9to5 Seating LLC
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9to5 Seating LLC - overview
Established
1986
Location
Hawthorne, CA, US
Primary Industry
Consumer Products
About
9to5 Seating LLC is a manufacturer specializing in ergonomic seating solutions for various commercial environments, focusing on comfort, functionality, and aesthetic appeal, catering to a diverse clientele across sectors. Founded in 1986, 9to5 Seating LLC operates out of Hawthorne, US, designing and manufacturing a wide range of seating products. The company was acquired by Flokk AS, a portfolio company of Triton Partners, in November 2019. The CEO, Frederik Fogstad, leads the company with a vision for ergonomic workplace solutions.
9to5 Seating specializes in designing and manufacturing a diverse range of seating solutions, including executive chairs, task seating, heavy-duty chairs, stools, lounge seating, and ottomans. Their products are tailored for corporate offices, educational institutions, healthcare facilities, and government agencies, emphasizing ergonomic comfort and style. Marketed primarily in North America, the company aims to extend its reach to international markets as well. In 2019, 9to5 Seating reported revenue of USD 55.
00 mn, generated through direct business-to-business transactions with commercial clients, including bulk orders for flagship products like the Tori heavy-duty chair and Mila executive seating. Following its acquisition in November 2019, 9to5 Seating plans to leverage Flokk AS's resources to enhance its product offerings and expand into new geographic markets. This includes developing new product lines aimed at increasing ergonomic solutions by 2022. The recent acquisition funding supports these initiatives by providing the necessary capital for product development and market penetration.
Current Investors
Flokk AS
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
www.9to5seating.com
Verticals
E-commerce, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
9to5 Seating LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | 9to5 Seating LLC | - |
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