Topspin Consumer Partners Invests In Leading Sweat Control Brand Carpe
2024年8月20日 - 8:30PM
ビジネスワイヤ(英語)
Topspin Consumer Partners (“Topspin”), an operationally-driven
private equity firm focused on the consumer sector, today announced
its investment in Carpe (or the “Company”), a disruptive,
digitally-native sweat control brand that has revolutionized custom
sweat solutions for the entire body. Financial terms of the
transaction were not disclosed.
Topspin is partnering with Carpe founders David Spratte and
Kasper Kubica, who will continue to lead the business going
forward. Established in 2015 in Durham, NC, Carpe has grown from a
cult favorite solution for excessively sweaty hands — a condition
the founders personally faced — to a full range of
dermatologist-tested products targeting the entire body, including
underarm antiperspirant, anti-sweat cosmetics, and sweat absorbing
products for neglected areas like breast, thigh, groin, and scalp.
Carpe’s success is driven by its time-tested, proprietary formulas
that focus on efficacy without compromising scent or comfort, and
the personal connection the two founders have developed with
customers. Carpe sells direct to consumers through its own website
and e-commerce marketplaces.
“From the day we first met Topspin three years ago, we wanted to
work with them. Their proven track-record of scaling personal care
and e-commerce businesses and launching brands into
brick-and-mortar retail makes them the ideal partner for us as we
enter our next phase of growth and aim to reach everyone who could
benefit from better sweat solutions,” said David Spratte,
Co-founder & CEO of Carpe. “With Topspin's strategic guidance
and resources, we are confident that we can accelerate our mission
to provide innovative and effective sweat solutions to customers
around the world. We’re incredibly proud of what our team has
accomplished thus far and look forward to the exciting
opportunities ahead.”
“We are thrilled to partner with Carpe, a company that perfectly
exemplifies the entrepreneurial spirit and customer-centric
approach we value at Topspin,” said Leigh Randall, Managing Partner
at Topspin. “David and Kasper, with the support of their team, have
done an exceptional job in growing the business by continuously
innovating and responding to consumer feedback. This investment
reflects our commitment to partnering with fast-growing,
founder-led brands that are disrupting their markets, and we're
excited to support Carpe's continued growth and success.”
KeyBanc Capital Markets Inc. served as financial advisor to
Carpe.
About Carpe
Founded in 2015, Carpe provides a system of effective sweat
management products to help tackle sweating at the source. Carpe’s
dermatologist-tested full-body product suite spans hand lotion,
underarm antiperspirant, sweat-proof cosmetics and hair care
products, and more. Developed with the help of a panel of medical
advisors, Carpe is the #1 dermatologist recommended antiperspirant
brand for whole-body sweat protection. Visit https://mycarpe.com/
for more information.
About Topspin Consumer Partners
Topspin Consumer Partners is a Mamaroneck, NY-based private
equity firm that makes investments in established, profitable, and
fast-growing middle-market consumer businesses. The firm invests
across a number of sub-verticals within consumer, including health
& wellness, personal care, beauty, food & beverage,
household goods, pet, and children's products. The Topspin team has
considerable operational expertise and collaborates with
founder-owners and management teams to build businesses of varying
stages and sizes. For more information, please visit
www.topspincp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240819667319/en/
Media Julie Rudnick / Nick Rust FGS Global
TopspinCP@fgsglobal.com