Ovation Logistics inc.
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Ovation Logistics inc. - overview
Established
1935
Location
Sherbrooke, QC, Canada
Primary Industry
Logistics & Distribution
About
Ovation Logistics Inc. provides innovative logistics solutions, focusing on efficient supply chain management and enhancing operational workflows to meet diverse client needs in a competitive market. Ovation Logistics Inc. specializes in logistics and supply chain management.
Founded in Sherbrooke, Canada in 1935, the company has been involved in a range of deals, with its most recent acquisition occurring on June 30, 2015, when Entrepreneur Capital acquired Ovation Logistics Inc. Financial terms were not disclosed. The company specializes in the development and distribution of privacy-focused software solutions, with its flagship product being the Privacy Shield Browser. This innovative browser is designed to enhance online privacy and security for users, addressing the growing concerns surrounding data protection and surveillance in the digital age.
Launched to meet the demands of both individual consumers and businesses, the browser includes features such as secure browsing, ad-blocking, and data protection tools. The primary client base comprises tech-savvy users, privacy advocates, and organizations that prioritize cybersecurity, serving markets across North America, Europe, and select regions in Asia. Through its commitment to user-friendly design and robust privacy measures, the company aims to empower users by providing them with the tools necessary to navigate the web safely and privately. The company's revenue model is built on a subscription-based framework, wherein users pay for access to premium features and enhanced services within the Privacy Shield Browser.
This model fosters long-term customer relationships as users are incentivized to continue their subscriptions to benefit from ongoing updates and new features. Typical transactions occur directly between the company and consumers, with clients selecting from various subscription tiers that offer differing levels of functionality and support. For example, a standard plan might provide access to essential privacy tools, while a premium plan could include advanced security features and priority customer support. This structured approach not only streamlines revenue generation but also establishes a predictable cash flow, contributing to the company's financial stability.
Ovation Logistics Inc. aims to continue its growth by launching new features for the Privacy Shield Browser, enhancing its capabilities to better serve users. The company is also planning to expand its market presence in Europe and Asia by the end of 2023. The funds from the acquisition in 2015 are expected to support these initiatives, helping to develop innovative products and enter new geographic regions.
Current Investors
Entrepreneur Capital
Primary Industry
Logistics & Distribution
Sub Industries
Courier & Delivery Services, Public Transit/Transportation
Website
www.ovationlogistics.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Ovation Logistics 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Ovation Logistics inc. | - |
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