Trinity Investors has completed a $3.15 million equity funding round for Freedom Powersports, enhancing its working capital and facilitating continued expansion in the thriving powersports market.
Information on the Target
Freedom Powersports is a rapidly growing retail company specializing in powersports vehicles and associated products. Since its inception, the company has experienced substantial growth, expanding from merely two locations with an annual revenue of $15 million to an impressive 14 locations generating over $120 million in annual revenue. This significant growth trajectory highlights Freedom Powersports' robust business model and strong market positioning within the powersports industry.
The recent equity funding, amounting to $3.15 million, represents the fourth round of investment from Trinity Investors, bringing the total equity investment to $9.73 million. This capital injection aims to enhance the company's working capital and facilitate the acquisition and improvement of real estate assets.
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Industry Overview
The powersports industry in the United States has seen a dynamic transformation in recent years, driven by increasing consumer interest in recreational activities and outdoor adventures. This s
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Trinity Investors
invested in
Freedom Powersports
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $3M
Revenue: $120M
Enterprise Value: $120M
Equity Value: $10M
Multiples
EV/Revenue: 1.0x
P/Revenue: 0.1x