Kwik Tek, Inc.
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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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Kwik Tek, Inc. | - | ||||||||
| Buyout | Completed | Kwik Tek, Inc. | - |
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