Designer and Distributor of Archery Equipment

Description:
The company is a premium designer of archery equipment with an emphasis on innovative product development and industry leading customer service. The company sells its products through two primary channels: 1) direct-to-consumer (D2C) and 2) retail partnerships, both domestically and abroad.

Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 192.2% and 120.4%, respectively, from 2019 to 2022
• Average adjusted EBITDA margins of 16.7% from 2019 to 2022
• Strong reputation of top-quality products and a well-crafted brand identity
• Robust intellectual property (IP), consisting of patented designs and an extensive portfolio of trademarked wordmarks and logos
• Experienced employees with ability to innovate and develop creative product designs

Opportunities:
• Continue with the company’s emphasis on investing in research & development and expanding into new product categories
• Focus on establishing agreements with sporting, outdoors, and hunting equipment retailers
• Expand currently served international markets
• Implement effective sales and marketing strategies to increase brand recognition
• Focus on inventory growth to meet the increasing demand for the company's products

Headquartered:
• Southeast US

Current Markets:
• The company primarily serves target archers and bowhunters through a D2C sales channel on its website and business-to business (B2B) sales to third-party retailers. Products are sold both in the US and internationally, with the bulk of the revenue being derived from domestic sales.

Real Estate:
• The company operates from a 18,000 sq. ft. facility leased from an unrelated third party.

Shareholder Ownership:
• The company is wholly owned by a single shareholder who is seeking a strategic partner that can help scale the business.