Preheels, LLC
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Preheels, LLC - overview
Established
2016
Location
Los Angeles, CA, US
Primary Industry
Consumer Products
About
Preheels, LLC is a company focused on innovative foot protection solutions, offering products designed to enhance comfort and reduce pain for individuals who wear high-heeled shoes. Founded in 2016 in Los Angeles, US, Preheels, LLC specializes in creating protective products for high heel wearers. The company was established to address common discomfort issues associated with high-heeled footwear, allowing consumers to enjoy fashionable footwear without sacrificing comfort. The acquisition by The Cambria Group involved undisclosed financial terms, highlighting the company's strategic growth.
Barefoot Scientist™ is a premium foot care brand that specializes in scientifically advanced self-care products designed to address various foot and nail health issues. The company’s core offerings include a range of clinically formulated products aimed at cleansing, softening, protecting, and repairing feet and nails. Key products include High Dive intensive hydration cream, Twinkle Toes deodorizing purification spray, and Sleep On It overnight moisturizing gel socks, all designed to cater to diverse customer needs such as dry skin, foot odor, and nail health. These products serve consumers looking for effective solutions to enhance foot comfort and hygiene, particularly individuals who prioritize self-care and wellness in their daily routines.
Barefoot Scientist products are marketed primarily in North America and are also aimed at customers in Europe and other regions, with distribution through both direct-to-consumer sales on their website and partnerships with retailers. The revenue model for Barefoot Scientist™ is primarily based on direct-to-consumer sales, bolstered by retail partnerships that extend the reach of their product offerings. Customers can purchase individual products at set prices, such as USD 29. 00 for High Dive intensive hydration cream and USD 19.
00 for Twinkle Toes deodorizing purification spray. The company may also offer value sets and seasonal promotions to incentivize bulk purchases, enhancing customer retention and increasing average transaction values. Transactions typically occur through their e-commerce platform and selected retail outlets, providing consumers with convenient access to their products. The brand's focus on innovative solutions for common foot care concerns allows it to maintain a competitive edge within the wellness market, appealing to both individual consumers and potential wholesale partners.
Preheels, LLC plans to expand its product line by introducing new foot protection solutions tailored for high-heeled shoe wearers, targeting a launch in the next 12 months. The company aims to penetrate additional international markets, particularly focusing on Europe and Asia, by the end of 2024. The recent acquisition by The Cambria Group will facilitate these initiatives, providing the necessary resources to enhance product development and market outreach.
Current Investors
The Cambria Group
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene
Website
www.preheels.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Preheels, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Preheels, LLC | - |
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