Setpoint Systems, Inc.

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Setpoint Systems, Inc. - overview

Established

1980

Location

Ogden, UT, US

Primary Industry

Industrial Machinery

About

Setpoint Systems, Inc. provides innovative building control integration solutions, enhancing operational efficiency through advanced automation systems and IoT devices tailored for diverse sectors such as healthcare, education, and industry. Setpoint Systems, Inc. specializes in building automation integration solutions that enhance facility operations.


Founded in 1980 in Ogden, US, the company has undergone strategic shifts to adapt to market demands. Aaron Nahale is the current CEO. In April 2018, Setpoint Systems was acquired by JR Automation Technologies, LLC, a portfolio company of Crestview Partners, with financial terms undisclosed. Setpoint Systems specializes in comprehensive building control integration solutions, offering building automation systems and Internet of Things (IoT) devices that improve operational efficiency and energy management.


Their solutions cater to various sectors including research labs, industrial offices, educational institutions, healthcare facilities, military bases, and hospitality, focusing on energy optimization and cost reduction. Setpoint Systems generates revenue primarily through business-to-business transactions, providing service agreements, training programs, and proprietary products related to building automation technology. Clients engage in contracts for ongoing support and technical services, ensuring continuous updates and training. Revenue is also derived from training services, both onsite and at dedicated facilities, designed to empower clients with the knowledge to maximize their investments in building control systems.


Specific pricing details for products and services are not publicly disclosed. Setpoint Systems is focused on expanding its market presence and enhancing its product offerings. Although specific upcoming products were not disclosed, the company is likely to innovate in building automation technologies. The acquisition by JR Automation Technologies in April 2018 positions Setpoint for strategic growth and resource allocation towards new geographic markets and sectors, although specific details regarding target markets or timelines were not provided.


Current Investors

JR Automation Technologies, LLC

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.setpointsystems.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Setpoint Systems, Inc. - 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)
Add-onCompletedSetpoint Systems, Inc.-

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