Winc Australia Pty Limited
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.
Winc Australia Pty Limited - overview
Location
Sydney, NSW, Australia
Primary Industry
Retail
About
Winc Australia Pty Limited, located in Sydney, Australia, is a provider of office supplies and workplace solutions catering to businesses, focusing on efficiency and sustainability. Winc Australia Pty Limited specializes in supplying workplace essentials, including furniture and technology solutions. Founded by Dipon Banna and Margret Brakenhoff, the company has undergone strategic changes in its operations. Winc has a presence in Sydney, Australia, and has been involved in two notable deals, with the most recent occurring on 19 April 2018 when Platinum Equity exited its stake in Winc New Zealand.
The company is led by CEO Peter Kelly. Winc primarily offers a comprehensive range of workplace supplies that include furniture, stationery, hygiene products, and technology solutions tailored for businesses with over 20 employees. Their solutions aim to enhance workplace efficiency and sustainability, emphasizing Australian Made products. The EarthSaver classification helps customers identify eco-friendly products, catering to a variety of sectors, including corporate offices, educational institutions, and government organizations across Australia and potentially international markets.
In 2017, Winc reported a revenue of AUD 620,885,484 and an EBITDA of AUD 31,159,611. The company operates on a business-to-business revenue model, focusing on direct sales to corporate clients, which includes bulk purchasing and potential subscription services for enhanced loyalty and streamlined procurement processes. Winc's future growth strategy includes launching new products aimed at improving workplace sustainability and efficiency, although specific details on the release dates are not disclosed. The company plans to expand its market presence, particularly targeting regions within Australia and potentially international markets by the end of 2020.
The financial backing from its most recent deal in April 2018 will support these initiatives, particularly in enhancing product offerings and expanding client reach.
Current Investors
Platinum Equity
Primary Industry
Retail
Sub Industries
Office Suppliers, Retail
Website
www.winc.com.au
Verticals
E-commerce
Total Amount Raised
Subscriber access only
Winc Australia Pty Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Winc Australia Pty Limited | - | ||||||||
| Buyout | Completed | Winc Australia Pty Limited | - |
Displaying 1 - 2 of 2
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.