Incipio® Announces Minority Investment from Goode Partners

IRVINE, Calif.–(BUSINESS WIRE)–Incipio®,
today announced that Goode Partners LLC, a New York-based private equity
firm, completed a minority investment in Incipio, a designer and
manufacturer of mobile device accessories and technology. Incipio has
established a high-growth platform built on owned and licensed brands
that maximizes category performance in the mobile device industry.
Incipio acquired Incase and ClamCase in 2015 and Braven and Tavik in
years prior.


“The strategic investment from Goode Partners validates Incipio’s track
record of significant growth and will enable the Incipio platform to
reach its full potential,” said Andy Fathollahi, Founder and CEO of
Incipio. “Goode Partners has extensive experience in high growth
consumer strategies and will be a great asset in helping us carry out
our core business objectives, including support in identifying and
executing future acquisitions.”

“We very much look forward to the partnership that has been created with
Incipio. Andy and his team have done a remarkable job building an
incredible platform across numerous tiers of distribution with great
brands across many mobile classifications. This has been the result of
paying very close attention to core product development principles for
their customers, coupled with a world-class logistical system. We truly
admire the culture that has been built within the company across all
functional areas of the business and feel this has resonated all the way
through to the product,” commented Keith Miller of Goode Partners.

The financial details and terms of the minority investment from Goode
Partners LLC remain confidential.

Wunderlich served as Incipio’s financial advisor and Latham & Watkins
LLP acted as its legal advisor for the transaction. Jones Day served as
legal advisor to Goode Partners.

ABOUT US.

INCIPIO®

Customer focused, product centric.

Founded in Southern California in 1999, Incipio is driven by a passion
to connect consumers with amazing products worldwide.

The strategy behind our success is based on unsurpassed operational
dexterity coupled with a commitment to product design; all backed by a
robust manufacturing proficiency. We position our diverse range of
company owned brands and licensed properties at the intersection of
technology and lifestyle to address the needs and individual preferences
of today’s consumer.

Our expansive and ever-growing global presence allows us to deliver
products to a diversified customer base quickly and efficiently. Today,
Incipio® has a reach of over 50,000 doors worldwide spanning
multiple categories across the tech and lifestyle markets cementing
Incipio as the dominant global supplier in the industry.

PORTFOLIO BRANDS:

Incipio® is an award-winning designer and manufacturer of mobile
device accessories and technology solutions.

Incase® is the original designer and manufacturer of bags and
accessories centered on the lifestyles of individuals who create on the
Apple device platform.

Braven is a premium Bluetooth® high fidelity audio brand and is
now one of the fastest growing wireless audio brands in the industry.

Tavik is an original lifestyle brand cultivated from modern beach
culture and is recognized for redefining and uniting the modern age with
beach heritage.

ClamCase is a designer and manufacturer of protective iPad
keyboard cases dedicated to enhancing productivity.

LICENSED PROPERTIES:

kate spade new york
Jack Spade
TUMI
Burton
Trina
Turk

House of Harlow 1960
Laura Trevey
iGo

About Goode Partners:

Goode Partners LLC is a New York-based private equity firm that focuses
exclusively on investment opportunities in the retail, restaurant,
apparel, direct marketing and branded consumer products sectors. The
firm has established itself as a partner of choice by leveraging its
unique combination of investment capital, a team of professionals with
experience investing in and operating some of the world’s premiere
consumer brands and an extensive industry network. Goode seeks to
partner with the owners and managers of well-positioned, high-growth
potential consumer-oriented companies. More information on Goode
Partners and its team can be found on the firm’s website www.goodepartners.com.

Contacts

Incipio®
Kelly McElroy, 949.236.7397
kmcelroy@incipio.com
or
Goode
Partners Contact:

Keith Miller, 646.722.9608
kmiller@goodepartners.com