Fortive Corporation
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Fortive Corporation - overview
Established
2016
Location
Everett, WA, US
Primary Industry
Business Support Services
About
Based in the US, Fortive Corporation is a technology company that specializes in providing advanced solutions to enhance safety and productivity in industrial and healthcare environments. Fortive Corporation, founded in 2016, is located in Everett, US. The company offers a range of essential technologies focusing on safety and productivity improvements. Fortive was established by a team of founders including Augusto Pinheiro, David Nguyen, Josh McElhattan, Mahmoud Barakat, Marcos Oliveira, Raj Popuri, Roselin de Nooijer, Stephen Hopkins, Theodore Patestos, and Yuki Kuramoto.
The current CEO is Jim Lico, who leads the company's operations and strategic direction. Fortive offers a broad range of essential technologies primarily aimed at enhancing safety and productivity in industrial and healthcare environments. Their core product offerings include solutions for medical device safety, radiation protection, and automation of critical workflows aimed at improving patient care. The technologies address various challenges such as infection prevention and intelligent automation, ensuring that healthcare providers can focus on delivering exceptional patient care.
In industrial applications, Fortive technologies specialize in hazard detection and predictive maintenance, contributing to operational safety and efficiency. The products serve a diverse client base encompassing healthcare providers, industrial operators, and safety organizations across multiple regions, including North America, Europe, and Asia-Pacific. Fortive generates revenue through a multi-faceted transaction structure that includes B2B sales and partnerships with healthcare and industrial clients. The company capitalizes on long-term contracts and service agreements, which provide a steady stream of income as clients utilize Fortive's technologies for ongoing safety and operational improvements.
Revenue is derived from direct sales of flagship products and services, with clients typically engaging in annual contracts or subscription models. The structure allows for predictable revenue while enabling clients to leverage Fortive’s advanced technologies to maintain safety standards and operational efficiencies. Specific pricing plans and financial terms related to these transactions are tailored to individual client needs, reflecting the customized nature of Fortive's offerings.
Primary Industry
Business Support Services
Sub Industries
Engineering, Electronics, Software
Website
www.fortive.com
Total Amount Raised
Subscriber access only
Fortive Corporation - 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 | EA Elektro-Automatik GmbH & Co. KG | - | ||||||||
| Trade Sale | Completed | ProVation Software, Inc. | - | ||||||||
| Trade Sale | Completed | Censis Technologies, Inc. | - | ||||||||
| Trade Sale | Completed | Accruent, LLC | - | ||||||||
| Trade Sale | Completed | Gordian, Inc. | - |
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