Next Generation Vending, LLC
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Next Generation Vending, LLC - overview
Location
Canton, MA, US
Primary Industry
Industrial Machinery
About
Next Generation Vending, LLC develops innovative technology solutions aimed at enhancing operational efficiency and user experience across various sectors. Their software suite addresses the needs of diverse clients, facilitating streamlined workflows and improved data analytics capabilities. Next Generation Vending, LLC specializes in providing technology solutions that improve operational efficiency for businesses. The company is located in Canton, US.
In May 2014, it sold off its vending, foodservice, office coffee, and water service to a series of other vending concerns. The founder's history is not available. The company focuses on delivering technology solutions that enhance operational efficiency and user experience in a variety of industries. Their core offerings comprise a comprehensive software suite designed to streamline workflows, automate routine tasks, and provide robust data analytics capabilities.
These products cater to a wide range of clients, from small businesses to large enterprises, allowing users to optimize operations and make informed decisions. The primary end users are within sectors such as finance, healthcare, and manufacturing, where they utilize the company's solutions to tackle unique challenges. The company markets its products mainly in North America and Europe, where there is increasing demand for advanced technological solutions. The company's revenue model is based on a subscription framework, enabling clients to access software solutions on a recurring basis.
This includes tiered pricing plans tailored to various business sizes and needs, offering flexibility for both small startups and large corporations. Transactions are conducted through direct sales to businesses, with clients subscribing to different service levels according to their requirements. A notable product is their enterprise resource planning (ERP) system, which integrates multiple business functions into a single platform. The pricing structure is designed to deliver value at each tier, reflecting the diverse capabilities and support levels associated with each subscription plan.
Next Generation Vending, LLC is focused on expanding its product offerings and geographic reach. The company plans to develop new technology solutions designed to enhance operational capabilities, although specific upcoming products and release dates have not been disclosed. Additionally, they aim to enter new markets in North America and Europe by the end of 2024. The recent funding raised in May 2014 has been allocated to support these expansion initiatives and further product development efforts.
Primary Industry
Industrial Machinery
Sub Industries
Non-Alcoholic Beverages, Industrial Machinery
Website
www.nextgenerationone.com/
Total Amount Raised
Subscriber access only
Next Generation Vending, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Next Generation Vending, LLC | - | ||||||||
| Recapitalisation | Completed | Next Generation Vending, LLC | - |
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