Municipal Building Inspection Solutions

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Municipal Building Inspection Solutions - overview

Location

-, OH, US

Primary Industry

Construction

About

Municipal Building Inspection Solutions provides innovative technology services dedicated to enhancing operational efficiency in the building inspection sector. Their solutions address critical operational challenges faced by municipalities and regulatory bodies. Municipal Building Inspection Solutions offers technology solutions tailored for the building inspection industry. The company is headquartered in Bedford Heights, US.


In July 2015, the company was acquired by SAFEbuilt, a portfolio company of Riverside Company. There are no details available regarding the founder's history or other companies they may have founded. MBIS Limited specializes in comprehensive technology solutions designed to enhance operational efficiency across various sectors. Their core product offerings include advanced data management systems, cloud computing services, and customized software solutions.


These services are engineered to address specific challenges faced by businesses, such as data security, scalability, and integration with existing IT infrastructure. MBIS Limited primarily serves clients in sectors such as finance, healthcare, and manufacturing, providing solutions that are vital for their digital transformation initiatives. The company’s products are marketed in various geographical areas, including North America and Europe, catering to a diverse clientele ranging from small enterprises to large corporations. The revenue model of MBIS Limited is structured around a combination of subscription-based services and direct sales of software products.


Clients typically engage in annual subscriptions for ongoing access to the company’s software platforms, which include maintenance and support services. Additionally, the company facilitates one-time purchases of its flagship software solutions, enabling businesses to integrate them into their operations seamlessly. This transactional framework ensures a continuous revenue stream while providing clients with the flexibility to choose between long-term commitments and immediate solutions. The specific pricing plans for these products are structured to reflect their value, catering to a broad spectrum of customers from startups to established enterprises.


Looking ahead, Municipal Building Inspection Solutions aims to expand its product offerings, focusing on the development of new software solutions targeted for release in 2024. The company plans to enter new markets, particularly in the Asia-Pacific region and Latin America, by the end of 2025, leveraging recent funding to bolster this expansion. In July 2015, the company was acquired by SAFEbuilt, and the details of the financial terms were not disclosed.


Current Investors

SAFEbuilt, Inc.

Primary Industry

Construction

Sub Industries

Engineering, Construction

Website

www.mbislimited.com

Verticals

Urban Planning

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Municipal Building Inspection Solutions - 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-onCompletedMunicipal Building Inspection Solutions-

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