XD Connects B.V.
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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 Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 35,375,223 | 34,972,079 | 38,762,513 | 44,160,508 | - | 69,519,971 | 81,157,662 | 63,437,038 | 89,344,529 | - | - | - |
| % Revenue Growth (YoY) | - | (1.1%) | 10.8% | 13.9% | - | - | 16.7% | (21.8%) | 40.8% | - | - | - |
| EBITDA (USD) | 3,118,064 | (592,589) | 1,445,563 | 3,849,828 | - | 13,953,701 | 16,940,040 | 12,626,629 | 19,824,213 | - | - | - |
| Operating Income (USD) | 2,882,861 | (997,323) | 784,216 | 3,153,361 | - | 13,366,714 | 16,323,958 | 12,205,518 | 19,441,453 | - | - | - |
| Operating Margin | 8.1% | (2.9%) | 2.0% | 7.1% | - | 19.2% | 20.1% | 19.2% | 21.8% | - | - | - |
| % EBITDA Margin | 8.8% | (1.7%) | 3.7% | 8.7% | - | 20.1% | 20.9% | 19.9% | 22.2% | - | - | - |
| NET Income (USD) | 2,101,466 | (924,821) | 595,406 | 2,330,770 | - | 10,036,057 | 12,189,251 | 9,229,459 | 14,689,895 | - | - | - |
| % Net Margin | 5.9% | (2.6%) | 1.5% | 5.3% | - | 14.4% | 15.0% | 14.5% | 16.4% | - | - | - |
XD Connects B.V. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Announced | XD Connects B.V. | - | ||||||||
| Add-on | Announced | Vinga of Sweden AB | - | ||||||||
| Secondary Buyout | Completed | XD Connects B.V. | - | ||||||||
| Buyout | Completed | XD Connects B.V. | - |
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