CEM Inc.
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CEM Inc. - overview
Location
Boucherville, QC, Canada
Primary Industry
Business Support Services
About
CEM Inc. specializes in delivering advanced technology solutions that enhance business operations through innovative software applications tailored for mid-sized enterprises in various sectors. CEM Inc. is a technology company that provides software solutions aimed at improving business efficiency.
The company was acquired by National Technical Systems, Inc. , a subsidiary of Aurora Capital Group, on January 26, 2017. CEM Inc. is headquartered in Boucherville, Canada, and operates with leadership from CEOs Brandon Childs and Maddie Harwood.
CEM Inc. offers a range of innovative software products designed to meet specific market demands in the technology sector. Their main offerings include software applications that improve business operations, enhance data analytics, and boost customer relationship management, primarily aimed at mid-sized enterprises in retail, healthcare, and finance. Key features include real-time data processing, user-friendly interfaces, and customizable options that facilitate efficient decision-making.
The company serves markets across North America, Europe, and Asia-Pacific, catering to both established corporations and emerging startups. CEM Inc. generates revenue through a subscription-based model and B2B partnerships, with clients purchasing annual licenses for software products that include ongoing updates and support. Additionally, the company provides tailored solutions for larger enterprises, which may involve customized implementations and consulting services.
Their flexible pricing strategies accommodate diverse client needs, ensuring long-term contracts and recurring business engagements bolster revenue streams. Looking forward, CEM Inc. plans to launch new software products designed to further enhance operational capabilities for its clients. The company aims to expand into specific markets in Europe and Asia-Pacific by 2023, utilizing recent funding to support product development and market entry strategies.
The acquisition by National Technical Systems, Inc. in January 2017 will also facilitate these growth initiatives, emphasizing the commitment to innovation and market responsiveness.
Current Investors
National Technical Systems, Inc.
Primary Industry
Business Support Services
Sub Industries
Engineering, Consulting Services, Nanomaterials
Website
www.labcem.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
CEM 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 | CEM Inc. | - |
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