Solo Brands, Inc.

General Information

Solo Brands is a large rapidly growing DTC (Direct-to-Consumer) platform that operates four premium outdoor lifestyle brands—Solo Stove, Oru Kayak (“Oru”), ISLE Paddle Boards (“ISLE”), and Chubbies apparel. Our brands develop innovative products and market them directly to customers primarily through e-commerce channels. Our platform is led by our largest brand, Solo Stove, which was founded in 2011 by two brothers seeking to bring family together in the outdoors. Our founders combined their passion for e-commerce with their love of the outdoors to create a digitally native platform to market the revolutionary Solo Stove Lite (“Lite”), an ultralight portable backpacking camp stove that can boil water in under 10 minutes using just twigs, sticks, and leaves. Solo Stove followed the success of the Lite with the launch of its iconic stainless steel virtually smokeless fire pits in 2016.

We pioneered a new product category – the smokeless fire pit – that has helped foster a loyal community of enthusiasts and furthers our efforts to bring people together. Since we launched our fire pit product, Solo Stove has grown at a compounded annual growth rate of 132% from 2016 through the 12-month period ended June 30, 2021.

In 2021, we changed our name from Solo Stove to Solo Brands after acquiring three brands – Oru Kayak, ISLE Paddle Boards and Chubbies apparel.

(Note: Solo Brands priced its IPO on Oct. 27, 2021, at $17 – the top of its  $15-to-$17 range – on 12.9 million shares, the same number of shares in the prospectus, to raise $


Industry: Sporting & Athletic Goods, NEC
Employees: 251
Founded: 2011
Contact Information
Address 1070 S. Kimball Ave. Suite 121 Southlake, TX 76092
Phone Number (817) 900-2664
Web Address
View Prospectus: Solo Brands, Inc.
Financial Information
Market Cap $1479.94mil
Revenues $297.83 mil (last 12 months)
Net Income $-30.65 mil (last 12 months)
IPO Profile
Symbol DTC
Exchange NYSE
Shares (millions): 12.9
Price range $17.00 - $17.00
Est. $ Volume $193.5 mil
Manager / Joint Managers BofA Securities/ J.P. Morgan/ Jefferies/ Citigroup/ Credit Suisse/ Piper Sandler/ William Blair
CO-Managers Fifth Third Securities/ Academy Securities/ C.L. King & Associates
Expected To Trade: 10/28/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change