Bobit Business Media, Inc.
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Bobit Business Media, Inc. - overview
Established
1961
Location
Torrance, CA, US
Primary Industry
Media
About
Bobit Business Media, Inc. is a specialized provider of B2B media and marketing solutions, serving diverse industries such as Fleet & Transportation, Auto Dealer, Public Safety, and Beauty Health & Wellness. Founded in 1961 and headquartered in Torrance, California, Bobit Business Media, Inc. focuses on delivering industry-specific media solutions and marketing strategies.
The firm was recently acquired by Gemspring Capital in November 2018, with financial terms undisclosed. CEO Paras Maniar oversees the operations, ensuring the company meets the distinct needs of its clients across various sectors. Bobit Business Media, Inc. (BBM) specializes in a range of B2B media and marketing solutions tailored for various industries including Fleet & Transportation, Auto Dealer, Public Safety, and Beauty Health & Wellness.
The core offerings include customized marketing strategies, dynamic industry events, and a comprehensive suite of media solutions designed to facilitate brand growth and engagement. BBM serves a diverse client base that includes executives, agents, and associations across sectors such as trucking, automotive finance, law enforcement, and beauty services. Their solutions encompass original content creation, demand and lead generation, and thought leadership initiatives, effectively catering to multi-generational decision-makers. BBM operates primarily in the North American market, providing services that engage clients and end-users through innovative marketing techniques and event-driven experiences.
Bobit Business Media generates revenue through various structures, including partnerships and direct B2B transactions. The company engages clients through subscription-based models and event participation fees, alongside offering tailored marketing services that may involve custom content and strategic lead generation campaigns. Transactions typically involve clients from the Fleet, Public Safety, and Beauty sectors who require industry-specific marketing insights and engagement solutions. Pricing plans for specific services and products are designed to align with client needs and the unique challenges of their respective industries.
Flagship offerings include events, media services, and content marketing solutions that drive engagement and growth for the brands they serve. Bobit Business Media, Inc. plans to enhance its product offerings by developing new marketing solutions tailored to the evolving needs of its clients. The company aims to expand its market presence in North America and explore opportunities in international markets.
The capital from the acquisition by Gemspring Capital in November 2018 will support these initiatives, facilitating the launch of new services and the enhancement of existing ones.
Current Investors
Gemspring Capital
Primary Industry
Media
Sub Industries
eMarketing/Digital Marketing, Information Services, Digital Media
Website
www.bobitbusinessmedia.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Bobit Business Media, 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 | Warranty Chain Management Conference | - | ||||||||
| Buyout | Completed | Bobit Business Media, Inc. | - |
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