Walltopia continues to support the climbing industry growth with a new investment

Wednesday, 16 December 2015 15:14

Our company is currently completing its fifth investment in a climbing gym, this time funding Salt Lake City, Utah-based Momentum. After successful investments in the amusement and attraction sector, Walltopia has returned its focus to the climbing industry.

Founded in 1998, Walltopia has become a leading climbing wall manufacturer in the world. We have grown our share of the US market by combining first class climbing wall design, manufacture and installation with savvy investments in various businesses led by like-minded entrepreneurs. Our opportunities and growth accelerated after 2007, when Momentum became the first US-based company to trust us, a rising eastern European company, with their project. Walltopia achieved further prominence in 2012, when Chris Sharma agreed to a sponsorship deal. This also led to the company taking a stake in the Sender One chain in California. These partnerships gave us a better foothold in the US market, and helped establish our own boundaries and expectations for future investments. Walltopia’s current deal with Momentum is a logical next step for us in the ongoing support of the sport and the industry, along with our previous investments in the US, Canada, Israel, Russia and Bulgaria.

Walltopia is not the only wall manufacturer to invest in climbing gyms. Most major producers have gone even further, owning and directly operating gym chains. Walltopia however does not relate to this model, we are not interested in becoming a gym operator. We remain passionate about designing, developing, manufacturing and delivering top quality products for climbing and amusement industry operators. Walltopia will continue to support the growth of our sport through investments, partnerships and sponsorships - we highly appreciate the climbing industry and see tremendous potential for growth and profit. However, our main focus will always remain on what we excel at – product development and manufacture.

We understand that clients will voice questions and concerns about the company’s ongoing investment strategies. With this in mind, we reiterate our strict adherence to standard business practices with regard to the treatment of customers and the safeguarding of clients’ business plans. A non-disclosure policy has from the beginning been a cornerstone of all Walltopia contracts. In the near future a completely separate entity will be created to take care and run all investments in order to ensure that no financial incentives exist to justify preferential treatment in design, manufacture or product availability within the company.

“We are a high-integrity company that respects its clients,” says our CEO, Ivaylo Penchev. In addition to managing Walltopia, Penchev is a major shareholder in the Composite-X hold factory that produces holds for over 40 different climbing brands, including Walltopia-owned brand, HRT. Penchev points out that what might appear to be a potential conflict of interest, has never resulted in preferential treatment for HRT over the other clients of Composite-X. “Every client is important for the success of Composite-X, and HRT is just one of them,” he explains.

Walltopia has earned businesses’ trust for 18 years through diligence, persistence, creativity, loyalty and responsibility, thus becoming a preferred wall supplier for many climbing gyms around the world. Today, we maintain relationships of trust and confidentiality with all of our customers, something that will not change regardless of where we invest.

Read 7103 times Last modified on Wednesday, 20 January 2016 07:14

... and doing a dang fine job of it!

These guys are part of the Walltopia crew that is assembling our climbing walls, and doing a dang fine job of it! They work long hours making these walls look good and making sure they're safe.

Central Rock Rochester, NY, USA

See their original FB post

 

...you can be assured they will be AMAZI …

Who are building our climbing walls? What will they look like? With a company like Walltopia you can be assured they will be AMAZING!

Walltopia is rocking this job from start …

The walls Downtown are really coming together, and we couldn’t be more excited!
Walltopia is rocking this job from start to finish. It’s going to be a beautiful gym, and very, very FUN.

Boulders Climbing Gym, Madison, Wisconsin, USA

See their original FB post

 

Thanks for your amazing and faultless se …

You are part of the dream and the journey Walltopia! Thanks for your amazing and faultless services. Special thanks to Marina,Ani and Steve for helping the dream along! Love to the Walltopia Massif.

Red Point Worcester, Worcester, UK

 

Thanks for your amazing and faultless se …

You are part of the dream and the journey Walltopia! Thanks for your amazing and faultless services. Special thanks to Marina,Ani and Steve for helping the dream along! Love to the Walltopia Massif.

