Berg Wholesale 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.
Berg Wholesale Inc. - overview
Established
1984
Location
Tualatin, OR, US
Primary Industry
Logistics & Distribution
About
Berg Wholesale Inc. is a technology-driven company specializing in operational efficiency solutions through innovative software platforms. They cater primarily to healthcare, finance, and logistics sectors, enhancing user experiences with advanced analytics and decision-making tools. Berg Wholesale Inc.
, founded in 1984 and headquartered in Tualatin, US, specializes in technology solutions for business optimization. In May 2019, the company was acquired by Banner Solutions, which has strengthened its market position. The founder's prior ventures are not disclosed, and specific information about the CEO is currently unavailable. The company's core offerings revolve around advanced technological solutions designed to optimize operational efficiency and enhance user experience.
Their flagship product is a comprehensive software platform that integrates artificial intelligence and machine learning to streamline business processes, primarily targeting industries such as healthcare, finance, and logistics. This platform is aimed at solving critical challenges, including data management, predictive analytics, and real-time decision-making. Released in 2021, the solution caters to a diverse client base that includes mid-sized enterprises to large corporations across North America, Europe, and select markets in Asia. The end users of these services typically comprise operational managers, data analysts, and decision-makers who rely on these insights to drive strategic initiatives.
The company generates revenue through a subscription-based model, which facilitates ongoing relationships with its clients. Clients typically engage with the firm by selecting tiered subscription plans that provide varying levels of access to the platform's features, including advanced analytics tools and customer support services. Transactions are structured directly between the company and its clients, with agreements often encompassing multi-year contracts that ensure stability and predictability in revenue streams. Pricing plans are designed to align with the value delivered, tailored for different business sizes and needs, allowing for flexibility.
This structure positions the company to effectively serve a wide range of customers while maximizing the potential for recurring revenue through its premier offerings. Berg Wholesale Inc. aims to leverage the acquisition by Banner Solutions to enhance its product offerings and market reach. While specific new products are not yet disclosed, the integration of resources and expertise from the acquisition is expected to drive innovation.
The company is targeting expansion into new markets, particularly in Asia and Europe, with plans to solidify its presence by 2022. Recent funding from the acquisition will be utilized to support these initiatives and strengthen their operational capabilities.
Current Investors
Banner Solutions
Primary Industry
Logistics & Distribution
Sub Industries
Electrical, Plumbing & Hardware Distributors
Website
www.bergwholesale.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Berg Wholesale Inc. - 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 | Berg Wholesale Inc. | - |
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.