BGRS, LLC
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BGRS, LLC - overview
Established
1998
Location
Burr Ridge, IL, US
Primary Industry
Outsourcing
About
BGRS, LLC specializes in relocation and moving services, providing innovative solutions to corporate clients and individual consumers for seamless transitions during relocations. Founded in 1998 in Burr Ridge, US, BGRS, LLC offers relocation services and has undergone significant business changes. The company was acquired by Relo Group, Inc. in April 2019 for USD 230 mn.
Traci Morris serves as CEO, leading the company in providing comprehensive relocation solutions globally. BGRS provides a wide range of relocation and moving services to corporate clients and consumers worldwide. Their core offerings include employee relocation solutions, household goods moving, commercial moving, and storage services, enhanced by advanced technology to support smooth transitions across borders or within countries. BGRS operates in over 190 countries, catering to a diverse client base including multinational corporations and individual consumers.
BGRS generates revenue through B2B services for corporate clients and direct-to-consumer moving solutions. Their revenue model is based on fees for relocation services, commercial moving projects, and customized storage solutions, often involving contractual agreements with corporate clients, ensuring a steady revenue stream. The client pricing structure for individuals includes various moving services such as household goods transport. Following the acquisition by Relo Group, Inc.
, BGRS aims to expand its service offerings and bolster its market presence. The company plans to leverage the recent funding of USD 230 mn from the Trade Sale to enhance service capabilities and explore new market opportunities. Specific geographical expansions are anticipated in key Asia-Pacific markets by 2022, with ongoing efforts to innovate in their service delivery for both corporate and individual clients.
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Human Resources Services, Education & Training Services
Website
www.bgrs.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
BGRS, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | BGRS, LLC | - | ||||||||
| Buyout | Completed | BGRS, LLC | - |
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