Fizz & Bubble, a purveyor of healing bath and beauty products, announced a major investment from Decathlon Capital Partners.
Seven-Figure Investment to Ignite Growth, Create New Products, Expand Distribution
PORTLAND, OR, Oct. 30, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Fizz & Bubble, a purveyor of healing bath and beauty products, announced a major investment from Decathlon Capital Partners. The seven-figure investment will support the company’s growth, development of new product lines and new distribution partnerships.
Fizz & Bubble offers a line of natural, hand-crafted bath bombs, body care products, shower steamers and scrubs. Founded in 2008, the company now has 150 employees and projects sales will quadruple in the next two years.
The global market for bath bombs and related products is estimated at $750 million annually.
“Thanks to Decathlon Capital, we can expand our product line and extend our reach throughout the country,” said Fizz & Bubble co-founder Kimberly Mitchell-Barnes. “Customers who try our products love them. With more distribution partners we can introduce Fizz & Bubble to everyone who needs to relax in beautiful bathwater.”
Co-founder Craig Barnes said leading retailers like ULTA, Bath & Body Works, and spas, hotels and specialty shops around the country offer Fizz & Bubble bath and body products. This success has paved the way for further growth opportunities.
“There’s still tremendous demand for natural bath products using the best quality ingredients,” he said. “That represents an opportunity for us. Decathlon’s investment in our business will help us with the next stage of what we expect will be massive growth.”
“Our mission is to work with the best growth-stage companies and assist with the funding needed to achieve their potential,” said Decathlon Capital Partner’s John Borchers. “Kimberly and Craig have a solid vision for taking Fizz & Bubble to the next level. They are creating great value in a business that’s ready to expand. We are confident that our investment will help them realize this goal.”
About Fizz & Bubble
Fizz & Bubble bath-time treats are the only handmade confections created with a unique 8-oil blend, packed with healing properties that leave skin smooth, supple, relaxed and restored. From bath bombs (Fizzies to Cupcakes to Milkshakes) and more, the company has created an array of luxurious bath and shower treats. The company offers large selection of fizzy treats, sweet and softening sugar scrubs, restorative body washes and scent-sational salts. Learn more at https://fizzandbubble.com/.
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at www.decathloncapital.com.