The company is an innovative supply chain asset and cargo security solutions provider that designs, manufactures, and installs its products, which include proprietary alarm systems, automatic cargo security locks, tracking & monitoring devices, and customizable mobile apps for secure shipment management, all designed to protect and eliminate loss. The company provides commercial transportation security to customers from small businesses to international fleets.

Key Aspects

The company’s gross profit (GP) grew at a compound annual growth rate (CAGR) of 33.7% from 2019 through the trailing-twelve-months (TTM) ending October 31, 2022
Strong operational history
The company and its single shareholder currently own a combined 16 registered patents and 13 trademarks
Numerous products can be integrated into a layered supply chain asset and cargo security approach

Opportunities

Opportunity to expand sales domestically and internationally, as industries struggle with an increase in supply chain theft
Increase social media and business-to-business (B2B) direct marketing efforts to attract new customers
Capitalize on the additional revenue streams gained through recent and upcoming product lines
Expand internet of things (IoT) tracking and monitoring technologies to enhance product portfolio and increase recurring revenues
Capitalize on the required regulatory reporting requirements related to supply chain security and environmental impacts

Headquartered

Northeast, US

Current Markets

Primarily serving truck body & trailer manufacturers, commercial transportation operators, truck rental & leasing companies, consumer goods manufacturers & distributors, the document management & destruction industry, and apparel companies throughout the US and Canada.

Real Estate

The company operates from a 10,000 sq. ft. facility leased from an unrelated third party. There is room to grow in the current location.

Shareholder Objectives

The company is fully owned by a single shareholder. Ownership is seeking an investor to accelerate the company’s growth. The owner is active in the business’s day-to-day operations and is willing to remain with the company after the sale.

Benchmark International

Benchmarks Exclusive Opportunities

Innovative Supply Chain Security Solutions Provider – BN000042645

Innovative Supply Chain Security Solutions Provider – BN000042645

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