FacilitySource, Inc.
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FacilitySource, Inc. - overview
Established
2001
Location
Columbus, OH, US
Primary Industry
Software
About
FacilitySource, Inc. specializes in data-driven facilities management solutions designed to optimize operational performance for multi-site organizations across various sectors, including retail and hospitality. Founded in 2001 and headquartered in Columbus, US, FacilitySource, Inc. provides integrated facilities management services.
The company was acquired in June 2018 by CB Richard Ellis Services from Warburg Pincus for USD 290. 00 mn. The latest funding round, a Trade Sale, marks a significant operational shift for the company. FacilitySource, Inc.
offers technology-enhanced facilities management solutions, leveraging its proprietary platform, fmPilot, built on Microsoft Dynamics 365 Field Service. These services cater to large retail chains, grocery stores, and other multi-site organizations, delivering operational efficiency across North America, Europe, and the Asia Pacific region. The emphasis on data-driven insights allows clients to manage facility-related costs effectively while ensuring high service standards with a network of over 25,000 service providers. FacilitySource generates revenue through service contracts and partnerships under a subscription model.
Clients engage the company for ongoing services, including preventive maintenance and repair management, tailored to their unique operational needs. The structured revenue generation through B2B relationships facilitates repeat business and value creation, with technology-driven offerings like the fmPilot platform enhancing client engagement. Looking ahead, FacilitySource plans to expand its market presence by targeting new regions in North America and Europe by 2025. The recent acquisition funding will support the development of new products and enhancements to existing services, providing more comprehensive solutions to its clients.
The strategic focus will leverage data-driven technology to further streamline operational efficiencies and meet the evolving needs of facility management in the retail sector.
Primary Industry
Software
Sub Industries
Business Support Services, Analytics & Performance Software, Accounting/Finance Software
Website
www.facilitysource.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
FacilitySource, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | FacilitySource, Inc. | - | ||||||||
| Growth | Completed | FacilitySource, Inc. | - |
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