Berg Wholesale Inc.

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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 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-onCompletedBerg Wholesale Inc.-

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