Range Mobility Inc.
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Range Mobility Inc. - overview
Established
2007
Location
Calgary, AB, Canada
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Canada, Range Mobility Inc. designs and supplies vehicle-mounted equipment, specializing in upfitting solutions for commercial and emergency fleet services, ensuring enhanced safety and operational efficiency for clients. Range Mobility Inc. is dedicated to developing vehicle-mounted equipment solutions for commercial and emergency services.
The company was founded in 2007 and is headquartered in Calgary, Canada. The firm has completed one deal, with the most recent transaction occurring on March 11, 2021. Range Mobility Inc. specializes in the design, supply, installation, and maintenance of vehicle-mounted and mechanical equipment tailored for commercial and emergency fleet services.
Their product offerings include emergency and covert lighting packages, in-car video systems, vehicle-specific center consoles, K-9 units, and electronic gun racks, aimed at enhancing safety and operational efficiency for sectors such as police, fire, EMS, and public transit. Range Mobility serves a diverse clientele across Canada, including municipal authorities and commercial enterprises, providing tailored solutions to meet unique operational needs. Range Mobility operates on a transactional revenue model involving direct sales and installation services for their products. Revenue is primarily generated from one-time purchase transactions for equipment and installation fees, facilitated through direct contracts with municipal and emergency service organizations.
This structure ensures a steady flow of business driven by the demand for high-quality vehicle solutions, supported through partnerships with manufacturers and technology providers. Range Mobility Inc. plans to leverage its recent funding acquired on March 11, 2021, to enhance product development and expand its market reach. Upcoming new products are currently in the design phase, aiming for a launch within the next year.
The company is actively targeting expansion into new geographic regions within Canada to increase its market presence and better serve a broader range of clients.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Solid State Lighting (SSL)
Website
www.rangemobility.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Range Mobility 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Range Mobility Inc. | - |
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