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Established
2013
Location
Charleston, SC, US
Primary Industry
Retail
About
Marolina Outdoor, Inc. is a company dedicated to creating innovative outdoor apparel and gear for enthusiasts, ensuring high performance and reliability in various outdoor activities such as fishing, hiking, and water sports. Founded in 2013 by Joshua Reed, Marolina Outdoor, Inc. operates from Charleston, US.
The company specializes in high-performance outdoor gear and apparel and has engaged in two notable deals, with the latest being on August 13, 2019. Dean Rurak serves as the CEO, overseeing the company's strategic direction and growth. Marolina specializes in a diverse range of innovative products designed primarily for outdoor enthusiasts and active consumers. Their core offerings include high-performance apparel and gear that cater to various outdoor activities such as fishing, hiking, and water sports.
These products are engineered with advanced materials to enhance comfort, functionality, and durability, addressing the specific needs of users who require reliable performance in challenging environments. Marolina's customer base encompasses recreational participants, professional athletes, and outdoor retailers, expanding their reach across North America, Europe, and select markets in Asia. The company aims to deliver solutions that elevate the outdoor experience, with a commitment to sustainability and ethical manufacturing practices integrated into their product development process. Marolina's revenue generation model primarily consists of direct-to-consumer sales and B2B partnerships with retailers and wholesalers.
The company offers a selection of flagship products that are available at competitive pricing, contributing to robust sales volumes. Transactions typically occur through established distribution channels where retailers stock Marolina's products, facilitating a broad market presence. Additionally, the company may engage in exclusive partnerships with specialty retailers, enhancing customer access to their unique offerings. The revenue structure is supported by various pricing plans that reflect the quality and technological advancements of their products, though specific pricing details for individual items are not disclosed.
This strategic approach allows Marolina to maintain a steady revenue stream while expanding its market footprint. Marolina Outdoor, Inc. is focusing on developing new product lines aimed at enhancing outdoor performance, with several launches expected in the upcoming year. The company is also planning to expand its market presence into targeted regions in Asia and Europe by 2025.
The recent funding round on August 13, 2019, is expected to support these initiatives, allowing Marolina to innovate and reach new customers in these expanding markets.
Goode Partners
Retail
Recreational Hobbies & Sporting Goods, Footwear, Clothing Stores, Recreational Product Stores
www.marolina.com
Mature - Growth Capital
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Marolina Outdoor, Inc. | - | ||||||||
| Growth | Completed | Marolina Outdoor, Inc. | - |
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