Supplyworks Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Supplyworks Inc. - overview

Established

2015

Location

Jacksonville, FL, US

Primary Industry

Internet

About

Supplyworks Inc. is a leading distributor of office, work, and janitorial supplies, primarily serving the institutional, hospitality, and healthcare sectors with a diverse product range. Founded in 2015 in Jacksonville, US, Supplyworks Inc. specializes in distributing essential supplies for various industries.


The company has successfully completed a total of 6 deals. In March 2006, it was acquired by Intuitive Manufacturing Systems, a portfolio company of Marlin Equity Partners. Supplyworks has not publicly disclosed any previous pivots or changes in business strategy. Its headquarters is in Jacksonville, ensuring a strong presence in the region, although no subsidiaries or parent companies are noted.


The founder's history is not documented, and no additional details about leadership are available at this time. The most recent funding round was Series F, in which Supplyworks raised USD 0. 98 mn from investors including Atlas Venture and North Bridge Venture Partners, contributing to a total amount raised of USD 0. 98 mn.


Supplyworks Inc. distributes a wide array of products including cleaning chemicals, paper products, personal protective equipment (PPE), plumbing supplies, and lighting solutions. The company caters to the Multifamily, Institutional, Hospitality, Trades, Government Housing, Healthcare, Building Services, and Education sectors. It operates over 100 distribution centers across the United States, facilitating efficient delivery and fulfillment for its diverse clientele.


Supplyworks operates under a business-to-business (B2B) model, generating revenue by supplying organizations with bulk orders of maintenance and repair supplies. The product lineup includes well-known items like the Renown series of toilet paper and enMotion paper towel rolls, aimed at institutional customers. Revenue is sustained through strong relationships with clients, which allow for various transaction structures and competitive pricing. Looking ahead, Supplyworks plans to introduce new products designed to enhance its offerings, although specific launch dates are not currently available.


The company aims to expand its market reach into new regions, targeting both domestic and international customers in strategic areas by 2025. The recent funding from Series F will support these growth initiatives, aiding in product development and market expansion efforts.


Current Investors

Intuitive Manufacturing Systems, Atlas Venture, North Bridge Venture Partners

Primary Industry

Internet

Sub Industries

Logistics & Distribution, Search Engines, Web Applications, Content Management Software, Analytics & Performance Software

Website

www.supplyworks.com

Verticals

E-commerce, IoT (Internet of Things)

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Supplyworks 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-onCompletedSupplyworks Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.