California Scents

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California Scents - overview

Established

1993

Location

Irvine, CA, US

Primary Industry

Chemicals

About

California Scents designs and manufactures high-quality automotive and home air fresheners, utilizing innovative technology to deliver long-lasting fragrances that effectively neutralize odors. Founded in 1993 and headquartered in Irvine, California, California Scents specializes in air freshener products. The company was acquired by HandStands, a portfolio company of Trivest Partners, in September 2015. There are no notable pivots or changes in the business strategy mentioned.


California Scents specializes in the production and distribution of automotive and home air fresheners, delivering impactful and long-lasting fragrances. Their core offerings include a range of auto air fresheners featuring a distinctive sun-shaped design and vibrant colors, designed to enhance vehicle aesthetics while effectively neutralizing odors. The innovative spinning mechanism in their products ensures three times more fragrance dispersion compared to conventional air fresheners, catering to both consumer and business needs in odor management. The company distributes its products across North America, Europe, and select Asian markets, establishing a recognizable brand presence in the air care industry.


California Scents generates revenue primarily through direct sales of air fresheners to consumers and retail partners. Their business model includes B2B transactions with wholesalers and partnerships with retailers, promoting broad market reach. Transactions typically involve bulk orders from retailers, who then sell California Scents products to end consumers. The innovative scent delivery technology of their flagship products contributes significantly to revenue.


The pricing structure accommodates both high-volume purchases and single-unit sales, facilitating accessibility for consumers and supporting steady revenue streams. Following its acquisition in September 2015, California Scents plans to expand into new markets and introduce upcoming products. The company is likely targeting increased visibility in international regions and enhancing its product line to cater to evolving consumer preferences. The recent funding from the acquisition will likely support these growth strategies, focusing on market expansion and product innovation.


Current Investors

Handstands Holding Corporation

Primary Industry

Chemicals

Sub Industries

Chemicals

Website

www.californiascents.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

California Scents - 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-onCompletedCalifornia Scents-

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