Global Sugar Art
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Global Sugar Art - overview
Established
2002
Location
Plattsburgh, NY, US
Primary Industry
Food
About
Global Sugar Art is a dedicated provider of a wide range of cake decorating, cookie, and baking supplies, primarily offered through Amazon. com, serving both amateur and professional bakers. Founded in 2002, Global Sugar Art operates from Plattsburgh, US, specializing in cake decorating and baking supplies. The company has made strides in its business strategy by focusing on e-commerce partnerships, particularly with Amazon.
com. The founder's specific history is not available, and the company has engaged in one notable funding round, with Aleutian Capital investing an undisclosed amount in January 2013. Global Sugar Art specializes in providing a comprehensive range of cake decorating, cookie, candy, and baking supplies, primarily through a partnership with Amazon. com.
Their core offerings include high-quality baking tools, decorative icings, cake boxes, and cake dummies, catering to both amateur and professional bakers aiming to enhance their creations. The products are designed to meet the needs of individuals looking to craft visually appealing baked goods for various occasions, such as birthdays, weddings, and other celebrations, serving a diverse clientele across North America and parts of Europe. The revenue model for Global Sugar Art is structured around direct-to-consumer sales primarily facilitated through their partnership with Amazon. com, where customers can purchase products with ease using the "BUY ON AMAZON" feature.
Transactions typically involve individual purchases of baking supplies, allowing for a streamlined process that meets a wide range of customer needs without the complexity of subscriptions or wholesale arrangements. The company's flagship offerings include premium cake decorating supplies designed for both casual and serious bakers, competitively priced to attract a broad audience. Global Sugar Art plans to enhance its product offerings by designing new cake decorating tools and supplies, with potential launches targeted for late 2023. The company aims to expand its market reach into European countries, specifically targeting the UK and Germany by early 2024.
The funding from the recent investment by Aleutian Capital will be utilized to support these initiatives, facilitating the development of new products and helping to establish a stronger presence in the new markets.
Current Investors
Aleutian Capital
Primary Industry
Food
Sub Industries
Bakery Products
Website
www.globalsugarart.com
Verticals
E-commerce
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Global Sugar Art - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Global Sugar Art | - |
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