Description:
The Company is an established headwear designer, importer, and distributor with multiple nationally recognized brands sold through multi-location retail chains and e-commerce platforms. The Company offers a broad assortment of over 2,000 fashion, lifestyle, and functional styles across multiple categories, ranging from basic sun protection and utilitarian headwear to elevated, fashion-forward designs. The Company's extensive product catalog allows it to serve a wide range of customers, from everyday casual to premium lifestyle. The Company's operations are supported by a strong in-house design team that continuously develops new pieces.

Key Aspects:
• Strong EBITDA Growth: The Company grew its adjusted EBITDA at a compound annual growth rate (CAGR) of 30.6% from 2023 through the trailing twelve months (TTM) ending February 28, 2026.
• Secured Future Revenue: As of December 2025, the Company has secured $9.1M in confirmed sales orders scheduled for 2026 delivery.
• Diversified Sales Channels: The Company utilizes a comprehensive omnichannel sales strategy, combining wholesalers, distributors, internal & external sales representatives, and multiple e-commerce platforms to reach a broad customer base.
• Established Brand Recognition: Since 1989, the Company has built a strong reputation as an innovative and reliable leader in the headwear industry, known for creativity, craftsmanship, and quality.
• Nationwide Retail Presence: The Company's line of hats is sold in nationally recognized multi-location retail stores, demonstrating an expansive, diversified retail distribution network.

Opportunities:
• Develop Social Media Storefronts: Implement alternative e-commerce platforms, such as TikTok Shop and Instagram Shop, to grow ecommerce sales and expand the Company's social media presence.
• Grow International Distribution Network: Tailor direct customer outreach to international big-box stores across multiple countries to increase brand awareness and enter new global markets.
• Enhance Marketing Strategy: Leverage influencer collaborations to grow the Company's social media presence, capitalize on the cultural shift toward influencer marketing, and diversify its marketing strategy.
• Boost Private-Label Brand: Implement a sales initiative targeting stores and brands that exclusively offer private-label products to increase the private-label brand's revenue share.
• Expand Licensing Agreements: Grow licensing agreements with prominent media and music brands to expand brand collaborations.

Headquartered:
• Western, US

Current Markets:
• The Company is primarily a business-to-business supplier, providing its products to multi-location nationwide retailers. Additionally, the Company sells headwear directly to consumers through its online storefront and other e-commerce platforms, specifically Amazon; however, these sales accounted for approximately 2% of revenue in 2025.

Real Estate:
• The Company operates from a 43,765 sq. ft. warehouse and office space in Western, US, leased from an affiliated entity. This facility houses all of the Company's operations, including marketing, product development, accounting, and logistics. While the facility is not expected to be included in the sale of the Company, management notes that a long-term lease can be negotiated.

Shareholder Objectives:
• The Company is wholly owned by one shareholder, who is seeking a complete exit to pursue retirement. The owner is willing to remain with the Company for a negotiable period to facilitate a smooth transition to new ownership.