Sky Industrial Services

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Sky Industrial Services - overview

Established

2012

Location

Augusta, GA, US

Primary Industry

Construction

About

Sky Industrial Services provides innovative technology solutions that enhance operational efficiency in various sectors, focusing on software applications that streamline processes and improve data management. Sky Industrial Services, founded in 2012 and headquartered in Augusta, US, specializes in operational efficiency solutions through software applications. Amanda Stein leads the company, which has engaged in one deal, with its most recent acquisition occurring on October 5, 2017, when Axios Industrial Group LLC acquired it. Financial terms of the deal were not disclosed.


The company specializes in innovative technology solutions designed to enhance operational efficiency across multiple sectors. Their core product offerings include a suite of software applications that integrate seamlessly with existing systems to streamline processes, improve data management, and facilitate real-time analytics. These products are primarily targeted at enterprises in industries such as healthcare, finance, and manufacturing, addressing specific challenges like compliance, resource allocation, and decision-making speed. The company launched its flagship software platform in 2021, which has since gained traction among Fortune 500 companies and midsize businesses alike.


Geographically, their services are marketed in North America, Europe, and parts of Asia, catering to a diverse client base that values enhanced productivity and data-driven insights. Sky Industrial Services generates revenue through a combination of subscription-based models and direct sales of its software solutions. Clients typically engage with the company through annual contracts that include access to the software, regular updates, and customer support services. These contracts facilitate long-term partnerships, allowing businesses to integrate the technology into their operations effectively.


Specific pricing plans are structured to accommodate various client needs, often tiered based on the size of the organization and the complexity of the required services. The flagship product, known for its robust features, forms the backbone of the company’s revenue stream, as it is adopted by a significant number of clients seeking to optimize their workflows and achieve measurable results. Sky Industrial Services plans to enhance its product offerings with new software designed for specific industry applications, with anticipated releases slated for 2023. The company is targeting geographic expansion into the Asia-Pacific region by 2024, aiming to tap into emerging markets that require advanced operational solutions.


The funding from the latest acquisition in October 2017 will be leveraged to support these initiatives, ensuring that the company can effectively meet the growing demand for their innovative services.


Current Investors

Axios Industrial Group LLC

Primary Industry

Construction

Sub Industries

Construction, Wood/Hard Products, Materials

Website

www.skyindustrialservices.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Sky Industrial Services - 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-onCompletedSky Industrial Services-

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