Solo Stove has received an investment from Bertram Capital. Cowen acted as exclusive financial advisor to Solo Stove.
Solo Stove is a leading designer and supplier of portable, low-smoke fire pits and camping stoves. Solo Stove is an authentic, lifestyle brand that is redefining the outdoor products market with its exceptional online engagement with customers and differentiated product offering. The Company’s patented airflow design leads to ultra-efficient combustion, producing limited smoke and enhancing the customer experience. The Company primarily sells through its own website and other e-commerce channels, as well as to several blue-chip retailers. Solo Stove is headquartered in Southlake, Texas.
Bertram Capital is a private equity firm with over $1.4 billion in committed capital targeting investments in lower middle market companies. In addition to supplying strategic growth capital, Bertram Capital leverages proprietary processes and services to empower its portfolio companies to unlock their full potential. The Bertram High-5sm is an operationally-focused value creation strategy, which includes supporting management, implementing operational initiatives, acquiring complementary businesses, enhancing sales and marketing efforts, leveraging technology and IP. The cornerstone of this strategy is Bertram Labs, its in-house technology team, which drives growth and value through digital marketing, e-commerce, big data and analytics, application development and internal and external platform optimization.