Reed & Barton

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Reed & Barton - overview

Established

1824

Location

Taunton, MA, US

Primary Industry

Retail

About

Reed & Barton specializes in crafting high-quality tableware and giftware, offering a diverse range of products that embody elegance and functionality for home entertaining and special occasions. Founded in 1824 in Taunton, US, Reed & Barton is renowned for its fine silverware and home goods. In April 2015, the company was acquired by Lenox Group Inc. , a portfolio company of Clarion Capital Partners, marking a strategic shift in its operations.


The acquisition was finalized in May 2015. Reed & Barton produces a variety of high-end consumer goods, including tableware, flatware, drinkware, and giftware. The company emphasizes craftsmanship and design, catering to discerning customers looking to enhance their dining experiences. Key offerings include elegant serving pieces and decorative items that appeal to both individual consumers and gift buyers, distributed across markets in North America, Europe, and parts of Asia.


Reed & Barton generates revenue through direct consumer sales and partnerships with various retailers and wholesalers. The sales channels include online platforms as well as physical retail stores, with products priced to reflect their quality. The revenue model incorporates flagship items, seasonal collections, and promotional events aimed at increasing customer engagement. Reed & Barton is focused on expanding its product line to include new designs scheduled for release in the upcoming year, aiming to cater to emerging consumer trends.


The company is also exploring opportunities to enter new geographical markets, specifically targeting regions in Asia by 2025. Funding from the recent acquisition will support these initiatives, enhancing production capabilities and marketing efforts to solidify its presence in these new territories.


Current Investors

Lenox Corporation

Primary Industry

Retail

Sub Industries

Consumer Products, Department Stores

Website

www.reedandbarton.com

Company Stage

Add-on

Total Amount Raised

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Reed & Barton - 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)
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