Mervin Manufacturing

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Mervin Manufacturing - overview

Established

1977

Location

Sequim, WA, US

Primary Industry

Travel & Leisure

About

Mervin Manufacturing is a producer of high-performance outdoor sports equipment, specializing in snowboarding, surfing, skiing, and skateboarding products crafted sustainably in the USA. Founded in 1977 in Seattle, US, Mervin Manufacturing designs and produces outdoor sports equipment. The company has pivoted its strategy to emphasize sustainable practices in manufacturing and is known for its zero hazardous waste factory. Stephanie Feld, the founder, played a crucial role in establishing the company’s ethos, while Anthony De Rocco and Seung Sik currently lead the operations.


Notably, Mervin secured USD 51. 500 mn in an Add-on Trade Sale funding round led by Extreme Holdings, Inc on December 19, 2022, marking its second deal. In April 2026, Spring Capital Group acquired Mervin Manufacturing. Mervin Manufacturing specializes in the design and production of high-performance snowboarding, surfing, skiing, and skateboarding products.


Their core offerings include snowboards, skis, surfboards, and skateboards, all handcrafted in the USA at their zero hazardous waste factory in Washington. The company prides itself on using environmentally friendly materials and employs a meticulous manufacturing process that encompasses cutting, milling, laminating, and finishing to create durable, high-quality products. Mervin’s customer base consists of outdoor sports enthusiasts and athletes who prioritize performance and sustainability in their gear. Their products are sold primarily in North America, Europe, and select international markets, catering to both individual consumers and retail outlets that focus on action sports equipment.


Mervin Manufacturing operates primarily through direct-to-consumer sales and partnerships with retail outlets that specialize in outdoor sports gear. Their revenue model includes transactions with retailers who order products in bulk and direct sales to consumers through their website and physical locations. The company emphasizes a strong connection between its manufacturing processes and the end-user experience, ensuring that each product meets the high standards expected by its customers. Flagship products, including their Lib Tech and GNU brand snowboards, command premium pricing reflecting their unique technology and environmentally conscious production methods.


The firm’s commitment to quality and sustainability reinforces customer loyalty, contributing to consistent revenue generation through both established retail partnerships and direct sales channels. Mervin Manufacturing plans to leverage the recent funding to enhance its working capital and support growth initiatives. The company is designing new products aimed at expanding its offerings in the outdoor sports market. Additionally, Mervin Manufacturing aims to enter new geographic regions, focusing specifically on increasing its market presence in Europe and Asia by 2025.


The financing secured in December 2022, which includes a USD 10 million revolving line of credit and a USD 5 million senior secured term loan, will facilitate these expansion efforts.


Current Investors

Altamont Capital Partners, Extreme Holdings, Inc

Primary Industry

Travel & Leisure

Sub Industries

Fitness & Wellness Facilities, Rubber & Plastics

Website

www.mervin.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Mervin Manufacturing - 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)
Private DebtCompletedMervin Manufacturing-
Add-on, Trade SaleCompletedMervin Manufacturing-

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Mervin Manufacturing - employee data

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Mervin Manufacturing - key contacts

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