Bullseye Testing, LLC
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Bullseye Testing, LLC - overview
Established
2013
Location
-, TX, US
Primary Industry
Oil & Gas
About
Bullseye Testing, LLC specializes in enhancing digital presence and online management for businesses with a comprehensive suite of services, including website hosting, domain registration, and website building tools. Founded in 2013 and headquartered in Midland, US, Bullseye Testing, LLC provides digital solutions that include website hosting and domain services. In 2016, Hastings Equity Partners acquired the company, although financial terms were not disclosed. The firm has completed one deal as of June 1, 2016.
The company offers a comprehensive suite of products and services aimed at enhancing digital presence and online management for businesses. Its core offerings include robust website hosting solutions, domain registration, and website building tools tailored for users ranging from small enterprises to large corporations. These products facilitate the creation and management of websites, enabling clients to establish an effective online footprint. The company primarily serves a diverse customer base, including entrepreneurs, small business owners, and established firms seeking to optimize their online operations.
Geographically, its services extend across multiple regions, including North America, Europe, and parts of Asia, positioning the company as a key player in the global digital solutions market. The company's revenue is generated through a combination of subscription-based services and one-time fees for various digital solutions. Customers typically engage in contractual agreements for website hosting and domain registrations, which are structured on annual or multi-year payment plans. These transactions often involve tiered pricing models, where clients select from different service levels based on their specific needs and business scale.
Noteworthy products contributing to revenue include flagship hosting packages and premium domain registrations, which are tailored to enhance visibility and performance for their users. The diverse transaction structure facilitates continuous revenue streams while catering to both individual consumers and business-to-business partnerships. Bullseye Testing, LLC has plans to advance its product offerings by designing new web-based tools aimed at enhancing user experience, with potential launch dates in late 2023. The company is targeting expansion into emerging markets in South America and Southeast Asia by 2024 to broaden its customer base.
The recent acquisition by Hastings Equity Partners in June 2016 will support these initiatives through strategic investments, although specific allocation details have not been disclosed.
Current Investors
Hastings Equity Partners
Primary Industry
Oil & Gas
Sub Industries
Engineering, Oil & Gas Equipment and Services, Construction
Website
www.bullseyeservices.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Bullseye Testing, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Scan-X Pipe Inspection, LLC | - | ||||||||
| Buyout | Completed | Bullseye Testing, LLC | - |
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