Avia, Inc.

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Avia, Inc. - overview

Established

1979

Location

New York, NY, US

Primary Industry

Consumer Products

About

Avia, Inc. is a footwear company that designs and manufactures a diverse range of shoes for men, women, and children, focusing on comfort and performance across various activities. Founded in 1979 in New York, US, Avia, Inc. specializes in footwear solutions.


The company was acquired by Galaxy Universal LLC from Sequential Brands Group, Inc. in October 2021, with KKR participating as a co-investor. CEO Claudia Schäfer leads a team that includes founders Eric Langshur and Gabrielle Dittenhofer, which reflects a strong leadership background. The acquisition aims to integrate and enhance brand management across marketing, design, and manufacturing.


Avia specializes in the design and manufacture of footwear, offering a range of products for women, men, and children. Core offerings include walking shoes, running shoes, slip-on shoes, and non-slip shoes, all engineered for comfort and functionality. Their footwear is particularly beneficial for individuals seeking durable options for activities such as casual walking, running, and work environments. Avia's distribution primarily targets North America, ensuring that consumers have access to quality footwear that meets performance standards.


Avia's revenue model is based on direct-to-consumer sales through their online platform, Avia. com. Customers engage with a diverse product range, including popular items like non-slip shoes tailored for both personal and professional use. The purchasing process often includes promotions, such as free shipping on orders over USD 49, which encourages higher transaction values.


The focus on retail transactions allows customers to access products directly, fostering a streamlined purchasing experience. Following the acquisition in October 2021, Avia plans to enhance its product offerings and expand its market presence. The company is expected to launch new footwear designs focused on both comfort and performance, although specific release dates are not disclosed. Additionally, Avia aims to penetrate new geographic markets to broaden its consumer base.


The recent acquisition will allow Galaxy Universal LLC to integrate Avia into a cohesive brand strategy that emphasizes marketing, design, and manufacturing efficiencies.


Primary Industry

Consumer Products

Sub Industries

Footwear, Recreational Hobbies & Sporting Goods

Website

www.avia.com

Verticals

E-commerce, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Avia, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onAnnouncedAvia, Inc.-

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