BASE Engineering Inc

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BASE Engineering Inc - overview

Established

1996

Location

Saint John, NB, Canada

Primary Industry

Electronics

About

BASE Engineering Inc specializes in advanced wireless control systems for sectors like Oil & Gas and industrial applications, enhancing safety and productivity in challenging environments. BASE Engineering Inc was founded in 1996 and is headquartered in Saint John, Canada. The company develops advanced control systems tailored for military, petrochemical, aviation, and construction industries. In September 2017, BASE Engineering was acquired by Marshall Excelsior Company, a portfolio company of Harbour Group.


Steve Belyea serves as the CEO of the company. BASE Engineering Inc. specializes in developing advanced wireless control systems primarily for the Oil & Gas, refined fuels, and industrial applications sectors. Their core product offerings include the ASK Series, Bulk Plant E-Stop, ProControl 3, BASEStation, and Ranger Series, designed to enhance job safety and productivity in various harsh environments.


These systems facilitate reliable wireless control for operations involving tank and truck scenarios, addressing challenges related to safety and operational efficiency in hazardous locations. BASE Engineering has established itself as a trusted partner for original equipment manufacturers (OEMs) and fleet operators, delivering solutions tailored to extreme operational conditions. BASE Engineering generates its revenue through direct sales of its wireless control systems to a diverse client base, including OEMs, industrial operators, and safety-focused organizations. The company operates on a B2B transaction model, with partnerships that require robust and reliable control solutions.


Transactions involve flagship products with a four-year replacement warranty and ongoing technical support. While specific pricing details are not disclosed, the company's offerings meet stringent safety and durability standards, ensuring strong value for clients. BASE Engineering is focused on expanding its product line and market reach, with plans to launch new products designed to meet evolving industry demands in the coming years. The company aims to penetrate new geographic markets, specifically targeting Europe and Asia by 2025.


Recent funding from the acquisition by Marshall Excelsior in September 2017 will support these growth initiatives, allowing for enhanced development and strategic market entry.


Current Investors

Marshall Excelsior, Inc.

Primary Industry

Electronics

Sub Industries

Electronics, Engineering Software

Website

www.baseng.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

BASE Engineering Inc - 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-onCompletedBASE Engineering Inc-

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