About Bestar
Bestar is a company based in Lac-megantic (Canada) founded in 1948 by Besner was acquired by Novacap in July 2017.. Bestar has completed 1 acquisition, including Bush. Bestar offers products and services including Murphy Beds, Closet Organizers, Desks, and Storage Cabinets.
- Headquarter Lac-megantic, Canada
- Founders Besner
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Sectors
Consumer
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Phone
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Website
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Social
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Products & Services of Bestar
Bestar offers a comprehensive portfolio of products and services, including Murphy Beds, Closet Organizers, Desks, and Storage Cabinets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Foldable beds that optimize room space for homes
Modular systems for wardrobe and organizational needs
Workstations including standing and L-shaped designs
Cabinets for shelving and file organization in homes
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Leadership Team
1 people
Systems Team
1 people
Directeur Team
1 people
Buyer/import Team
1 people
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Funding Insights of Bestar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bestar
Bestar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NovaCap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Acquisitions are targeted by Novacap, a private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bestar
Bestar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bush. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer and distributor of furniture for homes and offices
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1959 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bestar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bestar Comparisons
Competitors of Bestar
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bestar
Frequently Asked Questions about Bestar
When was Bestar founded?
Bestar was founded in 1948.
Where is Bestar located?
Bestar is headquartered in Lac-megantic, Canada. It is registered at Lac-megantic, Quebec, Canada.
What does Bestar do?
Bestar was established in 1948 in Lac Megantic, Canada, within the furniture manufacturing sector. Ready-to-assemble products, including Murphy beds, closet organizers, cabinet beds, desks, and storage solutions, are produced for home and office use. Operations emphasize space-efficient designs. Assembly guides and customer support services are offered. The company maintains production facilities in Canada, focusing on functional furniture items.
What products or services does Bestar offer?
Bestar offers Murphy Beds, Closet Organizers, Desks, and Storage Cabinets.
How many acquisitions has Bestar made?
Bestar has made 1 acquisition, including Bush.
Who are Bestar's investors?
Bestar has 1 investor. Key investors include NovaCap.