Modus, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Modus, LLC - overview

Established

2005

Location

San Francisco, CA, US

Primary Industry

Telecoms

About

Modus, LLC is a firm focused on the design, construction, and maintenance of critical infrastructure, supporting advanced technologies such as wireless networks and electric vehicle charging stations across the United States. Founded in 2005 in San Francisco, US, Modus, LLC specializes in infrastructure solutions for telecom operators and utility providers. The company was co-founded by Chad Abbott, Chand Abbott, Erik Corkery, and Ryan Crowley. It has secured one major deal, with the most recent occurring on September 1, 2020, when Bow River Capital and Platform Partners acquired Modus.


There are no known pivots or changes in business operations. Modus, LLC specializes in designing, constructing, and maintaining critical infrastructure that supports advanced technologies, including wireless cell sites, fiber networks, and electric vehicle (EV) charging stations. Their offerings encompass site acquisition, engineering, utility services, and clean energy solutions, primarily serving telecom operators, utility providers, and businesses seeking to enhance network capabilities or transition to greener energy solutions. The firm operates in key markets across the US, including California, Texas, Florida, and New York, ensuring connectivity in both urban and rural areas.


Modus, LLC generates revenue through project-based contracts, primarily structured as B2B partnerships with telecom and utility companies. The company engages in direct transactions with clients, offering turnkey solutions that include site acquisition, construction, and ongoing maintenance services. Their revenue comes from fixed-price contracts, with nearly 2,500 cell sites built and over 4,550 site acquisition and engineering projects delivered in 2023, indicating a focus on value-driven services tailored to the infrastructure sector. Looking ahead, Modus, LLC aims to enhance its service offerings and market presence, potentially through the development of new products in the infrastructure space.


The company is focusing on expanding into additional regions, targeting markets that have not yet been fully penetrated. The recent acquisition deal in September 2020 is expected to provide strategic advantages and resources to support these initiatives, although specific details on product launches or regional targets have not been disclosed.


Current Investors

Bow River Capital, Platform Partners

Primary Industry

Telecoms

Sub Industries

Internet Service Providers, Telecoms Towers & Infrastructure

Website

www.modusllc.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Modus, 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-on, Trade SaleCompletedSource Broadband Services, LLC-
BuyoutCompletedModus, LLC-

Displaying 1 - 2 of 2

Modus, LLC - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.