Virtual Medical Sales 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.
Virtual Medical Sales Inc - overview
Location
Syracuse, NY, US
Primary Industry
Healthcare
About
Virtual Medical Sales Inc specializes in providing innovative digital solutions aimed at enhancing online presence and optimizing website management for various clients across multiple industries. Virtual Medical Sales Inc is focused on delivering digital solutions that improve online presence and streamline website management. The company was acquired by BC Technical Inc. , a portfolio company of MSouth Equity Partners, in January 2015.
The firm is headquartered in Syracuse, US. The founder's history and previous ventures are not disclosed, and there is no mention of subsidiaries or additional funding rounds beyond the acquisition. The company’s primary offerings include a suite of digital solutions designed to enhance online presence and streamline website management. Their core products encompass web hosting services, domain registration, and a variety of website building tools that enable users to create, maintain, and optimize their online platforms.
These services cater to a diverse clientele, ranging from small businesses to large enterprises, all seeking effective solutions to establish and manage their digital footprint. The functionalities of these products address common challenges such as website downtime, security concerns, and user experience optimization. The services have been available since the company's inception and are marketed primarily in North America, Europe, and parts of Asia, targeting users looking for robust, user-friendly web solutions. The company generates revenue through a structured model that includes subscription-based services for hosting and domain management, as well as one-time fees linked to specific product purchases.
Clients may engage in long-term subscription agreements, securing continuous access to hosting services and support while benefiting from tiered pricing plans based on service levels and resource allocations. Additionally, the company may engage in partnerships with retailers and other online platforms to offer bundled services, which enhances value propositions for end users. Flagship products typically fall under premium service categories, encouraging clients to opt for higher-tier plans that provide enhanced features and support. Revenue flows primarily from B2B relationships, facilitating businesses in leveraging digital tools that cater specifically to their operational needs and customer engagement strategies.
In light of the acquisition by BC Technical Inc. in January 2015, Virtual Medical Sales Inc. plans to leverage the resources and expertise of its parent company to enhance its product offerings and enter new markets. The company is expected to develop new products aimed at improving digital user experience, with potential launches in the upcoming quarters.
Targeted expansion into Europe and parts of Asia is also in the works, with a timeline set for implementation by the end of 2016, capitalizing on the growing demand for digital solutions in these regions.
Current Investors
BC Technical, Inc.
Primary Industry
Healthcare
Sub Industries
Diagnostic, Medical & Imaging Laboratories
Website
www.virtualmedicalsales.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Virtual Medical Sales 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 | Virtual Medical Sales 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.