1 past transactions

EliteProNet

Acquisition in 2017
EliteProNet provides specialty contractors with localized commercial construction leads via a digital project board. EliteProNet was formed in 2008 as a professional network for commercial construction businesses. Small subcontractors are EliteProNet's target market and make up more than 90% of U.S. construction businesses. Most small business contractors are suffering from the largest construction downturn in history and EliteProNet offers a solution to help the local "blue jeans and boots" blue collar worker. EliteProNet offers its subcontractor members access to local commercial construction projects up for bid through a virtual project board in their local area. The business has already proven itself, with members having already been awarded millions of dollars in contracts through the EliteProNet network. EliteProNet has experienced over 189% in revenue growth over the last 2 years and operates in 8 states, with FTC approved franchises being offered in February 2011. More than 90% of active members renew their membership each month and more than 75% are awarded work within their first 3 months of membership.
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