Boom-Tech
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Boom-Tech - overview
Established
2001
Location
Gorham, ME, US
Primary Industry
Environmental Services
About
Boom-Tech is a technology company focused on delivering innovative software solutions that enhance operational efficiency for businesses across various industries. Founded in 2001, Boom-Tech operates out of Gorham, US, providing a software platform that integrates with existing business systems. The company underwent a significant change in ownership when it was acquired by National Response Corporation in November 2016. The founder's history and previous ventures are not publicly available.
Boom-Tech specializes in innovative technology solutions aimed at enhancing operational efficiency across various industries. Its core product offerings include a robust software platform that integrates seamlessly with existing business systems to provide real-time data analytics, workflow automation, and enhanced customer engagement tools. These solutions empower businesses to make informed decisions and improve overall productivity. The company serves a diverse client base, including medium to large enterprises in sectors such as healthcare, finance, and manufacturing, particularly in North America and Western Europe.
The software was officially launched in early 2021 and has seen widespread adoption among clients seeking to modernize their operations. Boom-Tech generates revenue primarily through a subscription-based model, where clients pay for access to the software platform based on tiered pricing plans. Businesses may opt for a basic plan that provides essential analytics tools, while larger enterprises might choose a premium package that includes advanced capabilities and personalized support. This structure fosters long-term partnerships, complemented by B2B transactions with industry partners, allowing the firm to adapt its pricing and features continuously to meet market demands.
Boom-Tech plans to enhance its product line by developing additional features and new software solutions designed to launch in late 2024. The company is targeting expansion into new geographic markets, including Australia and Southeast Asia, by 2025. Recent funding from the acquisition in November 2016 will be strategically utilized to support these initiatives, assisting in product development and marketing efforts to increase market penetration.
Current Investors
NRC Group Holdings LLC
Primary Industry
Environmental Services
Sub Industries
Environmental Services
Website
www.boomtechnologyinc.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Boom-Tech - 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 | Boom-Tech | - |
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