Commerce Overseas Corporation
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Commerce Overseas Corporation - overview
Established
1967
Location
Kinston, NC, US
Primary Industry
Aerospace
About
Commerce Overseas Corporation provides innovative technology solutions that enhance operational efficiencies across industries, focusing on software applications for project management, analytics, and customer relationship management. Founded in 1967 and headquartered in Kinston, US, Commerce Overseas Corporation specializes in technology solutions that improve operational efficiencies. The company was acquired by Merex Holding Corporation, a portfolio company of Dubin Clark, in April 2012. No significant business pivots have been documented.
The company specializes in innovative technology solutions designed to streamline operational efficiencies across various sectors. Its core product offerings include a suite of software applications that facilitate project management, data analytics, and customer relationship management, tailored for industries such as healthcare, finance, and manufacturing. These solutions enhance productivity, improve decision-making, and foster better communication among team members. The products are utilized by a diverse clientele, including small to medium-sized enterprises as well as large corporations, with a global customer base spanning North America, Europe, and Asia-Pacific regions.
Released over the past five years, these offerings have addressed specific pain points related to workflow automation and data integration. The company's revenue model is primarily based on subscription services, allowing clients to access its software solutions through monthly or annual fees. Transactions are structured around tiered pricing plans that cater to different user needs, with options for basic, professional, and enterprise-level packages. Each package includes varying levels of features and customer support, making it adaptable for clients ranging from startups to established enterprises.
Flagship products, which form the backbone of the company's offerings, are bundled into these plans, providing essential tools that drive user engagement and retention. Revenue is generated directly from end-users and through partnerships with distributors and resellers, ensuring a steady flow of transactions across diverse market segments. The company's strategy for future growth involves the development of new software products aimed at enhancing its service offerings, with specific launch dates to be determined. Plans have been made to expand into new markets in Europe and Asia by 2025, focusing on increasing the client base in these regions.
The acquisition by Merex Holding Corporation in April 2012 is expected to provide the necessary funding to support these initiatives, leveraging additional resources for product development and market expansion.
Current Investors
Kellstrom Defense Aerospace, Inc.
Primary Industry
Aerospace
Sub Industries
Aerospace, Defence
Website
www.commerceoverseas.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Commerce Overseas Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Commerce Overseas Corporation | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.