Innovative Office Products, LLC

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Innovative Office Products, LLC - overview

Established

1986

Location

Easton, PA, US

Primary Industry

Hardware

About

Innovative Office Products, LLC specializes in ergonomic workspace solutions that enhance productivity and functionality in various environments, such as offices and healthcare facilities. Founded in 1986 in Easton, US, Innovative Office Products, LLC focuses on ergonomic office solutions. The company underwent a strategic acquisition in February 2018, when it was acquired by a consortium led by Cathay Capital. The CEO is Steven Bramson.


Innovative Office Products offers a diverse range of ergonomic mounting solutions, including monitor mounts, sit-stand workstations, height-adjustable bases, point-of-sale mounts, and seating options. Their products cater to various sectors like government, healthcare, education, and retail, with a focus on improving ergonomics and productivity. The company follows a B2B business model, generating revenue through direct sales of ergonomic solutions to institutions and businesses. Sales typically involve one-time purchases or contracts for bulk orders, with pricing tailored to client needs and potential volume discounts available.


The recent acquisition in February 2018 will enable Innovative Office Products to pursue its growth strategy. The company plans to introduce new ergonomic products designed to enhance workplace functionality and health, although specific release dates are not provided. Additionally, there are intentions to expand into new geographic markets, with targeted regions being North America and select international areas. The funding from the acquisition will be allocated to support these expansion initiatives and product development.


Primary Industry

Hardware

Sub Industries

Computer & Related Peripherals

Website

www.innovativeworkspaces.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Innovative Office Products, 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-onCompletedSiS International-
Add-onCompletedHAT Contract, Inc.-
Secondary BuyoutCompletedInnovative Office Products, LLC-
Add-onCompletedErgotech Group, LLC.-
BuyoutCompletedInnovative Office Products, LLC-

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Innovative Office Products, LLC - employee data

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