Red Point Worcester, Worcester, UK

 

I just wanted to say how impressed I am …

I was at Harrow yesterday. I just wanted to say how impressed I am with the Walltopia build. Great finish but also the components and skill that has gone into all the fabrication is fantastic. A few little issues but nothing unusual so far.

Jeremy Wilson, CEO of HarroWall, Harrow, UK

 

Walltopia has employees that are second …

Walltopia has employees that are second to none. From the contracts to communication to sending people out to build, we've been NOTHING but impressed. And that means a lot since we've been working with contractors on various gym builds (and building our own ourselves) for a while.

Kristin Horowitz, CEO of The Pad Climbing, and Executive Director of SLO Op Climbing, San Louis Obispo, CA, USA

 

I'd like to thank Walltopia...

I'd like to thank Walltopia, the head office staff, Rob Parer and the crew here who assembled the wall for the fantastic job they did! We're really happy with it. 

Syndey Indoor Climbing Gym

 

We give Walltopia our highest recommenda …

When we started planning the gym, we considered all wall vendors. However, when we met with Yasen and the Waltopia team, we knew immediately that we had found the right partner to build a gym.

Joe Eibl, ARC Climbing Gym, Sudbury, ON, Canada

Funwalls has proven to be a fantastic ad …

As the owner of more than one climbing gym, Funwalls have provided quick cash flow for the start up & assisted in filling a marketing gap we didn't know existed. The elements have also been an effective way to broaden our market segment that can seamlessly transition into our climbing gym business.

Walson Tai, The Hanger, Calgary, AB, Canada

If you can dream it, they can build it.

If you can dream it , they can build it .We needed a reliable wall company that would respect our budget, timeline without sacrificing the quality of the final product. We're incredibly pleased to be working with Walltopia once again for our third project in three years!

Frédéric Charron, Blocshop, Montréal , Canada

 

Walltopia Canada has been a great resour …

Walltopia Canada has been a great resource for us to open and develop our climbing gym. Their service is first rate, and they always work hard to make everything right for us.

Andrew McBurney, Boulderz Climbing Centre

Our experience with Walltopia was terrif …

Our experience with Walltopia was terrific. They were incredibly easy to work with, and their knowledge and experience really took a lot of the stress out of the process for us.

Brock Tilling, Project Climbing Centre - Cloverdale

Yasen and Walltopia were great to work w …

Yasen and Walltopia were great to work with.  They were professional from the beginning of the project to the very end.

Daniel Poggi, Climb Base

Walltopia was consistently described to …

Walltopia was consistently described to us as the top wall vendor out there.  They lived up to and exceeded their reputation.

John Kudelka, Owner, Junction Climbing Centre

We thought going local would be better b …

We thought going local would be better but surprisingly our reference checks at other gyms said we would be better off going with Walltopia.   

Steven Brown, The Hub

THANKS - for the great work you all have …

Dear WALLTOPIA-Team,
THANKS - for the great work you all have done, to create and build a fantastic climbing wall.

Frank Blaeser, Gregor Jaeger, KLETTERAFBRIK KÖLN GmbH

...working with the Walltopia Family is …

The experience once again reaffirms why working with the Walltopia Family is the right choice for NOMAD."

Nomad, Australia

The angles are amazing, the quality is t …

In an effort to bring a modern facility to Kelowna, Chris brought in Walltopia (one of the world's premier wall companies) to design and build the walls. The angles are amazing, the quality is terrific and the height leaves nothing to be desired. 

Gneiss Climbing, Kelowna, BC, Canada

These guys work hard, really hard and th …

Here's a happy way to end your weekend: the climbing walls at Basecamp are done!!! Join us in thanking the amazing crew from Walltopia and celebrating this HUGE milestone. These guys work hard, really hard and their craftsmanship has been spectacular. Thank you."

Basecamp Climbing, Toronto, Canada

When you see how the gym is coming along …

When you see how the gym is coming along... you will get a feeling in your stomach that can only be described as the magical combination seeing your child take its first steps, combined with a Caribbean sunrise, mixed with EGOTing."

Touchstone Cliffs of Id, Culver City CA, USA

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