B&H Bag Company

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B&H Bag Company - overview

Established

1975

Location

Brookshire, TX, US

Primary Industry

Forestry & Timber

About

B&H Bag Company specializes in manufacturing high-quality, durable bags and packaging solutions tailored for diverse industries, emphasizing functionality and customer needs. B&H Bag Company, founded in 1975 in Brookshire, US, is engaged in the production of bags and packaging products. In December 2020, the company was acquired by Novolex Holdings, Inc. , a portfolio company of Carlyle Group, with financial terms not disclosed.


The company primarily offers a suite of robust web hosting solutions, focusing on shared, VPS, and dedicated hosting services. Their core products are designed to cater to a diverse range of clients, from individual entrepreneurs to large enterprises, seeking reliable and scalable online presence solutions. The services are operational globally, with a significant market presence in North America, Europe, and parts of Asia. These hosting solutions serve critical end-use cases such as website management, e-commerce operations, and application hosting, ensuring that businesses can maintain uninterrupted online services.


By leveraging advanced technologies and customer support, the company aims to deliver seamless user experiences for clients in various sectors, including retail, technology, and professional services. The company's revenue generation model is primarily based on a subscription-based structure, allowing clients to select from various hosting plans that align with their specific needs. Clients typically enter agreements for monthly or annual subscriptions, providing a stable cash flow for the company. The flagship offerings include premium shared hosting packages that cater to smaller businesses and advanced VPS solutions for medium to large enterprises.


Each hosting plan includes varied features, such as storage limits, bandwidth allocations, and customer support levels, which are tailored to meet the demands of different customer segments. The revenue is driven by both new subscriptions and renewals, reflecting the company's ability to maintain customer satisfaction and loyalty within the competitive web hosting market. B&H Bag Company is focused on several strategic initiatives for future growth. Plans include the introduction of new product lines aimed at expanding their footprint in the eco-friendly packaging market, with anticipated launches projected for late 2021.


The company is looking to expand into European and Asian markets by 2023. Recent funding from Novolex will be utilized to support these growth initiatives, enhancing production capabilities and market reach.


Current Investors

Novolex Holdings, LLC

Primary Industry

Forestry & Timber

Sub Industries

Packaging, Paper/Soft Products

Website

www.bhbag.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

B&H Bag Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedB&H Bag Company-

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