RUBIES II, LLC

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RUBIES II, LLC - overview

Established

1972

Location

Westbury, NY, US

Primary Industry

Consumer Products

About

Rubies II, LLC is a prominent designer and manufacturer of costumes and themed celebration products, catering to various festive occasions beyond just Halloween. Rubies II, LLC specializes in the design and manufacture of costumes and celebration products. Founded in 1972 in Westbury, US, the company has undergone strategic pivots to broaden its product offerings. Liz Edwards, Marc Beige, and Ralf Gordebeke currently lead the company as CEOs.


The company has completed one deal, with the most recent transaction occurring on October 21, 2020. Rubies II, LLC specializes in a broad array of costume and celebration products that extend beyond traditional Halloween offerings. Their primary focus includes creating costumes, accessories, and themed decorations designed to inspire creativity and imaginative expression across various festive occasions. The company serves a diverse client base, which includes individual consumers, retailers, and wholesalers, who seek to enhance celebrations through innovative product selections.


Rubies’ products cater to both B2C and B2B markets, with geographical reach encompassing major markets in North America, Europe, and select regions in Asia. The company stays attuned to current trends, ensuring that their offerings align with evolving consumer preferences while maintaining a commitment to high-quality materials and designs. Rubies II, LLC generates revenue through a multifaceted transaction structure that includes sales to retailers, wholesalers, and direct-to-consumer channels. The company offers various flagship products that contribute to its revenue stream, such as popular licensed costumes and accessories that resonate with both children and adults.


Transactions typically occur at the wholesale level, where retailers purchase bulk quantities for resale, while direct consumers can access these products through the company's online platform. The pricing structure for these products varies, reflecting the breadth of offerings, from affordable costumes to premium licensed merchandise. This diversified approach allows Rubies to cater to different market segments and maximize their revenue potential across various distribution channels. Rubies II, LLC is actively designing and planning to launch several new product lines aimed at enhancing their seasonal offerings.


Specifically, the company targets an expansion into additional markets across Europe and parts of Asia by the end of 2023. The recent funding obtained in October 2020 will be instrumental in supporting these initiatives, allowing the company to invest in product development and market entry strategies.


Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods

Website

www.rubies.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

RUBIES II, LLC - 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 DebtCompletedRUBIES II, LLC-

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