Framery Oy
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Framery Oy - overview
Established
2010
Location
Tampere, -, Finland
Primary Industry
Consumer Products
About
Framery Oy is a Finnish company specializing in soundproof office solutions, offering innovative pods and booths that enhance workplace productivity and comfort for individual and collaborative activities. Founded in 2010 in Tampere, Finland, Framery Oy designs and manufactures soundproof office solutions. The company was co-founded by Ilkka Kaikuvuo and Samu Hällfors. The current CEO is Patrick Ricketts.
In March 2018, Vaaka Partners acquired a majority stake in Framery Oy, further enhancing its growth potential. The company has one major deal recorded. Framery specializes in soundproof office solutions, offering a range of innovative pods and booths designed to enhance workplace productivity and comfort. The company’s flagship products include the Framery One™, a smart soundproof pod ideal for individual focus work, and the Framery Four™ and Framery Six™, designed for team meetings and collaboration.
These products incorporate advanced features such as patent-pending acoustics, adaptive ventilation, and video-optimized lighting. Framery's client base spans various industries, including technology, education, and corporate environments, serving end-users looking for effective solutions to mitigate noise distractions and provide privacy in open office settings. The company's products are marketed globally, with a strong presence in North America, Europe, and Asia, addressing the growing demand for flexible and soundproof working environments. In the most recent year of 2023, Framery generated revenue of USD 140.
67 mn and reported an EBITDA of USD 30. 60 mn. Revenue is primarily derived from direct sales of its office pods and smart workplace solutions to businesses and organizations through B2B transactions, with pricing reflecting the customization and features of each pod. Framery aims to expand its product lineup with new designs set to launch in the coming months, focusing on enhancing the functionality and appeal of its office solutions.
The company is also looking to penetrate new markets in Asia and North America by 2025, capitalizing on the growing demand for soundproof working environments. The funding received from the majority stake acquisition by Vaaka Partners will support these initiatives, allowing Framery to increase its product development capabilities and market reach.
Current Investors
Vaaka Partners
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
www.frameryacoustics.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Framery Oy - 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 | Framery Oy | - |
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