Tootonic Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Tootonic Ltd. - overview

Established

2009

Location

Swansea, -, UK

Primary Industry

Consumer Products

About

Tootonic Ltd. , based in the UK, is a prominent online retailer specializing in children's clothing, particularly pajamas, featuring beloved characters. The company offers a diverse range of apparel and accessories for various age groups, ensuring comfort and engagement for children. Founded in 2009, Tootonic Ltd.


operates as Character. com, focusing on retailing children's clothing and accessories. The company is headquartered in Swansea, UK. In September 2021, Business Growth Fund acquired a 23% minority stake in Tootonic Ltd.


, aiming to support its long-term growth plans. The founder's history is not specified. Character. com is a leading online retailer specializing in children's clothing, particularly pajamas, as well as a wide range of clothing and accessories that cater to various age groups, including infants, toddlers, and older children.


The core product offerings feature officially licensed merchandise from popular characters such as Bluey, Disney, Minecraft, and Peppa Pig, aiming to engage children and provide them with apparel that reflects their favorite characters. These products are designed with a focus on comfort, fun, and accessibility, appealing to both children and parents alike. The company serves a diverse customer base across several geographical markets, including the United Kingdom, Europe, North America, and Australia, ensuring that children worldwide can enjoy character-themed clothing and accessories. In the most recent year 2023, Tootonic Ltd.


reported a revenue of USD 106. 51 mn and an EBITDA of USD 1. 93 mn. Revenue primarily derives from direct-to-consumer sales on its e-commerce platform, facilitated by a straightforward online shopping experience.


Flagship products like character-themed pajamas significantly attract customers, supported by partnerships with retailers and wholesalers to enhance market presence. Tootonic Ltd. plans to further enhance its product offerings with new character-themed apparel set to launch in the near future, expanding their catalog with designs that resonate with current trends. The company is also targeting expansion into new markets, specifically in Asia and South America, by 2024 to broaden its global reach.


The recent acquisition by Business Growth Fund in September 2021 is intended to bolster these growth initiatives and support the development of their strategic plans.


Current Investors

BGF Investment Management

Primary Industry

Consumer Products

Sub Industries

Clothing, Accessories

Website

www.character.com

Verticals

E-commerce

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Tootonic Ltd. - 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)
BuyoutCompletedTootonic Ltd.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.