TheraPearl LLC

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TheraPearl LLC - overview

Established

2008

Location

Columbia, MD, US

Primary Industry

Consumer Products

About

TheraPearl LLC specializes in innovative therapeutic products designed for pain relief and rehabilitation, enhancing health and wellness for consumers. TheraPearl LLC is focused on developing therapeutic products that provide relief through hot and cold therapy. The company was founded in 2008 in Columbia, US. In June 2014, the company was acquired by Performance Health, a portfolio company of Gridiron Capital and Maranon Capital.


The company specializes in providing an eCommerce platform that empowers businesses to establish and manage online stores effectively. Its core offerings encompass a comprehensive suite of tools designed to facilitate product listing, shopping cart management, payment processing, and customer engagement. The platform supports various end-use cases, such as enabling small to medium-sized enterprises (SMEs) to transition from physical retail to online sales, enhancing their market reach and operational efficiency. The clientele primarily consists of entrepreneurs, retailers, and brands across multiple industries, particularly in North America, Europe, and Asia-Pacific regions.


Additionally, the platform is tailored to serve diverse customer segments, including direct-to-consumer brands, businesses looking to expand their digital footprint, and established retailers seeking to optimize their online operations. The company's revenue model is structured around subscription plans that cater to a wide range of business needs. Clients subscribe to various tiers based on their requirements, which provide access to a range of features including website hosting, payment processing, and analytics tools. The typical transaction structure involves businesses paying a monthly fee in exchange for software access, along with transaction fees for sales processed through the platform.


These fees are applied to sales made by businesses using the company's eCommerce tools, creating a steady revenue stream. The flagship product offerings facilitate seamless commerce experiences, ensuring businesses can efficiently manage sales while delivering value to their customers. The company is committed to expanding its product line and enhancing its platform capabilities. There are plans to launch new features aimed at improving user experience and functionality by the end of 2024.


In addition, TheraPearl LLC is looking to enter new international markets, specifically targeting regions in Europe and Asia by 2025. The acquisition by Performance Health in June 2014 will provide support for these initiatives, leveraging resources and networks to accelerate growth.


Current Investors

Performance Health Holding, Inc.

Primary Industry

Consumer Products

Sub Industries

Consumer Products, Medical Equipment Distributors

Website

www.therapearl.com

Company Stage

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Total Amount Raised

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TheraPearl 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)
Add-onCompletedTheraPearl LLC-

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