Founded in 2002 by Kendra Scott, her namesake lifestyle brand offers Fashion, Demi-Fine and Fine Jewelry, watches, engagement rings, fragrances, home accessories, and men’s accessories. Kendra Scott’s customer-centric omni-channel approach includes a network of 130+ experiential direct retail stores, direct to consumer, as well as wholesale partners including Target, Nordstrom, Bloomingdale’s, Dillard’s, and 850+ specialty boutiques. Kendra Scott is known for its design and material innovation, use of color, and signature shapes. The company remains true to its founding philosophy of “Family, Fashion, and Philanthropy,” hosting nearly 25,000 events a year across its markets and donating over $65M to philanthropic organizations since 2010.

Who we partnered with

65 Equity Partners partnered with Founder & Executive Chairwoman Kendra Scott and the company’s long-tenured management team led by CEO Tom Nolan.

What attracted us to the business

Kendra Scott has over 20 years of growth, highly loyal customer base, and compelling omni-channel go-to-market execution across retail, ecommerce, and wholesale. Additionally, Kendra Scott is well positioned to capitalize on an ongoing secular tailwind as consumer demand shifts towards branded jewelry.

Our value creation strategy

We will work closely with the Kendra Scott team to support the brand’s continued expansion across channels, geographies, and categories.

Website
kendrascott.com

Founded in 1969, Felix Storch, Inc. (“FSI”) is a value-added provider of branded, custom-engineered specialty appliances designed to meet unique size and batch specifications for the residential, healthcare, commercial, and hospitality markets. FSI operates under several recognized appliance brands including Summit Appliance, a leading provider of specialty refrigeration and cooking appliances for residential and commercial applications, and Accucold, which specializes in cold storage equipment for the medical, pharmaceutical, laboratory, and life science industries. FSI’s founding family still runs the business and continues to own a significant stake in the company. The company operates facilities in the Northeast of the United States and leverages its global supply chains to serve the
North American market.

Who we partnered with

65 Equity Partners is partnering with FSI’s long-tenured management team which is led by the CEO Mr. Paul Storch.

What attracted us to the business

FSI’s unique fulfillment model, value-added customization capabilities, and globally diversified supply chains have contributed to their differentiated value proposition and niche market leadership within the specialty appliances industry.  FSI is also well positioned to capitalize on secular demand tailwinds for increasingly specialized, purpose-built products across end-markets.

Our value creation strategy

We aim to work closely with the FSI team to enhance organizational growth initiatives across new products, strategic brands, and core end markets.

Website
www.felixstorchinc.com