DRS Product Returns

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DRS Product Returns - overview

Established

2007

Location

Reading, PA, US

Primary Industry

Logistics & Distribution

About

DRS Product Returns specializes in reverse logistics solutions for the Consumer Packaged Goods (CPG) industry, providing efficient management of product returns, reclamation services, and compliance with returns policies. DRS Product Returns is focused on reverse logistics in the CPG sector. The company was acquired by Leading Ridge Capital Partners in March 2010, although financial terms were not disclosed. The firm is based in Reading, US, and has engaged in one deal to date.


The leadership includes CEOs Andre Muller and Matthew Varava. DRS Product Returns offers a range of reverse logistics solutions tailored to the Consumer Packaged Goods industry. Their services include managing product returns through reclamation center retrieval, conducting product inspections, and capturing pertinent data. The company also addresses challenges related to unsaleable inventory, facilitating compliant destruction services for discontinued and obsolete products.


DRS serves primarily retailers and manufacturers across North America and select European and Asian markets, leveraging their expertise in navigating complex supply chain issues. DRS Product Returns generates revenue by partnering with various stakeholders in the supply chain, notably retailers and manufacturers. Their revenue model includes service contracts initiated through both one-time engagements and ongoing partnerships. Clients subscribe to services such as processing retail claims, conducting audits, and managing product recalls.


The pricing structure reflects the complexity and volume of services utilized, ensuring that clients pay for tailored solutions. Key revenue-generating services involve managing overage, short, and damaged (OS&D) inventory, alongside providing consulting services to enhance operational capabilities. Future growth plans for DRS Product Returns include the development of new products aimed at improving reverse logistics efficiencies, with specific details on product launches to be determined. The company is also targeting expansion into new markets in Europe and Asia by 2025.


The strategies for growth will be supported through funds from their most recent deal in March 2010, where DRS Product Returns was acquired by Leading Ridge Capital Partners.


Current Investors

Leading Ridge Capital Partners

Primary Industry

Logistics & Distribution

Sub Industries

Logistics & Distribution

Website

www.drsreturns.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

DRS Product Returns - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedDRS Product Returns-

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