SkinnyCorp LLC
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
SkinnyCorp LLC (d/b/a Threadless) is a developer of an online shopping platform founded in 2000 by Jake Nickell and Jacob DeHart, with its headquarters located in Chicago, Illinois. The company operates an online community and e-commerce platform under the brand Threadless, which connects artists with consumers through crowdsourced designs. In 2017, SkinnyCorp acquired Bucketfeet, a footwear brand focused on artist-designed products. Business/Product Breakdown SkinnyCorp LLC, through its Threadless platform, enables independent artists to submit designs that are voted on by the community, with selected designs produced and sold as various items. The platform offers apparel such as t-shirts, hoodies, and clothing accessories, along with home decor products like art prints and pillows, and other items including iPhone cases and stickers, all featuring artwork from the artist community. This model supports artists by providing them with opportunities to have their work featured and sold, while offering consumers access to a range of products based on community-driven content.
Keywords
Keywords
Classified
Private