Innovative Modular Solutions
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Innovative Modular Solutions - overview
Established
1999
Location
-, IL, US
Primary Industry
Construction
About
Innovative Modular Solutions specializes in delivering modular building solutions for diverse sectors, including education and healthcare, providing customizable structures for rapid deployment to meet various space needs. Innovative Modular Solutions is engaged in the design and manufacturing of modular buildings, focusing on needs for temporary or permanent space solutions. Established in 1999 in the US, the company has undergone changes, including its acquisition by Vesta Housing Solutions, LLC, on January 20, 2021. The founder's information is not publicly available.
Innovative Modular Solutions provides modular building solutions for industries such as education, healthcare, government, and commercial sectors. Their offerings include portable classrooms, modular offices, kitchen facilities, and restrooms, designed for quick deployment and customization to suit client needs. The company serves a broad customer base, including educational institutions and government agencies, ensuring compliance with state codes and promoting environmentally friendly construction practices. Innovative Modular Solutions operates on a direct sales and rental model, generating income from leasing and selling modular buildings.
Clients engage in contracts for short- or long-term rentals, tailored to meet specific requirements, which include installation and maintenance services. Pricing varies according to the unit type and size, with comprehensive service offerings enhancing customer experience. The company's revenue strategy aligns with the demand for flexible solutions in the construction and education sectors. In the near future, Innovative Modular Solutions plans to expand its product line with new modular solutions aimed at enhancing adaptability in various environments.
The company targets growth in new geographical markets, particularly focusing on expanding its presence in underserved regions within the United States. The acquisition by Vesta Housing Solutions, LLC, will bolster its capabilities to support these initiatives, as the financial terms of the deal are not disclosed, but are expected to enhance operational capacity.
Current Investors
VESTA Modular
Primary Industry
Construction
Sub Industries
Consulting Services, Construction
Website
www.innovativemodular.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Innovative Modular Solutions - 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 | Innovative Modular Solutions | - |
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