Logic Plus Inc.

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Logic Plus Inc. - overview

Established

1987

Location

Reed City, MI, US

Primary Industry

Industrial Machinery

About

Logic Plus Inc. is a digital solutions provider focused on enhancing online presence and facilitating business growth for small to medium-sized enterprises through website hosting, domain registration, and marketing tools. Logic Plus Inc. was founded in 1987 in Reed City, US, as a digital solutions company.


The company has undergone strategic pivots, enhancing its offerings in response to market demand. In March 2018, Logic Plus Inc. was acquired by Eckhart, Inc. , a portfolio company of LFM Capital, with financial terms undisclosed.


The company specializes in a range of digital solutions tailored to enhance online presence and facilitate business growth. Its core product offerings include website hosting, domain registration, and a suite of online marketing tools designed to empower businesses to establish and maintain a competitive edge. These services are geared towards small to medium-sized enterprises (SMEs) and individual entrepreneurs who seek to build an effective online platform. The primary end use cases these solutions address encompass the need for reliable website performance, user-friendly design capabilities, and efficient digital marketing strategies.


The company serves a diverse customer base across multiple geographical markets, including North America, Europe, and Asia, ensuring a global reach for its digital solutions. The company generates revenue through various structured transactions, primarily focusing on subscription-based models for its hosting and domain services. Clients engage in annual or monthly subscription plans, which provide them with access to essential tools and resources for their online operations. Additional revenue streams may include one-time fees for premium services or add-ons, such as enhanced security features and advanced marketing tools.


The pricing structure is designed to accommodate a range of budgets, catering to both individual users and businesses of varying sizes. Notably, flagship services are central to the company's offerings, reinforcing its position in the market and contributing to sustained revenue growth through recurring client engagements. Logic Plus Inc. aims to expand its product offerings by designing new marketing tools and launching them by 2024.


The company plans to enter new markets in South America and Africa by 2025 to capitalize on emerging opportunities. The recent acquisition by Eckhart, Inc. will support these initiatives by providing additional resources and operational synergies.


Current Investors

Eckhart, Inc.

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.logicplus.net

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Logic Plus Inc. - 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-onCompletedLogic Plus Inc.-

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