Portico Brand Group

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Portico Brand Group - overview

Location

Beverly Hills, CA, US

Primary Industry

Consumer Products

About

Portico Brand Group develops innovative smart home solutions aimed at enhancing comfort, safety, and efficiency in residential spaces through cutting-edge technology and home automation systems. Portico Brand Group focuses on smart home technology, providing products that improve residential living. Founded by David Schlang, the company is headquartered in Beverly Hills, US. Under Schlang’s leadership, Portico has navigated through strategic pivots, adjusting its business operations to align with market demands.


Portico Home specializes in providing innovative home solutions that enhance the living experience through core offerings including smart home devices, home automation systems, and integrated security solutions. These products improve comfort, safety, and efficiency within residential environments and cater to various use cases such as energy management and home monitoring. Portico Home serves a diverse customer base consisting of individual homeowners and property management companies primarily in North America and Europe, where there is a growing demand for home technology integration. Portico Home generates revenue through direct-to-consumer sales and partnerships with retailers and distributors.


The company utilizes a subscription model for certain services, allowing customers to access premium features and updates for their smart home devices. Typical transactions involve purchasing smart home products, with upselling opportunities for service packages that include installation and ongoing support. Revenue comes from initial product sales and recurring subscription fees associated with value-added services.


Primary Industry

Consumer Products

Sub Industries

Household Appliances

Website

www.porticohome.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Portico Brand Group - 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)
BuyoutCompletedPortico-
BuyoutCompletedUnder the Canopy-

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