Bridges Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Bridges Inc. - overview

Established

2000

Location

-, MD, US

Primary Industry

IT Security/Cybersecurity

About

Bridges Inc. is a US-based company that specializes in innovative software solutions aimed at enhancing connectivity and collaboration for businesses across diverse sectors. Founded in 2000, Bridges Inc. provides advanced software platforms that facilitate project management and team communication.


The company has evolved its business strategy through an acquisition; it was acquired by Applied Insight LLC, a subsidiary of The Acacia Group, in February 2021. The company's headquarters is located in the United States. The founders include Amine Othmane, Andrea Catán, and Chuck Faughnan, with CEO Adam Miles leading the company since its inception. Bridges Inc.


has been involved in 2 deals as part of its growth strategy. Bridges Inc. offers a range of innovative solutions designed to enhance connectivity and collaboration across various sectors. The company's core product line includes advanced software platforms that facilitate project management and team communication.


These solutions are tailored to address the specific needs of businesses looking to optimize their operations and improve workflow efficiency. The end users primarily consist of small to medium-sized enterprises, as well as larger corporations seeking to streamline their processes. Bridges Inc. targets markets in North America, Europe, and Asia, ensuring its products are accessible to a diverse client base that spans multiple industries, including technology, finance, and healthcare.


The revenue model for Bridges Inc. is structured around a combination of subscription services and direct product sales, engaging in B2B transactions. Clients typically subscribe to software solutions on a monthly or annual basis, allowing ongoing access to updates and customer support. For instance, a client may purchase a subscription to the flagship project management software, with various tiers based on the number of users and features selected.


Bridges Inc. also offers customized solutions for larger enterprises through partnership agreements that ensure tailored support and integration. Following the acquisition on February 17, 2021, Bridges Inc. aims to leverage new resources and technologies to enhance its product offerings and expand its market presence.


The company plans to develop and launch several new products tailored to its customers' evolving needs. Bridges Inc. is also targeting expansion in European and Asian markets within the next two years, utilizing insights gained from Applied Insight LLC to better serve these regions. The acquisition is expected to provide Bridges Inc.


with resources to enhance employee opportunities and bring the latest technologies to its customers.


Current Investors

Applied Insight LLC, Proud Moments ABA

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Infrastructure, IT Security/Cybersecurity, Analytics & Performance Software, Engineering Software

Website

www.bridges-inc.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Bridges 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-onCompletedBridges Inc.-
Add-onCompletedBridges Inc.-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.