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- Familia
Familia Valuation, Funding & Investors
Familia is valued at $900M as of November 2019.
Last Familia valuation
$900M
Strategic investment · Nov 2019
Last Familia funding round
$225M
Strategic investment · Nov 2019
Cumulative funding Familia raised
$225M
across 2 funding rounds
Key investors in Familia
Goldman Sachs
Baring Vostok Capital Partners
TJX Companies
About Familia
Familia is Russia's first nationwide off-price retail chain, established in 2000 with stores across the country. It sells clothing, shoes, accessories, and household goods from Russian and international brands at discounts up to 85 percent. As the CIS region's pioneer in the off-price model, the company maintains over 100 outlets, sourcing excess inventory from brands like Adidas, Levi's, and local labels to offer value-driven shopping in Moscow, St. Petersburg, and other cities.
Founded
2000
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$900M (Nov 2019)
Familia Valuation
Familia is currently valued at $900M, based on its strategic investment round in November 2019.
The $225M round was led by TJX Companies.
Familia valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2019 | Strategic investment | $900M |
Familia Funding History
Familia has raised a total of $225M across 2 funding rounds.
Familia's first fundraising round was a undisclosed-stage round in December 2016. The most recent completed round was a $225M strategic investment round in November 2019.
Familia funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2019 | Strategic investment | TJX Companies (lead) | $225M | $900M | Familia is a privately held off-price apparel and home fashions retailer headquartered in Luxembourg, operating more than 275 stores across 90 towns in Russia as of November 2019. Founded in 2000, it offers women's and men's clothing, shoes, accessories, and household goods, positioning itself as a leader in Russia's off-price retail market with an emphasis on value and operational efficiency. On November 18, 2019, TJX Companies, through a wholly owned subsidiary, invested $225 million to acquire a 25% non-controlling ownership stake in Familia, implying a post-money valuation of $900 million. The deal allowed TJX to enter Russia's off-price market, with TJX gaining the right to elect one board representative. Familia's founders, Goldman Sachs, and Baring Vostok remained as other shareholders. BofA Securities advised TJX, while Goldman Sachs International advised Familia. The investment recognized Familia's strong market position and growth strategy. Earlier in 2019, Familia reported 24% turnover growth in the first nine months, and it had opened four new stores that year, including three in Moscow. CEO Konstantin Nadezhdin highlighted TJX as an aspirational standard for Familia's business model. TJX later divested its stake in March 2022 amid Russia's invasion of Ukraine, with the carrying value at $186 million as of January 2022 after currency revaluation losses. Directors Doug Mizzi and Scott Goldenberg resigned from Familia's board. |
| Dec 2016 | Undisclosed stage | Baring Vostok Capital Partners (lead); Goldman Sachs | - | - | Funds managed by Baring Vostok and Goldman Sachs acquired a combined 49% stake in Familia, a Russian off-price retailer of clothing and home goods, from its founders. Baring Vostok reportedly took 24.5% and Goldman Sachs 25%, leaving the founders in majority control. |
Who has invested in Familia?
3 investors have backed Familia across its funding rounds, including Goldman Sachs, Baring Vostok Capital Partners and TJX Companies.
Lead investors include TJX Companies and Baring Vostok Capital Partners.
Familia Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Dec 2016 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialFamilia Competitors
Familia competitors include listed companies like Magalu, JINS Holdings, Nick Scali and Grupo Palacio de Hierro, and private ones like Easyhome Furnishing New Retail Chain Store Group and 1 India Family Mart.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1B | - | $5.3B | 5.2x | ||
| Private | - | - | $54M | - | ||
| Publicly listed | $7.5B | $402M | $896M | 0.3x | ||
| Publicly listed | $625M | $95M | $882M | 1.2x | ||
| Publicly listed | $368M | $129M | $873M | 2.8x | ||
| Publicly listed | $3.2B | $331M | $933M | - |
Familia Public Comps
Familia is still privately-owned, but its public comps include Magalu, JINS Holdings, Nick Scali, Grupo Palacio de Hierro, Douglas, Galver, Pet Valu, Carasso Motors, Pick n Pay and Foschini Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.5B | $402M | 0.3x | 0.3x | 5.5x | 3.9x | |||
| $625M | $95M | 1.4x | 1.2x | 9.2x | 7.9x | |||
| $368M | $129M | 2.8x | 2.8x | 8.1x | 8.2x | |||
| $3.2B | $331M | 0.6x | - | 6.0x | - | |||
| $5.3B | $849M | 0.6x | 0.6x | 3.8x | 4.1x | |||
| $11M | ($207K) | 82.2x | - | (4537.3x) | - | |||
| $842M | $170M | 1.7x | 1.7x | 8.4x | 7.8x | |||
| $2.8B | $492M | 1.3x | - | 7.2x | - | |||
This data is available for Pro users. Sign up to see all Familia competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Familia
| When was Familia founded? | Familia was founded in 2000. |
| Where is Familia headquartered? | Familia is headquartered in Moscow, Russia. |
| Is Familia publicly listed? | No, Familia is a private, VC-backed company. |
| What is Familia's valuation? | Familia was last valued at $900M in its strategic investment round in November 2019. |
| How much funding has Familia raised? | Familia has raised $225M across 2 funding rounds. |
| What was Familia's last funding round? | Familia's last funding round was a $225M strategic investment round in November 2019, led by TJX Companies. |
| Who are Familia's investors? | Familia's investors include Goldman Sachs, Baring Vostok Capital Partners and TJX Companies. |
| Which companies are comparable to Familia? | Companies comparable to Familia include Easyhome Furnishing New Retail Chain Store Group, 1 India Family Mart, Magalu, JINS Holdings, Nick Scali and Grupo Palacio de Hierro. |
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