Goode Partners LLC has made a minority investment in Incipio. Financial terms weren’t announced. Irvine, California-based Incipio designs and makes mobile device accessories and technology. Wunderlich served as Incipio’s financial advisor and Latham & Watkins LLP acted as its legal advisor for the transaction. Jones Day served as legal advisor to Goode Partners.
January 04, 2016 09:00 AM Eastern Standard Time
IRVINE, Calif.–(BUSINESS WIRE)–Incipio®, today announced that Goode Partners LLC, a New York-based private equity firm, completed a minority investment in Incipio, a designer and manufacturer of mobile device accessories and technology. Incipio has established a high-growth platform built on owned and licensed brands that maximizes category performance in the mobile device industry. Incipio acquired Incase and ClamCase in 2015 and Braven and Tavik in years prior.
“The strategic investment from Goode Partners validates Incipio’s track record of significant growth and will enable the Incipio platform to reach its full potential,” said Andy Fathollahi, Founder and CEO of Incipio. “Goode Partners has extensive experience in high growth consumer strategies and will be a great asset in helping us carry out our core business objectives, including support in identifying and executing future acquisitions.”
“We very much look forward to the partnership that has been created with Incipio. Andy and his team have done a remarkable job building an incredible platform across numerous tiers of distribution with great brands across many mobile classifications. This has been the result of paying very close attention to core product development principles for their customers, coupled with a world-class logistical system. We truly admire the culture that has been built within the company across all functional areas of the business and feel this has resonated all the way through to the product,” commented Keith Miller of Goode Partners.
The financial details and terms of the minority investment from Goode Partners LLC remain confidential.
Wunderlich served as Incipio’s financial advisor and Latham & Watkins LLP acted as its legal advisor for the transaction. Jones Day served as legal advisor to Goode Partners.
Customer focused, product centric.
Founded in Southern California in 1999, Incipio is driven by a passion to connect consumers with amazing products worldwide.
The strategy behind our success is based on unsurpassed operational dexterity coupled with a commitment to product design; all backed by a robust manufacturing proficiency. We position our diverse range of company owned brands and licensed properties at the intersection of technology and lifestyle to address the needs and individual preferences of today’s consumer.
Our expansive and ever-growing global presence allows us to deliver products to a diversified customer base quickly and efficiently. Today, Incipio® has a reach of over 50,000 doors worldwide spanning multiple categories across the tech and lifestyle markets cementing Incipio as the dominant global supplier in the industry.
Incipio® is an award-winning designer and manufacturer of mobile device accessories and technology solutions.
Incase® is the original designer and manufacturer of bags and accessories centered on the lifestyles of individuals who create on the Apple device platform.
Braven is a premium Bluetooth® high fidelity audio brand and is now one of the fastest growing wireless audio brands in the industry.
Tavik is an original lifestyle brand cultivated from modern beach culture and is recognized for redefining and uniting the modern age with beach heritage.
ClamCase is a designer and manufacturer of protective iPad keyboard cases dedicated to enhancing productivity.
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About Goode Partners:
Goode Partners LLC is a New York-based private equity firm that focuses exclusively on investment opportunities in the retail, restaurant, apparel, direct marketing and branded consumer products sectors. The firm has established itself as a partner of choice by leveraging its unique combination of investment capital, a team of professionals with experience investing in and operating some of the world’s premiere consumer brands and an extensive industry network. Goode seeks to partner with the owners and managers of well-positioned, high-growth potential consumer-oriented companies. More information on Goode Partners and its team can be found on the firm’s website www.goodepartners.com.