Moss Enhances Portfolio with Stretch Shapes Acquisition
Deal News | Dec 12, 2024 | EagleTree Capital
Moss, a leader in branded experiences and tension fabric structures, has acquired Stretch Shapes, a prominent provider of fabric-based solutions for immersive environments and live events. Stretch Shapes, headquartered in Eugene, Oregon, excels in transforming spaces with innovative fabrics and serves clients such as Live Nation and Coachella. This acquisition solidifies Moss’s position in the large-scale live event industry and enhances its capabilities and global reach. Led by CEO Jason Popp, Moss sees synergies in the merger, retaining Stretch Shapes' leadership under founder Niko Mantele. This is Moss’s second acquisition in just over a year, following its purchase of Macro Art in the UK. As a portfolio company of EagleTree Capital, Moss continues expanding globally, leveraging EagleTree's investments in business services and consumer sectors.
Sectors
- Event Production
- Private Equity
Geography
- United States – Moss is headquartered in Illinois and the acquired Stretch Shapes is based in Oregon, USA.
- United Kingdom – Moss expanded into the UK with a previous acquisition, indicating part of its international operational footprint.
- Germany – Moss has operations in Germany as part of its global presence.
- Poland – Moss includes Poland in its operational reach, further supporting its international expansion strategy.
Industry
- Event Production – The article focuses on companies involved in creating immersive environments for live events, such as Moss and Stretch Shapes.
- Private Equity – EagleTree Capital is a private equity firm backing Moss in this strategic acquisition, showcasing the role of PE in expanding portfolio companies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Moss | Acquiring Company | Company | A leader in branded experiences, specialized in tension fabric structures and graphics. |
| Stretch Shapes | Target Company | Company | Supplier of fabric-based products for event environments, based in Oregon. |
| EagleTree Capital | Private Equity Firm | Company | New York-based PE firm managing funds invested in Moss, supporting strategic acquisitions. |
| Niko Mantele | Former CEO and new VP Event and Experiential Product Development at Moss | Person | Founder of Stretch Shapes, leading creative development post-acquisition. |
| Jason Popp | President and CEO of Moss | Person | Overseeing the acquisition and integration of Stretch Shapes into Moss. |