Kwik Tek, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Kwik Tek, Inc. - overview

Established

1991

Location

Denver, CO, US

Primary Industry

Consumer Products

About

Kwik Tek, Inc. specializes in the design and distribution of premium watersport equipment, enhancing outdoor recreation experiences for families and friends with a diverse range of products. Kwik Tek, Inc. was founded in 1991 in Denver, US, and focuses on developing innovative watersport products.


The company has undergone strategic changes since its inception, including its acquisition in January 2017 by Falconhead Capital and M3 Outdoor Investments, although the financial terms were not disclosed. The company does not have known subsidiaries. Kwik Tek, Inc. is known for its Airhead brand, which designs and distributes high-quality watersport equipment such as towable tubes, life jackets, wakeboards, and boating accessories.


Their extensive product line includes towable tubes accommodating between one to four riders, essential towable ropes, and life jackets for all ages, specifically engineered to enhance water-based recreational activities, thereby encouraging outdoor adventures across North America and select international markets. Kwik Tek operates through a direct-to-consumer model combined with retail partnerships, facilitating the broad distribution of its products. Customers can buy individual items or bundles through various retail outlets and online platforms. Key products include the Gnar Neolite Kwik-Dry Life Jacket, priced from USD 53.


99, depending on size. This sales strategy promotes consistent revenue generation and strengthens customer loyalty within the watersport community. Looking ahead, Kwik Tek, Inc. plans to expand its product offerings with new watersport equipment aimed at enhancing user experiences, although specific launch dates are not disclosed.


The company is also targeting further expansion into international markets to increase its global reach. The acquisition in January 2017 supports these growth strategies, enabling the company to leverage additional resources for product innovation and market entry.


Current Investors

Falconhead Capital

Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods

Website

www.kwiktek.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Kwik Tek, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedKwik Tek, Inc.-
BuyoutCompletedKwik Tek, Inc.-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.