Kilne Cookware, Founded by Former Endy CEO, Retains Westmount Capital Partners as Exclusive Financial Advisor
02 Octubre 2024 - 8:00PM
Westmount Capital Partners (“
WMC” or the
“
Company”) is pleased to announce that Kilne
Cookware Inc., a premium direct-to-consumer cookware brand founded
by Mike Gettis, former CEO of Endy, has retained Westmount as its
exclusive financial advisor. Westmount will assist Kilne in its
efforts to fuel market expansion and product development.
This partnership opens an exciting opportunity for investors to
join Kilne in its next phase of growth as it expands into new
markets and continues to introduce innovative products that
resonate with consumers. Kilne is strategically positioned to
emerge as a leading premium cookware brand, setting itself apart
with its commitment to exceptional quality, innovative design, and
sustainable manufacturing. With a focus on empowering home cooks,
Kilne aims to redefine the cooking experience by providing
high-performance products that not only enhance culinary creativity
but also elevate the kitchen aesthetic.
Kilne is set to capitalize on the growing $27 billion North
American cookware market, with a total addressable market (TAM) for
premium cookware estimated at $7 billion. This promising landscape
reflects the increasing consumer demand for high-quality, non-toxic
cookware. Gettis, who successfully exited Endy in 2018 when Sleep
Country acquired the company for $88.7 million, is now leading
Kilne’s dedicated team as they embark on this ambitious
journey.
Westmount Capital Partners will support Kilne’s ambitious
expansion plans, enhance marketing efforts, and assist in the
launch of new products that reflect its premium quality ethos.
These products include the ‘Mini Everything Pan,’ a new line of
cast iron cookware, and additional color options for Kilne’s
best-selling pieces. Kilne has already made a significant impact in
the Canadian market, winning prestigious awards such as the Red Dot
Product Design Award and Good Housekeeping’s Kitchen Gear Award in
2023. As the brand prepares for its U.S. market entry, Kilne will
continue to leverage its direct-to-consumer model, offering
professional-grade cookware without the retail markups, ensuring
high-quality products at accessible prices.
Alex Camus, Managing Partner at Westmount Capital Partners,
stated: “Mike’s success with Endy speaks for itself. We are proud
to partner with him and Kilne as they prepare for this exciting
phase of growth. Kilne is perfectly positioned to capture the
attention of both investors and consumers with its innovative
approach to cookware.”
Mike Gettis, Co-Founder and CEO of Kilne, added: “As we prepare
to expand into the U.S. and other markets, having the right
financial partner is crucial. Westmount Capital Partners brings the
expertise we need to efficiently raise capital and accelerate our
growth. I believe this will be my biggest venture yet, and with
their support, we’re poised to scale Kilne into a household name
while empowering home cooks with exceptional, affordable kitchen
products.”
About Westmount Capital PartnersWestmount
Capital Partners Inc. is a premier financial advisory firm
specializing in capital raising, mergers and acquisitions, and
corporate finance solutions. With a commitment to operational
excellence and strategic growth, Westmount Capital Partners
provides exceptional advisory services tailored to meet the
evolving needs of its clients across various industries.
About Kilne Cookware
Founded in 2020, Kilne Cookware is a premium direct-to-consumer
brand dedicated to becoming a leading name in premium kitchenware.
Kilne offers professional-grade tools designed for home cooks who
value quality and performance. By collaborating with top chefs and
eliminating traditional retail markups, Kilne delivers
high-quality, non-toxic cookware at accessible prices. With a
mission to transform the home cooking experience, Kilne ensures
every product is crafted to meet the highest standards, making
healthy and enjoyable cooking attainable for all.
For further information
contact:
Westmount Capital Partners Inc.c/o Perley-Robertson, Hill &
McDougall LLP/s.r.l.Constitution Square, 340 Albert St #1400,
Ottawa, ON, K1R 7Y6Attention: Nino Silvestri, President E-mail:
nino@westmount.ventures