Brightmore Brands
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Brightmore Brands - overview
Location
-, -, US
Primary Industry
Retail
About
Based in the US, Brightmore Brands operates as a sustainable retail thrift store chain and funds critical social causes. In February 2023, Beach Point Capital Management acquired a majority stake in Brightmore Brands. As of March 2023, the company has 18 stores throughout California, New York, New Jersey, and Minnesota. Brightmore Brands provides secondhand clothing and household textiles from retail chains for reducing waste and funding critical social causes.
The company plans to use February 2023, investment to combine two independent thrift store chains to create a national platform.
Current Investors
Beach Point Capital Management
Primary Industry
Retail
Sub Industries
Clothing, Clothing Stores
Verticals
Clean Technology
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Brightmore Brands - 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 | Texas Thrift | - | ||||||||
| Buyout | Completed | Brightmore Brands | - |
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