NetFacilities, Inc.
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NetFacilities, Inc. - overview
Location
Long Beach, CA, US
Primary Industry
Software
About
NetFacilities, Inc. offers a cloud-based facility management software that optimizes operations for organizations managing multiple properties, focusing on maintenance management, asset tracking, and work order management. NetFacilities, Inc. is dedicated to providing advanced facility management solutions through its cloud-based software platform.
The company is headquartered in Long Beach, US. It was acquired by AMTdirect, a portfolio company of Luminate Capital Partners, on September 25, 2018, with financial terms undisclosed. NetFacilities specializes in providing comprehensive facility management solutions through its core product offerings. The company’s primary service includes a cloud-based software platform that integrates various aspects of facility management, streamlining operations such as maintenance management, asset tracking, and work order management.
These solutions are designed to enhance operational efficiency for organizations managing multiple facilities, addressing challenges such as resource allocation, maintenance scheduling, and compliance reporting. NetFacilities primarily serves clients in sectors such as healthcare, education, and corporate real estate, offering tailored solutions to meet specific industry needs. The company markets its products across North America, Europe, and parts of Asia, catering to a diverse clientele that includes both large enterprises and small to medium-sized organizations. NetFacilities generates revenue through a subscription-based model for its facility management software, offering clients various pricing plans based on the features and services utilized.
The company establishes partnerships with organizations to deliver tailored solutions that enhance facility operations, fostering long-term client relationships. Transactions typically occur on an annual basis, with clients selecting from different tiers of service that include additional features such as advanced analytics and customer support. Flagship offerings within their product suite may include high-demand modules that focus on maintenance management and asset tracking, which are essential for clients looking to optimize their facility management processes. The pricing structure is designed to be scalable, accommodating the varying needs of clients across different geographic markets.
In the future, NetFacilities plans to expand its product offerings by launching new features focused on enhancing user experience and functionality, with a target release date set for late 2024. The company is also planning to penetrate new markets in Asia, specifically targeting Japan and South Korea by 2025. The recent acquisition by AMTdirect provides NetFacilities with the financial backing and strategic resources needed to support these growth initiatives.
Current Investors
AMTdirect, LLC
Primary Industry
Software
Sub Industries
Systems Management Software
Website
www.netfacilities.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
NetFacilities, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | NetFacilities, Inc. | - |
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