Berkshire Blanket, Inc.

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Berkshire Blanket, Inc. - overview

Established

1993

Location

-, MA-Massachusetts, US

Primary Industry

Consumer Products

About

Berkshire Blanket, Inc. specializes in the design and manufacturing of high-quality home textiles, offering various products that enhance comfort and aesthetic appeal in domestic settings. Berkshire Blanket, Inc. was founded in 1993 in Ware, Massachusetts, US.


The company focuses on producing home textiles and has undergone changes in strategy over the years, including a significant acquisition by SUMEC Textile Light Industry Co. , Ltd. in September 2016. The current CEO is Scott Maddalene, who leads the company in its operations and strategic direction.


Berkshire Blanket & Home Co. specializes in high-quality home textiles, offering a diverse range of products including blankets, throws, sheets, and robes. Their flagship offerings include the VelvetLoft® line, known for its luxurious softness and plush texture, and the Peanuts® collection, which features themed bedding and accessories targeted mainly toward families and children. The products are designed to enhance comfort and aesthetic appeal in home environments, serving end users who prioritize both functionality and style in their living spaces.


Berkshire Blanket’s items are primarily marketed to consumers in the United States, particularly in regions such as the Northeast and Midwest, where home textile needs are notably high due to seasonal temperature variations. Their customer base includes individual consumers, gift purchasers, and retailers looking to stock quality home goods, effectively positioning the company within both direct-to-consumer and retail distribution channels. Berkshire Blanket & Home Co. generates revenue through direct-to-consumer sales and partnerships with retailers, distributing their products across various platforms.


The company utilizes a straightforward transaction structure, allowing customers to purchase individual products directly from their website or through retail partners. Key product lines, such as the VelvetLoft® blankets and Peanuts® collection, feature various pricing tiers based on size and design, supporting a range of customer budgets. While specific pricing details are not disclosed, the company operates on a model that encourages bulk purchases and seasonal sales, with incentives such as free shipping on orders over a certain amount. This transactional framework supports consistent revenue flow from both individual consumers and larger retail accounts, reinforcing Berkshire Blanket’s position in the home textiles market.


Berkshire Blanket & Home Co. plans to expand its product offerings, focusing on new designs set to launch in the upcoming year. The company aims to penetrate new geographic markets, particularly targeting regions in the Southeast and West Coast of the United States by 2025. The acquisition by SUMEC Textile Light Industry Co.


, Ltd. in September 2016 will provide the necessary support to fund these growth initiatives, enabling the company to enhance product development and market reach.


Primary Industry

Consumer Products

Sub Industries

Consumer Products, Clothing Stores, Home Improvement & DIY, Textiles

Website

www.berkshireblanket.com

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Berkshire Blanket, 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)
Trade SaleCompletedBerkshire Blanket, Inc.-
BuyoutCompletedBerkshire Blanket, Inc.-

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Berkshire Blanket, Inc. - employee data

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