Monitoring 10,000 assets in the US and Canada
Provider of turnkey Industrial Internet of Things (IIoT) and Machine-to-Machine (M2M) solutions for the monitoring of remote, outdoor industrial devices and systems. Revenue is derived from the sale and installation of sensor and communications equipment, along with recurring monthly service subscriptions, recalibration services, and parts sales. Customers include major energy companies, field services companies, and municipalities. Company currently monitors 10,000 assets in the US and Canada.
The owners are seeking majority liquidity through a sale, with an acquirer that brings insight, a successful track record, experience expanding management teams, and access to efficient capital structures, to support the company’s high growth.
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