International Absorbents, Inc.
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International Absorbents, Inc. - overview
Location
Vancouver, BC, Canada
Primary Industry
Consumer Products
About
International Absorbents, Inc. is a manufacturer of eco-friendly absorbent products that enhance liquid spill control while promoting environmental sustainability. The company focuses on natural fiber solutions, providing efficient alternatives to traditional absorbents. International Absorbents, Inc.
specializes in producing absorbent products designed for liquid spill management. The company is headquartered in Vancouver, Canada. In March 2013, the company underwent a significant change when Kinderhook Industries invested USD 30. 38 mn in a Buyout round, marking a pivotal moment in their funding history.
The investment yielded a 2. 4x return for Kinderhook Industries. The founder's prior entrepreneurial background is not disclosed, and there are no mentions of subsidiaries or parent companies. International Absorbents, Inc.
manufactures absorbent natural fiber products that help manage liquid spills effectively. Their primary offerings consist of organic wood fiber cellulose products that provide immediate absorption capabilities, surpassing traditional synthetic options such as polypropylene. The target clientele includes industries with high spill management needs, such as manufacturing, transportation, and environmental services, with a distribution network across North America, Europe, and select regions in Asia. The company's focus on sustainable products aligns with the growing demand for environmentally friendly solutions.
In the most recent financial year, International Absorbents, Inc. reported revenue of USD 35. 80 mn and an EBITDA of USD 6. 20 mn.
The firm's revenue model relies heavily on B2B sales, catering to businesses that require absorbent products for spill management, with a pricing strategy reflecting the premium nature of their organic offerings. International Absorbents, Inc. aims to introduce new organic products in the near future, enhancing their existing product line for improved spill control. The company is also looking to expand its market presence into emerging regions in Asia by the end of 2014.
The latest funding round from Kinderhook Industries will support these initiatives and facilitate the planned expansion into specific target markets.
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene
Website
www.absorbent.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
International Absorbents, 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 | International Absorbents, Inc. | - | ||||||||
| Buyout | Completed | International Absorbents, Inc. | - |
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