XD Connects B.V.

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.

XD Connects B.V. - overview

Established

1986

Location

-, -, Netherlands

Primary Industry

Consumer Products

About

Based in the Netherlands, Xindao B. V. specializes in a diverse array of products that enhance everyday experiences through personalization and functionality, catering to both individual consumers and businesses. Xindao B.


V. is a company that focuses on providing various consumer products. Founded in 1986 in Rijswijk, Netherlands, it operates under the leadership of CEO Albert Van Der Veen. In July 2019, Gilde Buy Out Partners acquired Xindao B.


V. from Perusa, marking a strategic shift in ownership. The company has successfully completed two deals since its inception, with its most recent deal occurring on July 23, 2019. Xindao B.


V. offers a wide range of products that include textiles, bags, drinkware, and tech accessories, designed for individual consumers and businesses alike. Their catalog encompasses categories such as apparel (T-shirts and sweatshirts), travel accessories (backpacks and toiletry bags), and outdoor products (picnic items and sunglasses). These items serve multiple purposes, including corporate gifting and personal use, targeting clients across North America, Europe, and select markets in Asia.


The company emphasizes quality and sustainability, showcasing a commitment to environmentally responsible products. In the most recent fiscal year of 2023, Xindao B. V. reported a revenue of USD 143.


07 mn and an EBITDA of USD 34. 89 mn, reflecting its strong operational performance and market presence. Moving forward, Xindao B. V.


plans to introduce new products aimed at enhancing user experiences, with specific launches expected in the near future. The company is also targeting expansion into new markets, particularly in Asia and the Americas, by 2025. The capital from the acquisition by Gilde Buy Out Partners will be utilized to support these growth initiatives, focusing on product development and market penetration strategies.


Current Investors

Rivean Capital

Primary Industry

Consumer Products

Sub Industries

Accessories, Clothing, Consumer Electronics, Recreational Hobbies & Sporting Goods

Website

www.xindao.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

XD Connects B.V. - financials

Fiscal Year EndedDec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)35,375,22334,972,07938,762,51344,160,508-69,519,97181,157,66263,437,03889,344,529---
% Revenue Growth (YoY)-(1.1%)10.8%13.9%--16.7%(21.8%)40.8%---
EBITDA (USD)3,118,064(592,589)1,445,5633,849,828-13,953,70116,940,04012,626,62919,824,213---
Operating Income (USD)2,882,861(997,323)784,2163,153,361-13,366,71416,323,95812,205,51819,441,453---
Operating Margin8.1%(2.9%)2.0%7.1%-19.2%20.1%19.2%21.8%---
% EBITDA Margin8.8%(1.7%)3.7%8.7%-20.1%20.9%19.9%22.2%---
NET Income (USD)2,101,466(924,821)595,4062,330,770-10,036,05712,189,2519,229,45914,689,895---
% Net Margin5.9%(2.6%)1.5%5.3%-14.4%15.0%14.5%16.4%---

XD Connects B.V. - 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-on, Trade SaleAnnouncedXD Connects B.V.-
Add-onAnnouncedVinga of Sweden AB-
Secondary BuyoutCompletedXD Connects B.V.-
BuyoutCompletedXD Connects B.V.-

Displaying 1 - 4 of 4

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.