Clinere Products, Inc.
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Clinere Products, Inc. - overview
Location
Mundelein, IL, US
Primary Industry
Consumer Products
About
Clinere Products, Inc. specializes in ear health solutions, offering innovative ear cleaning products designed to ensure effective and safe removal of earwax for improved ear hygiene. Clinere Products, Inc. is based in Mundelein, US, focusing on ear health innovations.
The company was acquired by Quest Products, Inc. , a portfolio company of Promus Equity Partners, in March 2018. The founder's details are not disclosed. Clinere® specializes in ear health solutions with their core offerings centered around innovative ear cleaning products designed for effective and gentle removal of earwax.
The flagship product, the Clinere Earwax Removal Kit, is engineered to provide users with an alternative to traditional cotton swabs, promoting better ear hygiene without risk of injury. Clinere products aim to alleviate discomfort caused by earwax buildup and enhance the overall ear health experience for users. The company's customer base includes a diverse range of end users, primarily individuals seeking safe and efficient ways to maintain ear hygiene. Clinere products are marketed primarily in North America, with a focus on direct-to-consumer sales via online platforms and retail partnerships.
Clinere generates revenue through the sale of its ear cleaning products, including the Clinere Earwax Removal Kit and the Clinere Ear Oil Conditioner & Ear Cleaner Cleaning Care Kit. Transactions primarily occur on a direct-to-consumer basis, with customers purchasing products through the company's website and selected retail outlets. Pricing for these products is set at USD 7. 99 for the Clinere Earwax Removal Kit and similar rates for other offerings, which are sold in various package counts.
The company's pricing structure reflects a straightforward consumer transaction model, enhancing accessibility and encouraging repeat purchases among satisfied users. Through effective marketing and strong customer endorsements, Clinere continues to establish itself as a trusted brand in the ear health market. Following the acquisition in March 2018, Clinere Products, Inc. aims to introduce new products that enhance its ear health portfolio.
Currently, no specific product launch dates have been mentioned. The company plans to expand its reach beyond North America, targeting regions in Europe and Asia by 2025. Recent funding from the acquisition will likely support product development and market expansion initiatives.
Current Investors
Quest Products, Inc.
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene
Website
www.clinere.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Clinere Products, Inc. - 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 | Clinere Products, Inc. | - |
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