Gabriel Brothers, Inc.
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Gabriel Brothers, Inc. - overview
Established
1961
Location
-, WV, US
Primary Industry
Retail
About
Gabriel Brothers, Inc. is an off-price retailer specializing in a diverse selection of fashion and home products, providing consumers substantial savings compared to traditional retailers. Founded in 1961, Gabriel Brothers, Inc. operates as an off-price retailer offering a variety of products.
The company has not undergone any notable pivots in its business strategy. It is headquartered in Morgantown, US. The firm has completed a total of 3 deals, with its most recent deal occurring on October 2, 2024. Gabe's is a prominent off-price retailer known for its wide range of fashion and home products, offering significant savings of up to 70% off traditional department store prices.
The company's core product offerings include apparel for men, women, and children, as well as footwear, home goods, and pantry items. With a commitment to delivering new deals on a daily basis, Gabe's serves budget-conscious shoppers seeking quality merchandise at affordable prices. The company caters to a diverse clientele, including families looking for value in their shopping experience. Gabe's products are available across 20 states in the United States, with over 158 store locations supported by six distribution centers strategically located in the Mid-Atlantic, Midwest, and Southeast regions.
Gabe's generates revenue primarily through direct-to-consumer transactions in its retail stores, which feature a constantly updated assortment of products. The company operates on a straightforward sales model, where customers purchase items at discounted prices without the need for subscriptions or partnerships. Typical transactions involve customers selecting items from various departments, including fashion and home goods, and making purchases at the point of sale. Gabe's flagship offerings include both seasonal and everyday items, all positioned to appeal to cost-conscious consumers.
The emphasis on value and the wide array of products contribute to the company's revenue stream, reinforcing its identity as a leading off-price retailer in the market. In October 2024, Ares Management and Second Avenue Capital Partners provided a USD 175 million senior secured revolving line of credit to Gabriel Brothers, Inc. , a portfolio company of Warburg Pincus. The financing will enhance Gabriel Brothers, Inc.
's capital structure and support its further growth. The company aims to introduce new product lines while expanding its footprint into additional markets. Specific regions targeted for this expansion include growing its presence in the Northeast and accelerated openings in the Midwest by late 2025.
Current Investors
Warburg Pincus
Primary Industry
Retail
Sub Industries
Footwear, Accessories, Clothing Stores
Website
www.gabesstores.com
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Gabriel Brothers, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Gabriel Brothers, Inc. | - | ||||||||
| Secondary Buyout | Completed | Gabriel Brothers, Inc. | - | ||||||||
| Buyout | Completed | Gabriel Brothers, Inc. | - |
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