarves, headbands, and neck gaiters. SmartWool's accessories are not only stylish but also provide excellent insulation and moisture management, keeping users warm and dry in challenging weather conditions. Lifestyle Collection: In addition to its performance-driven products, SmartWool has a lifestyle collection that features casual and comfortable merino wool apparel suitable for everyday wear. These products combine the natural benefits of merino wool with contemporary designs, appealing to customers seeking comfort and style in their daily lives. Sustainability Initiatives: As part of its commitment to sustainability, SmartWool actively engages in eco-friendly initiatives and responsible sourcing practices. The company collaborates with ethically accredited wool growers and manufacturers to ensure the welfare of animals and the reduction of environmental impact. They also promote recycling and responsible disposal of used products through their "Second Cut" recycling program. Collaborations and Limited Editions: SmartWool frequently collaborates with artists, athletes, and other brands to create limited-edition collections that blend outdoor performance with artistic expression. These collaborations not only showcase unique designs but also support creative communities and inspire consumers to embrace a life of outdoor adventure.
Keywords
Keywords
Classified
Private