Solo Brands

The Reimann family office, RZC Investments, along with Cerberus Capital Management, together hold a controlling stake in Solo Brands. RZC's SPAC vehicle dMY Technology Group IV brought the company public in March 2021, and the firm has not subsequently diluted that control significantly (per SEC filings, 2021–2023).

RZC Investments, the single-family office for Wolfgang Reimann (heir to the Reimann family of Germany, owners of the JAB Holding conglomerate), first invested in Solo Brands through its Spark Ventures arm in 2018. RZC later sponsored the SPAC that took Solo Brands public, and remains the largest shareholder. The family office does not operate Solo Brands day-to-day but has board seats.

Solo Brands sells both through its own website and through over 6,500 retail locations including Academy Sports, Dick's Sporting Goods, Home Depot, and others. The company still generates a majority of revenue online, but retail doors have expanded significantly since going public (per company filings).

At its SPAC merger in March 2021, Solo Brands had an enterprise value valued at over $2B. By late 2023, the market cap had fallen to around $100M, as sales growth slowed and the company posted net losses. The decline reflects both sector-wide cooling of DTC brands and company-specific struggles with inventory and marketing costs.

Solo Brands does not maintain its own charitable foundation. The Reimann family, through its ownership of RZC Investments, has a separate philanthropic arm, the Reimann Foundation, but this is not formally linked to the company's corporate social responsibility activities (per Reimann Foundation records).