Singer Sewing Company
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Singer Sewing Company - overview
Established
1851
Location
La Vergne, TN, US
Primary Industry
Consumer Products
About
Singer Sewing Company is a prominent manufacturer specializing in sewing and embroidery machines, providing essential tools for both amateur and professional sewers. Singer Sewing Company, founded in 1851, operates as a manufacturer of sewing machines and related products. The company is headquartered in La Vergne, US. In February 2006, Kohlberg & Company acquired VSM Group Holding AB to merge it with Singer Sewing Company, forming SVP Worldwide, Inc.
The firm has completed 2 deals, with the most recent being on February 13, 2006. The company has raised a total of USD 134. 00 mn, with the latest funding round being a Buyout led by Kohlberg & Company. SINGER® specializes in the manufacturing and retailing of sewing and embroidery machines, along with a comprehensive range of accessories and sewing supplies.
Their core product offerings include versatile sewing machines suitable for various applications such as quilting, garment construction, and home décor projects. These machines are designed with user-friendly features, catering to both beginners and experienced sewers. SINGER’s products, including the Heavy Duty series and Quantum Stylist models, are engineered for durability and performance, addressing the needs of a diverse customer base that includes hobbyists, professional crafters, and educational institutions. The company serves global markets, with notable sales in North America, Europe, and select countries in Latin America and Asia, ensuring a broad reach among sewing enthusiasts and professionals around the world.
SINGER® generates revenue primarily through direct-to-consumer sales and partnerships with retailers and wholesalers. Their product pricing varies, with flagship models such as the Heavy Duty 4452 and Quantum Stylist 9960 offered at competitive rates, appealing to both entry-level and advanced users. The company also provides additional revenue streams through the sale of accessories and supplies that complement their machines, further enhancing the user experience. Transactions are structured to facilitate both individual purchases and bulk orders, catering to a wide range of customer needs from casual buyers to larger entities such as fabric retailers and educational institutions.
The inclusion of special promotions, such as discounts on refurbished machines and loyalty rewards programs, supports customer retention and encourages repeat business. As of now, Singer Sewing Company is focused on expanding its product line and exploring new market opportunities. They have plans to design and launch innovative sewing machines, although specific release dates have not been disclosed. The company is also targeting expansion into new geographic regions, with particular emphasis on increasing their presence in key markets across Asia and Latin America by 2025.
The recent funding of USD 134. 00 mn will support these initiatives, aiming to enhance product development and market penetration.
Primary Industry
Consumer Products
Sub Industries
Household Appliances
Website
www.singer.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Singer Sewing Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Singer Sewing Company | - | ||||||||
| Buyout | Completed | Singer Sewing Company | - | ||||||||
| Unspecified Exit | Completed | SVP Worldwide, Inc. | - |
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