Indie Lee & Co. Inc.
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Indie Lee & Co. Inc. - overview
Established
2010
Location
Rye Brook, NY, US
Primary Industry
Consumer Products
About
Based in the US, Indie Lee & Co. Inc specializes in creating clean beauty skincare products focused on health and environmental sustainability for consumers. Founded in 2010 and headquartered in Rye Brook, US, Indie Lee & Co. Inc is dedicated to manufacturing clean skincare solutions.
The company was established by Indie Lee, who has a background in entrepreneurship. As of July 2024, Indie Lee & Co. Inc was acquired by American Exchange Group from Ancora Holdings LLC and Winona Capital, although financial terms of the deal were not disclosed. Indie Lee offers a curated range of clean beauty skincare products, emphasizing individual health and environmental sustainability.
Their product line includes high-performance items such as cleansers, toners, serums, moisturizers, and sun protection, all formulated with plant-derived ingredients to tackle various skin issues like fine lines, acne, and dryness. The brand prioritizes clean formulations, ensuring products are free from harmful ingredients, and targets environmentally conscious consumers primarily in North America and select international markets. Indie Lee operates through a direct-to-consumer sales model, augmented by partnerships with beauty retailers. The company provides a subscription service, offering a 15% discount on recurring shipments of favorite products to enhance customer loyalty.
Revenue streams are generated from both one-time purchases and subscriptions, with flagship items like the CoQ-10 Toner and Cleansing Balm positioned at premium price points. This pricing strategy reflects the brand’s commitment to quality and sustainability. In July 2024, the recent acquisition by American Exchange Group is expected to bolster their presence in the beauty and personal care sectors. Indie Lee plans to expand its product offerings, although specific new items and release dates have not been disclosed.
Additionally, the company is targeting further geographical expansion into emerging markets. The acquisition is anticipated to provide the necessary resources to support these growth initiatives.
Current Investors
Ancora Holdings LLC
Primary Industry
Consumer Products
Sub Industries
Clothing, Beauty & Hygiene, Accessories
Website
www.indielee.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Indie Lee & Co. 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Indie Lee & Co. Inc. | - | ||||||||
| Add-on | Completed | Indie Lee & Co. Inc. | - |
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