Slice, Inc.

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Slice, Inc. - overview

Established

2008

Location

Sunny Isles, FL, US

Primary Industry

Consumer Products

About

Slice, Inc. designs innovative cutting tools emphasizing safety and functionality, offering a variety of specialized knives and tools equipped with proprietary blade technology for users in diverse environments. Founded in 2008 by Tj Scimone in Sunny Isles, US, Slice, Inc. focuses on creating cutting tools that prioritize user safety.


The company was acquired by Safety Products Holdings, LLC, a portfolio company of Bertram Capital, in November 2021, enabling further expansion in the cutlery industry. Slice, Inc. specializes in innovative cutting tools designed to enhance safety and functionality. The company's flagship products include a range of ceramic safety knives, box cutters, utility knives, precision knives, micro-blade knives, scissors, and utility scrapers, all equipped with their proprietary finger-friendly® blade technology.


This design addresses common safety concerns associated with traditional cutting tools, allowing users across various sectors—including workplace environments, home use, and arts and crafts—to engage in cutting tasks with reduced risk of injury. The tools cater to a diverse customer base that encompasses both consumers and businesses, with particular emphasis on those requiring safe and efficient solutions for opening packages, cutting materials, and performing craftwork. Slice products are marketed globally, reaching customers in regions such as North America, Europe, and Asia, thus establishing a wide geographical presence. Slice, Inc.


generates revenue through direct sales of its cutting tools to both consumers and businesses. The company operates a transaction structure that includes direct-to-consumer sales through its website and partnerships with retailers and wholesalers. These transactions typically involve single purchases of individual tools, as well as bulk orders for businesses looking to equip their workplaces with safe cutting solutions. For instance, Slice may offer specific pricing plans for their utility knives and box cutters, which are often sold at competitive price points to appeal to both individual users and corporate clients.


Additionally, Slice's commitment to quality and safety has established a loyal customer base, further enhancing its revenue streams through repeat purchases and brand trust. Following its acquisition in November 2021, Slice, Inc. plans to utilize new resources to enhance its product lineup and expand its market reach. The company is currently designing new cutting tools set for release in upcoming quarters and aims to enter additional markets in Europe and Asia by the end of 2023.


The acquisition by Safety Products Holdings, LLC is expected to bolster Slice's capabilities, enabling the company to drive innovation and meet the needs of its diverse client base.


Current Investors

Safety Products Holdings, LLC

Primary Industry

Consumer Products

Sub Industries

Consumer Products

Website

www.sliceproducts.com

Verticals

E-commerce, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Slice, Inc. - 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-onCompletedSlice, Inc.-

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