Cool Gear International
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Cool Gear International - overview
Location
Plymouth, MA, US
Primary Industry
Logistics & Distribution
About
Cool Gear International is a company focused on providing versatile drinkware and food storage solutions, designed to enhance everyday hydration and meal organization for active lifestyles. Cool Gear International specializes in innovative drinkware and food storage products. The company is headquartered in Plymouth, US, and was acquired by Igloo Products Corp, part of ACON Investments, in January 2015. The firm has been involved in two significant deals since its inception, with the most recent deal occurring on January 6, 2015.
Cool Gear specializes in a diverse range of drinkware and food storage solutions tailored to meet the needs of active consumers. Their core product offerings include water bottles, tumblers, travel mugs, and food storage containers designed with functionality and convenience in mind. These products are crafted from various materials, including durable plastic and stainless steel, catering to both casual users and families looking for reliable hydration and meal prep options. The company targets a broad customer base, including fitness enthusiasts, parents, and outdoor adventurers, providing products that support a healthy lifestyle by encouraging hydration and organized food storage.
Cool Gear products are distributed across multiple geographical markets, including North America, Europe, and select regions in Asia, ensuring that they reach consumers in both retail and online environments. Cool Gear generates revenue primarily through direct-to-consumer sales and partnerships with retailers and wholesalers. The company has established a transaction structure that allows for seamless purchasing of its products, which are often featured in seasonal promotions and special collections. Customers can directly purchase items such as their flagship drinkware and food storage solutions through the company's website, as well as through various retail partners.
Pricing plans for their products are designed to appeal to a wide audience, with individual items available at competitive rates that reflect their quality and functionality. By utilizing both direct sales channels and retail partnerships, Cool Gear effectively reaches its target market while driving revenue growth through diverse distribution methods. Cool Gear International is focusing on the launch of new product lines designed to enhance consumer hydration and meal preparation. The company is targeting expansion into additional markets in Asia by 2025.
The recent acquisition by Igloo Products Corp will provide the necessary resources to support these initiatives, following the completion of their most recent deal in January 2015.
Current Investors
Igloo Products Corp., R.A.F. Industries
Primary Industry
Logistics & Distribution
Sub Industries
Bottling, Food & Beverage Distribution
Website
www.coolgearinc.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Cool Gear International - 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 | Cool Gear International | - | ||||||||
| Buyout | Completed | Cool Gear International | - |
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