MediDrapes, Inc.

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MediDrapes, Inc. - overview

Established

1998

Location

Las Vegas, NV, US

Primary Industry

Medical Devices & Equipment

About

MediDrapes, Inc. specializes in offering innovative digital solutions aimed at enhancing online business presence and efficiency. Their services include website hosting, domain registration, and online marketing tools for diverse businesses. MediDrapes, Inc.


provides digital solutions for businesses to establish their online presence. Founded in 1998 and headquartered in Las Vegas, US, the company has undergone strategic business operations to adapt to market demands. On January 7, 2021, MediDrapes, Inc. was acquired by Infab Corporation, a portfolio company of Hammond, Kennedy, Whitney & Co.


, although financial terms of the transaction were not disclosed. MediDrapes, Inc. specializes in a suite of digital solutions designed to enhance online presence and business efficiency. Its core offerings include website hosting, domain registration, and online marketing tools, aimed at a diverse clientele ranging from small startups to established enterprises.


The geographical markets for these offerings extend globally, including significant penetration in North America, Europe, and parts of Asia, facilitating access to a broad audience for client growth. The company's revenue primarily derives from a subscription-based model, where clients pay for various services on a recurring basis. This structure enables predictable income streams, allowing for effective financial planning. Transactions occur directly between MediDrapes, Inc.


and its clients, covering services such as domain registrations and web hosting packages, with specific pricing plans for different service tiers. MediDrapes, Inc. is focused on future growth through the development of new products designed to enhance client digital experiences. Although specific release dates are not disclosed, the company aims to expand into new geographic markets, particularly targeting additional regions in Europe and Asia by the end of 2022.


The acquisition by Infab Corporation in January 2021 will support these initiatives, providing additional resources for product innovation and market penetration.


Current Investors

Infab Corporation

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Supplies

Website

www.medidrapesinc.com

Verticals

E-commerce, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

MediDrapes, 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-onCompletedMediDrapes, Inc.-

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