Wed, 11/11/2015 - 09:36
Boston-based private equity firm Bunker Hill Capital has partnered with the founders and senior management team of ImportLA to recapitalise the Company.
ImportLA is a California based designer, manufacturer, and distributor and marketer of tattoo furniture and supplies in the US, Canada, and Europe under the TATSoul brand name. The Company also designs and manufactures equipment for the pet grooming and spa/salon markets. Co-founders Michael Chen, Wen Wei, and Billy Chen will remain significant owners of ImportLA and will continue their involvement in the day to day operations of the Company.
“The TATSoul brand is clearly the market leader for furniture and supplies within the body art industry. We are looking forward to partnering with ImportLA’s highly energetic founders and together taking advantage of the growth opportunities that exist both domestically and internationally.”
ImportLA’s continued commitment to design, function, quality, and customer service has built the TATSoul brand name into the preeminent brand of tattoo furniture and related supplies within the large and growing body art industry. The Company prides itself on being a pioneer in terms of product development. Since the Company’s inception, the TATSoul brand has consistently broadened its product portfolio, starting with the TATSoul 370 chair.
Billy Chen, Co-Founder and CMO at ImportLA, says: “TATSoul has always been and always will remain committed to the artist. We take the utmost pride in developing the highest quality and most innovative products. Our number one focus is the artist, and we make it a point to involve artist feedback throughout our product development process.”
The Company’s focus on continuous innovation, coupled with high quality customer service, has helped foster loyalty to the TATSoul brand, which is reflected in their consistently growing active customer base.
Brian Kinsman, Managing Partner at Bunker Hill Capital, says: “The TATSoul brand is clearly the market leader for furniture and supplies within the body art industry. We are looking forward to partnering with ImportLA’s highly energetic founders and together taking advantage of the growth opportunities that exist both domestically and internationally.”
Mike Chen, Co-Founder and CEO at ImportLA, says: “We are very excited about the opportunity to partner with Bunker Hill Capital. We are impressed by their ability to understand quickly the nature of our business and industry and their proven history of assisting companies to develop and execute on a focused growth strategy. We are looking forward to working with them to continue driving innovation and building on our leadership position within the industry.”
as a recognised owner and operator of hydropower plants.”
Aquila Capital is part of the Aquila Group, which has EUR 8 billion in assets under management and a track record of over EUR 2 billion in hydropower, photovoltaics and wind power.
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