Project Description

BOTE

Prairie Capital Fund VI

Location Destin, FL
Transaction Type Growth Buyout with Founder and Management
Investment Date September 2016
Exit Date December 2021
Business

Producer of branded stand-up paddle boards and related outdoor lifestyle products

Industry Consumer

Investment Rationale

  • Partnership with passionate and dedicated founders
  • Strong brand and premium market position
  • Significant room for growth within specialty dealer and mass retailer markets as well as direct to consumer
  • New products and categories allow for additional penetration and growth

Value Add

  • Human Capital
  • Sales & Marketing
  • Technology
  • New Products
  • Supply Chain
Partnering with Prairie has allowed me to pour additional gasoline to the fire and accelerate the growth of the Company.  Going at it alone would have added more personal risk and challenges.  Prairie’s experience in helping scale growing, dynamic companies has been a tremendous resource for Bote.
Corey Cooper, CEO