MIG, Inc.

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MIG, Inc. - overview

Location

-, MN, US

Primary Industry

Business Support Services

About

MIG, Inc. , based in the US, specializes in delivering advanced economic impact modeling solutions that enhance operational efficiency for diverse industries, including manufacturing, healthcare, and logistics. MIG, Inc. focuses on economic impact modeling solutions.


In June 2013, IMPLAN Group LLC, a portfolio company of Boathouse Capital, along with company management, acquired MIG, Inc. Although financial terms were not disclosed, this acquisition was intended to accelerate new sales and marketing initiatives. Later that year, MIG, Inc. rebranded as IMPLAN Group LLC.


The company is headquartered in Davidson, US. MIG, Inc. specializes in delivering advanced solutions tailored to meet the unique needs of its clients. Its core offerings include innovative technologies that enhance operational efficiency across various sectors.


These products are designed to address challenges in workflow management and data integration, helping users optimize their processes. The company serves a broad clientele, ranging from small businesses to large corporations, with a strong focus on manufacturing, healthcare, and logistics. Their solutions have been implemented in regions including North America, Europe, and Asia, demonstrating the global applicability of their offerings. Revenue generation for MIG, Inc.


is structured around a combination of direct sales and subscription models. Clients engage through annual contracts granting access to their flagship products, which are essential for driving customer success. The transaction structure involves tiered pricing plans that cater to diverse service levels, ensuring options for both small businesses and larger organizations. Collaborations with key industry players enhance distribution and market presence, contributing to sustained revenue growth.


MIG, Inc. has plans to expand its product range, with new technologies currently under development aimed at enhancing client services. The company is targeting expansion into additional geographic markets, including Europe and Asia, by mid-2014. The recent acquisition in June 2013 will facilitate the acceleration of their new sales and marketing initiatives, further supporting these growth strategies.


Current Investors

IMPLAN Group LLC

Primary Industry

Business Support Services

Sub Industries

Business Support Services, Insurance, Software

Website

www.mig-inc.com/

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

MIG, 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-onCompletedMIG, Inc.-

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