Sheplers

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Sheplers - overview

Established

1899

Location

Wichita, KS, US

Primary Industry

Retail

About

Sheplers is a leading retailer specializing in authentic western wear, offering a wide range of cowboy boots, apparel, and accessories for men, women, and children. Founded in 1899, Sheplers operates as a retailer of western wear, focusing on cowboy boots, clothing, and accessories. The company has undergone significant change, being acquired by Boot Barn Holdings, Inc. in June 2015 for USD 147 mn.


Sheplers is headquartered in Wichita, Kansas, US and is notable for having completed 2 deals since its inception. The latest deal occurred on June 1, 2015, with Boot Barn Holdings, Inc. as the lead investor in the Add-on funding round. The total amount raised to date is USD 60 mn, with the most recent EBITDA recorded at USD 10.


10 mn in 2015. Sheplers is a retailer specializing in western wear, including a broad selection of cowboy boots, clothing, and accessories for men, women, and children. Its core offerings include high-quality footwear, apparel, and various western-themed accessories tailored for customers seeking durable clothing suitable for both casual and professional settings, particularly in agricultural, ranching, and outdoor industries. The company serves a robust customer base, including individual consumers and retailers.


While Sheplers primarily operates within the United States, it also ships internationally to markets such as Australia, Canada, and New Zealand. Sheplers generates revenue through direct-to-consumer sales, with a strong emphasis on e-commerce transactions. Customers can purchase products via the company's website, which often features promotional sales and discounts. Key revenue drivers include branded items like Cody James jeans and exclusive cowboy boots from brands like El Dorado and Bailey Hats.


The company enhances customer experience with free shipping on qualifying orders and a straightforward return policy, encouraging repeat purchases. In June 2015, Boot Barn Holdings announced its acquisition of Sheplers for USD 147 mn cash. The company plans to leverage this acquisition to expand its product lines and enhance its market presence. Future strategies include the design and launch of new product offerings aimed at increasing market share in the western wear segment.


Sheplers is targeting geographic expansion into additional international markets to grow its customer base further.


Current Investors

Freeman Spogli , Boot Barn Holdings, Inc.

Primary Industry

Retail

Sub Industries

Clothing Stores

Website

www.sheplers.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Sheplers - 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)
Add-on, Trade SaleCompletedSheplers-
BuyoutCompletedSheplers-

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