Foris Solutions, LLC

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Foris Solutions, LLC - overview

Established

2010

Location

Detroit, MI, US

Primary Industry

Financial Services

About

Foris Solutions, LLC, headquartered in Detroit, US, specializes in providing innovative software solutions that optimize operational efficiency across diverse sectors, including finance, healthcare, and supply chain logistics. Foris Solutions, LLC is dedicated to developing software solutions that enhance operational efficiency. Founded in 2010 in Detroit, US, the company has undertaken one significant deal to date. The founder's history is not specified, and there is no mention of company pivots or subsidiaries.


The most recent deal occurred on February 3, 2026, when Precision Garage Door Tri-State, a portfolio company of Monogram Capital Partners, acquired Foris Solutions, LLC, although financial terms were not disclosed. Foris Solutions specializes in delivering innovative software solutions designed to optimize operational efficiency across various sectors. Their core product offering encompasses a suite of advanced analytics and data management tools tailored for industries such as finance, healthcare, and supply chain logistics. These solutions function by integrating seamlessly with existing systems, allowing clients to harness data-driven insights that enhance decision-making and streamline processes.


The end use cases predominantly focus on improving productivity and reducing costs for businesses, effectively addressing challenges related to data silos and inefficient workflows. Foris Solutions serves a diverse customer base, including mid-sized enterprises and large corporations, primarily within North America and Europe, facilitating their entry into new markets through enhanced technological capabilities. Foris Solutions generates revenue through a combination of subscription-based models and direct sales of their software products. Clients typically enter into multi-year contracts that provide ongoing access to updates and support, fostering long-term relationships and stable revenue streams.


The pricing structure is tiered based on the size of the organization and the specific features required, allowing flexibility for both small businesses and large enterprises. Flagship products are offered in bundles that may include licensing fees, maintenance agreements, and additional service options tailored to client needs. This transactional framework ensures that Foris Solutions can maintain consistent engagement with its clients while delivering value through its proprietary technology solutions. Following the acquisition by Precision Garage Door Tri-State, Foris Solutions will focus on enhancing its business development.


The company plans to utilize the resources from the acquisition to innovate and potentially expand its product offerings. Specific details regarding future product launches or geographic market expansions have not been disclosed, but the acquisition indicates a strategic move towards integrating Foris Solutions' capabilities into a broader operational framework.


Current Investors

Precision Garage Door Tri-State

Primary Industry

Financial Services

Sub Industries

Investment Banking

Website

www.dev.forissolutions.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Foris Solutions, LLC - 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-onCompletedForis Solutions, LLC-

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