Fortitude Spirits Group
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Fortitude Spirits Group - overview
Location
London, -, UK
Primary Industry
Consumer Products
About
Based in the UK, and founded in 2024, Fortitude Spirits Group operates as a comprehensive producer, brand builder, and distributor of quality spirits. In October 2024, Kliro Capital Partners formed Fortitude Spirits Group. Fortitude Spirits Group operates as an integrated producer, brand builder, and distributor of quality spirits, focusing on innovation and category growth. The company offers a diverse portfolio of premium spirits brands through its three core divisions: Fortitude Spirits, which incubates and scales distinctive brands; Fortitude Drinks UK, a distribution and import business; and ICB Distillers, which specializes in the distillation, blending, and bottling of both proprietary and third-party products.
These offerings cater to a global customer base that includes retailers, wholesalers, and end consumers, aiming to enhance their drinking experiences across various occasions. The group's products are marketed in several international markets, including North America, Europe, and Asia, targeting both established and emerging consumer segments who seek high-quality spirits.
Current Investors
Kliro Capital Partners
Primary Industry
Consumer Products
Sub Industries
Alcoholic Beverages
Website
www.fortitudespiritsgroup.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Fortitude Spirits Group - financials
| Fiscal Year Ended | Feb 28, 2015 | Feb 29, 2016 | Feb 28, 2017 | Feb 28, 2018 | Feb 28, 2019 | Feb 29, 2020 | Feb 28, 2021 | Feb 28, 2022 | Feb 28, 2023 | Feb 29, 2024 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 34,373,316 | 30,565,794 | 31,198,387 | 29,577,516 | 33,597,750 | 33,478,079 | 35,406,978 | 40,649,989 | - | - | - |
| % Revenue Growth (YoY) | - | (11.1%) | 2.1% | (5.2%) | 13.6% | (0.4%) | 5.8% | 14.8% | - | - | - |
| EBITDA (USD) | (448,763) | 402,563 | 423,598 | (203,010) | 850,592 | 1,178,524 | 1,467,779 | 2,457,289 | - | - | - |
| Operating Income (USD) | (814,436) | 93,962 | 120,662 | (530,873) | 467,767 | 664,888 | 973,183 | 1,833,752 | - | - | - |
| Operating Margin | (2.4%) | 0.3% | 0.4% | (1.8%) | 1.4% | 2.0% | 2.7% | 4.5% | - | - | - |
| % EBITDA Margin | (1.3%) | 1.3% | 1.4% | (0.7%) | 2.5% | 3.5% | 4.1% | 6.0% | - | - | - |
| NET Income (USD) | (1,203,569) | (652,965) | (602,922) | (567,446) | 315,402 | 483,521 | 836,920 | 1,610,198 | - | - | - |
| % Net Margin | (3.5%) | (2.1%) | (1.9%) | (1.9%) | 0.9% | 1.4% | 2.4% | 4.0% | - | - | - |
Fortitude Spirits Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Company Formation | Completed | Fortitude Spirits Group | - | ||||||||
| Add-on, LP Direct | Completed | Intercontinental Brands | - |
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