FBF Originals, Inc.

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FBF Originals, Inc. - overview

Established

1984

Location

-, IN, US

Primary Industry

Consumer Products

About

Based in Martinsville, US, FBF Originals, Inc. specializes in manufacturing high-quality socks, offering innovative designs for sports enthusiasts and fans across various leagues and collegiate teams. FBF Originals, Inc. is dedicated to designing and producing socks.


Founded in 1984 in Martinsville, US, the company underwent a significant acquisition in March 2019, when Taglich Private Equity partnered with management to acquire the firm. Kelly Baugh and Steve Smits are the current CEOs of the company. FBF Originals, Inc. specializes in the design and manufacturing of high-quality socks for a wide range of sports and lifestyle categories.


Their primary offerings include officially licensed socks for major leagues like the NFL, MLB, NBA, and NHL, along with various collegiate sports teams. Known for their durability and creative designs, these products cater to sports enthusiasts and fans seeking both style and comfort. The company targets a broad consumer base, including individual sports fans, families, and schools, mainly in the United States and Canada. Additionally, they provide lifestyle and novelty socks that serve various occasions to enhance their product appeal.


FBF Originals, Inc. generates revenue through direct-to-consumer sales and partnerships with retailers and wholesalers. Their business model includes selling socks in bulk to retail outlets and via their online platform. Their flagship products, particularly the Officially Licensed NHL and NFL sock collections, are essential revenue drivers, priced competitively to attract both casual consumers and dedicated sports fans.


FBF Originals, Inc. aims to expand its product line by introducing new designs and collections, with plans for releases in the upcoming year. The company is also targeting geographical expansion into international markets, particularly in Europe and Asia, by the end of 2024. The funding acquired from the deal in March 2019 will support these initiatives, enhancing their capacity to produce new products and enter these markets.


Current Investors

Taglich Private Equity

Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods, Clothing, Recreational Product Stores

Website

www.fbforiginals.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

FBF Originals, Inc. - 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)
BuyoutCompletedFBF Originals, Inc.-

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