Prepac

Vancouver, Canada Founded: 1979 • Age: 47 yrs Acquired By TorQuest Partners
Ready-to-assemble home furniture is designed and manufactured.

About Prepac

Prepac is a company based in Vancouver (Canada) founded in 1979 by Steve Simpson was acquired by TorQuest Partners in March 2019.. Prepac offers products and services including Dressers & Chests, Armoires & Wardrobes, Headboards, Nightstands, and Platform Beds. Prepac operates in a competitive market with competitors including Bestar and BOMBAST, among others.

  • Headquarter Vancouver, Canada
  • Founders Steve Simpson
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Prepac Manufacturing Ltd.
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    TorQuest Partners

    (Mar 14, 2019)

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Products & Services of Prepac

Prepac offers a comprehensive portfolio of products and services, including Dressers & Chests, Armoires & Wardrobes, Headboards, Nightstands, and Platform Beds. 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.

Primary

Storage furniture for clothes and items in residential bedrooms.

Units for organizing clothing and accessories in homes.

Decorative and functional headboards for beds in living spaces.

Side tables for bedside storage and convenience.

Beds with platform design for modern sleeping arrangements.

Workstations for home or office use with storage options.

Shelving units for books and display in various settings.

Storage solutions for wine bottles in kitchen areas.

Funding Insights of Prepac

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Prepac

Prepac has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TorQuest Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Middle-market private equity investments are managed by TorQuest Partners.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Prepac

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Prepac

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Prepac Comparisons

Employees
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Competitors of Prepac

Prepac operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bestar and BOMBAST, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Ready-to-assemble home and office furniture is manufactured.
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Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Prepac

Frequently Asked Questions about Prepac

When was Prepac founded?

Prepac was founded in 1979.

Where is Prepac located?

Prepac is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Who is the current CEO of Prepac?

Steve Simpson is the current CEO of Prepac. They have also founded this company.

What does Prepac do?

Prepac was founded in 1979 in Vancouver, Canada, and operates in the furniture manufacturing sector. Ready-to-assemble home furniture is designed and produced, with offerings that include bedroom items such as dressers, chests, headboards, nightstands, and beds, alongside bookshelves, desks, hutches, storage benches, racks, TV stands, and cabinets. Products are distributed through stores and retailers across various markets.

Who are the top competitors of Prepac?

Prepac's top competitors include Bestar and BOMBAST.

What products or services does Prepac offer?

Prepac offers Dressers & Chests, Armoires & Wardrobes, Headboards, Nightstands, and 4 more products and services.

Who are Prepac's investors?

Prepac has 1 investor. Key investors include TorQuest Partners.

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