Escape Gear
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Escape Gear - overview
Established
2004
Location
Cape Town, -, South Africa
Primary Industry
Materials
About
Escape Gear is a company focused on producing high-quality, custom-tailored vehicle protective gear, offering solutions to enhance the longevity and appearance of automotive interiors. Escape Gear, founded in 2004 in Cape Town, South Africa, specializes in vehicle protective gear. The company has not undergone any notable pivots in its business strategy. In February 2018, Adinah Capital Partners acquired a majority stake in Escape Gear, though financial terms were not disclosed.
The current CEO and founder information is not available. Escape Gear specializes in high-quality, custom-tailored vehicle protective gear designed to safeguard various aspects of automobiles, including seats, dashboards, and transmissions. Their primary product offerings include seat covers made from durable materials such as Polyenduro Fabric, Polycotton blended fabric, and traditional 100% cotton canvas, each engineered to provide exceptional durability while ensuring comfort. These products are specifically designed for a wide range of vehicles, addressing the needs of consumers who seek protection from harsh sunlight, spills, and general wear and tear.
Escape Gear's clientele consists of vehicle owners across multiple geographical markets, with a significant focus on South Africa and potential expansion into other regions such as Australia and Europe, ensuring that end users can maintain their vehicle interiors in pristine condition while enjoying a lifestyle associated with outdoor activities. Escape Gear generates revenue through direct sales of its vehicle protection products, targeting both individual consumers and businesses within the automotive sector. Transactions are structured primarily on a direct-to-consumer basis, allowing customers to purchase products tailored for specific vehicle makes and models through the company’s online platform. The pricing structure reflects the premium quality associated with their flagship products, including custom-fit seat covers and protective gear for dashboards and transmissions.
Revenue streams also include partnerships with automotive retailers and wholesalers who stock Escape Gear products, facilitating broader market reach. The combination of high-quality materials and a focus on tailored solutions contributes to a solid revenue foundation for the business. Looking forward, Escape Gear intends to expand its product offerings by designing new protective gear that caters to evolving consumer needs. The company is targeting expansion into markets such as Australia and Europe, with plans to begin this process by the end of 2023.
The acquisition by Adinah Capital Partners in February 2018 will aid in these expansion efforts, providing necessary resources to support new product development and geographic outreach.
Current Investors
Adinah Capital Partners
Primary Industry
Materials
Sub Industries
Textiles
Website
https://www.escapegear.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Escape Gear - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Escape Gear | - |
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Escape Gear - employee data


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