Fibrix, LLC
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Fibrix, LLC - overview
Established
1968
Location
Conover, NC, US
Primary Industry
Materials
About
Fibrix, LLC manufactures high-quality nonwoven fiber solutions, utilizing advanced technologies to serve clients across various markets including home furnishings and automotive industries. Fibrix, LLC was founded in 1968 and is based in Conover, US. The company specializes in producing nonwoven fiber solutions and has undergone a strategic acquisition by Branford Castle in August 2018. Fibrix has a history of two significant deals, with the most recent transaction occurring on August 17, 2020.
Fibrix specializes in the manufacturing of high-quality nonwoven fiber solutions, leveraging advanced garnett and carding technologies developed over more than 50 years in the industry. The company’s core offerings include precision-crafted nonwoven fiber webs, custom fiber blends, and a range of fiber bonding methods such as thermal and resin bonding. These products meet the unique needs of a diverse client base across various markets including home furnishings, bedding, and automotive industries. Fibrix's nonwoven components are utilized in applications such as mattress cores, pillows, and specialized automotive nonwovens, showcasing their versatility and effectiveness in providing durable, cost-effective, and environmentally sustainable solutions.
The company serves a broad geographical market, including local, regional, and national clients across North America, ensuring widespread accessibility to their innovative products. Fibrix operates under a business model that emphasizes strong relationships with B2B clients, including retailers and wholesalers, for the distribution of its nonwoven fiber products. The company engages in direct transactions with these partners, offering tailored solutions that cater to specific market needs. Revenue streams are generated through the sale of custom nonwoven products, with flagship offerings such as Mountain Mist quilt batting and BB Satin Star leg wraps for horses, which are well-regarded within their respective markets.
While specific pricing structures are not disclosed, transactions typically involve bulk orders and long-term contracts, ensuring a steady revenue flow as clients rely on Fibrix for consistent quality and timely delivery. The company's reputation for dependability in quality further solidifies its standing within high-demand sectors, contributing to its financial stability and growth. Fibrix plans to leverage recent funding to support the development of new products and expand into new markets. The company is focused on introducing innovative nonwoven solutions tailored to the needs of emerging sectors by 2023.
Additionally, they aim to enhance their presence in the automotive and bedding markets, targeting expansion efforts across North America. Recent funding from the acquisition by Branford Castle will be utilized to fuel these initiatives, ensuring that Fibrix remains competitive and responsive to market demands.
Current Investors
Branford Castle
Primary Industry
Materials
Sub Industries
Furniture, Therapeutic Devices, Heating, Cooling & Ventilation Equipment and Services, Textiles
Website
www.fibrix.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Fibrix, LLC - 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, Trade Sale | Completed | Americo Manufacturing Company, Inc. | - | ||||||||
| Buyout | Completed | Fibrix, LLC | - | ||||||||
| Private Debt | Completed | Fibrix, LLC | - |
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