Benchmark Builders, Inc.

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.

Benchmark Builders, Inc. - overview

Established

2008

Location

New York, NY, US

Primary Industry

Construction

About

Benchmark Builders, Inc. is a New York-based interior contracting firm specializing in the design and construction of modern workspaces tailored to client specifications. They focus on delivering functional and aesthetically pleasing environments to diverse sectors. Benchmark Builders, Inc.


operates as an interior contracting firm that creates contemporary workspaces. Founded in 2008 and headquartered in New York, USA, the firm was notably involved in a Buyout in October 2019, where Lateral Investment Management acquired a 50% stake for USD 56 mn. The company has not undergone significant pivots or changes in strategy, and there are no mentions of subsidiaries or parent companies. The founder, Fred Sacramone, has a history in the industry, although specific details regarding other ventures are not provided.


Benchmark Builders, Inc. is a prominent interior contracting firm based in Manhattan, specializing in the creation of contemporary workspaces tailored to meet client needs. Their core offerings encompass a comprehensive range of construction services that transform client visions into functional, aesthetically pleasing environments. The firm serves a diverse clientele, including sectors such as legal, financial, media, technology, corporate, luxury, education, and retail, ensuring that each project is approached with an understanding of unique industry requirements.


Benchmark Builders focuses on delivering high-quality craftsmanship and functionality, working closely with clients to design and execute projects that enhance workplace productivity and appeal, particularly in metropolitan areas across the Northeast United States. Benchmark Builders operates on a business-to-business (B2B) model, engaging directly with corporate clients to fulfill their interior construction needs. The revenue structure is driven by project-based contracts, where clients commission the firm for specific projects, and payment is typically made upon project milestones or completion. This approach facilitates a clear financial exchange, ensuring transparency throughout the construction process.


The firm’s revenue is supported by repeat business from satisfied clients who appreciate the quality of service and craftsmanship, enhancing their market presence and profitability through significant project collaborations across multiple sectors. Benchmark Builders, Inc. aims to leverage its recent funding to support strategic growth initiatives. Following the Buyout deal on October 15, 2019, where USD 56 mn was raised, the firm plans to expand its operations into new markets across the Northeast United States, targeting sectors that are rapidly evolving.


While specific new products and designs are not detailed, the funding will be directed towards enhancing their service offerings and increasing market share within the construction industry.


Current Investors

Lateral Investment Management

Primary Industry

Construction

Sub Industries

Construction

Website

www.benchmark-ny.com

Verticals

Infrastructure

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Benchmark Builders, 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)
BuyoutCompletedBenchmark Builders, Inc.-

Displaying 1 - 1 of 1

Benchmark Builders, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

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.