Stripes (growth equity firm)
| File:Strips LLC Updated Logo.png Stripes Logo | |
 Stripes office in New York | |
| Company type | Privately held company |
|---|---|
| Industry | |
| Founded | 2008 |
| Founder | Ken Fox |
| Headquarters | 402 West 13th Street New York, New York, US |
| Products | |
| Total assets | US$2 billion[citation needed] |
| Website | www.stripesgroup.com |
Stripes (Stripes Group LLC) is a private equity and venture capital firm based in Manhattan, New York, founded in 2008.[1][2][3] The firm focuses on acquiring well-developed start-ups, and makes US$10-150 million investments in small companies.[2] In 2019, Stripes had US $2 billion of assets under management and 41 investments.[4] The firm's portfolio investments include Blue Apron and Refinery29.[5]
History
Stripes was founded by Ken Fox in 2008.[6]
Investments
Stripes specializes in emerging growth, growth equity, add-on acquisitions, middle market, stand alone investments, divestitures, management buy-ins, buyouts and take-private transactions.[7] The firm uses various M&A strategies as part of its investment model.[8]
Stripes' list of portfolio investments and committed capital include:[2][5]
| Company | Size/ Committed Capital in US$ | ||
|---|---|---|---|
| Art.com[2] | N/A | ||
| Audio Network[9] | N/A | ||
| Blue Apron[10] | |||
| Elance[11] | |||
| eMarketer[12] | |||
| Epic Advertising (merged with Connexus)[13] | Folica.com[14] | N/A | |
| Kareo[15] | |||
| Kinetic Social[16] | |||
| MyWebGrocer (acquired by HGGC)[17] | |||
| Netbiscuits[18] | |||
| NetQuote (acquired by Bankrate)[19] | N/A | ||
| Pond5[20] | |||
| Refinery29[21] | |||
| Sandata[22] | N/A | ||
| SilverSky (formerly Perimeter eSecurity)[23] | |||
| SmartWool (acquired by Timberland Corporation)[24] | N/A | ||
| Turtle Beach[25] | N/A |
References
- ^ Commercial Observer: Check Out Stripes Group’s New Home at 402 West 13th Street as accessed on March 24, 2014.
- ^ a b c d CrunchBase: Stripes Group as accessed on November 8, 2019.
- ^ "Schedule 13D". www.sec.gov. April 11, 2018. Retrieved November 8, 2019.
{{cite web}}: CS1 maint: url-status (link) - ^ "About Stripes". www.stripes.co. Retrieved November 8, 2019.
{{cite web}}: CS1 maint: url-status (link) - ^ a b Stripes Group as accessed on March 24, 2014.
- ^ CNNMoney: Where Are They Now? as accessed on March 24, 2014
- ^ Business Week: Stripes Group as accessed on March 24, 2014.
- ^ Stowell, David. Investment Banks, Hedge Funds, and Private Equity. Waltham, MA: Academic, 2013. Print.
- ^ Finsmes: Audio Network Receives Minority Investment from Stripes Group as accessed on March 24, 2014.
- ^ TechCrunch: Blue Apron Closes $50M Led By Stripes Group At $450M Valuation as accessed on April 30, 2014.
- ^ TechCrunch: Online Job Marketplace Elance Raises $16M as accessed on March 24, 2014.
- ^ AdWeek: $25M Investment eMarketer Girds New Growth as accessed on March 24, 2014.
- ^ Online Marketing: Connexus Merges with Epic as accessed on March 24, 2014.
- ^ Beauty Store Business: Folica as accessed on March 24, 2014.
- ^ Health2Con: Kareo Raises as accessed on March 24, 2014.
- ^ AdExchanger: Kinetic Raises as accessed on March 24, 2014.
- ^ TechCrunch: MyWebGrocer Raises as accessed on March 24, 2014.
- ^ TechCrunch: Netbiscuits Raises By Stripes as accessed on March 24, 2014.
- ^ PR Newswire: Stripes Group Acquires NetQuote as accessed on March 24, 2014.
- ^ WSJ.com: Shutterstock and Getty Images Competitor Pond5 Raises $61 Million as accessed on July 17, 2014.
- ^ TechCrunch: Refinery29 Raises 20 Million From Stripes Group as accessed on March 24, 2014.
- ^ Finsmes: Sandata Receives Minority Investment From Stripes Group as accessed on March 24, 2014.
- ^ PEHub: eSecurity Keeps Raising as accessed on March 24, 2014.
- ^ Washington Post: Timberland to buy SmartWool as accessed on March 24, 2014.
- ^ The Middle Market: Stripes Group Buys Turtle Beach Gaming Headset as accessed on March 24, 2014.