R&D Enterprises, Inc.
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R&D Enterprises, Inc. - overview
Established
1974
Location
Livonia, MI, US
Primary Industry
Industrial Machinery
About
R&D Enterprises, Inc. specializes in delivering innovative digital solutions that enhance operational efficiency and improve user experience for businesses across various sectors. R&D Enterprises, Inc. is a provider of digital solutions with its headquarters in Livonia, US.
The company was founded in 1974. It was acquired by Thermal Solutions Manufacturing, Inc. in September 2012. The founder's previous company information is not available.
The company’s primary offerings center around innovative digital solutions designed to enhance operational efficiency and improve user experience across various sectors. Their flagship products include a suite of software applications that streamline project management, facilitate team collaboration, and optimize resource allocation. These tools are developed to address specific challenges faced by businesses in managing workflows, which can lead to increased productivity and reduced operational costs. Their client base spans multiple industries, including technology, healthcare, and finance, serving small to mid-sized enterprises across North America, Europe, and Asia-Pacific markets.
The solutions have been designed for versatility, allowing end users to customize functionalities to meet their unique business needs, with releases rolled out in stages over the past few years to incorporate user feedback and technological advancements. The company generates revenue primarily through a subscription-based model, where clients pay for access to their software products on a monthly or annual basis. This structure allows for predictable income streams and fosters long-term relationships with users. Additionally, the company may engage in partnerships with other enterprises to offer bundled services that enhance the value proposition for clients.
Pricing plans are structured to accommodate various business sizes and needs, with tiered options that provide different levels of access to features, support, and updates. Key services associated with their revenue generation include premium subscriptions and enterprise-level solutions tailored for larger organizations, ensuring a broad range of offerings that cater to diverse market demands. In the coming years, R&D Enterprises, Inc. plans to launch new software products aimed at enhancing project management functionalities, with expected releases in 2023 and 2024.
The company is also targeting expansion into the Asia-Pacific and European markets by 2025, focusing on establishing partnerships with local enterprises. The acquisition by Thermal Solutions Manufacturing, Inc. in September 2012 will support these initiatives by providing additional capital and resources for product development and market entry.
Current Investors
Thermal Solutions Manufacturing, Inc.
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.rdent.net
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
R&D Enterprises, 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 | R&D Enterprises, Inc. | - |
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