Irvine-based Incipio Technologies Inc. agreed to sell a minority stake to New York-based private equity investor Goode Partners LLC on undisclosed terms.
“Goode Partners has extensive experience in high growth consumer strategies and will be a great asset in helping us carry out our core business objectives, including support in identifying and executing future acquisitions,” Chief Executive Andy Fathollahi said in a statement.
Incipio has acquired four companies since Fathollahi founded it in 1999 with a $500 loan from his parents. It bought Chino-based Incase Designs Corp. in September; ClamCase LLC in Michigan in June; speakers specialist Braven LC in 2013; and Tavik Industries LLC in 2012.
It had about $200 million in sales last year through retail chains such as Best Buy, telecommunication companies’ retail locations, and its own website.
