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 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-onCompletedBoom-Tech-

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