Nexxus Capital, LLC, a leading ecommerce acquirer and operations company, announces the closing of Intrinsic Brands, Inc.‘s brand asset acquisition in September 2024, including 5 marquee brands.
Several of the brands sustained a growth trajectory in revenue and healthy gross margins; however, Nexxus was presented with the opportunity to acquire the assets and saw a major opportunity to take profitability to new heights.
This is the latest in a series of acquisitions for the Company. Intrinsic was ranked 26th on Marketplace Pulses’ list of most funded Amazon Aggregators, with total funds raised of $128 Million and Nexxus is proud to announce the successful acquisition of these brands for an undisclosed sum.
Nexxus specializes in superb operations of brands on Amazon and other online marketplaces, using workflows and standard operating procedures that allow for a cost-effective operating environment while keeping brands healthy and profitable. The model is to be profitable throughout the entire lifecycle of the business.
Nexxus Funds are only available to accredited investors; the focus being on maintaining healthy operating cash flows while delivering above and beyond customer expectations.
About Nexxus Capital, LLC
Nexxus Capital is an E-commerce acquirer that uses its marketing and operational expertise to acquire and grow well-established E-commerce brands. Nexxus management began building brands in 2015 with their first bootstrapped account, which has scaled to be a top 100 Seller on Amazon.com. Nexxus’s edge is a proprietary, highly scalable marketing process that out-performs the industry in its ability to boost and maintain product sales volume at low operating costs.