Dwellworks LLC

Cleveland, Ohio

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Dwellworks, LLC, headquartered in Cleveland, Ohio, is a provider of destination-related services and temporary living solutions for the globally mobile workforce and business travelers, operating across 16 countries with regional centers in Europe and Asia. The company serves businesses directly, including Fortune 1000 firms, as well as via relocation and travel management partners. Founded in 2007, Dwellworks rapidly integrated multiple regional destination-service providers, forging its presence across all 50 U.S. states and broadening into global markets. Its portfolio spans destination services, corporate housing, intercultural training, property management, real estate brokerage, and self-pay relocation support. Product & Service Line Breakdown: 1. Global Destination Services - Area Orientation - Personalized guidance on neighborhoods, commute times, and local amenities, delivered by local Destination Services Consultants. - Rental Home Finding Assistance - Matching employees to rental properties, supporting applications, and explaining local leasing practices. - Settling-In Services - Advising on utilities, banking, driver's licenses, schooling, community amenities, etc.. - Departure Services - Managing lease terminations, final inspections, and security deposit recovery processes. - myDwellworks Portal - An online relocation assistant offering checklists, messaging, and localized guidance in 100+ languages, accessible before and up to one year after move-in. - Digital Self-Service Tiers (Dwellworks Direct): - Digital Destination - Full access to myDwellworks® for 12 months (self-paced). - Digital Destination Plus - Includes a one-hour consultation with a consultant. - Digital Destination & Service Support - Adds half a day of hands-on assistance. - Digital Destination & Extended Support - Includes a full day of consultant-led assistance (e.g., tours, scheduling). 2. Corporate Housing - Dwellworks Living - Provides temporary, fully furnished housing for relocation, business travel, intern programs, group projects, and VIP needs across 125+ countries with over 80,000 housing options. - Tailored solutions for: - Corporate Relocation - Business Travel - Intern Housing - Team/Group Projects - Turnkey (guaranteed inventory) Alternatives - VIP Guest Services - Backed by technology such as Epic, an end-to-end property search platform offering transparency and operational efficiency. - Positioned as more than a booking platform, it includes full service, customer care, billing, sustainability initiatives, and compliance support. 3. Intercultural Training - Tailored training (pre-arrival or on-site) to elevate cultural awareness and soft skills for globally mobile employees and their families. 4. Property Management & Real Estate Services (U.S.) - Property Management - Handling tenant relations, maintenance, rent collection, and emergency issues for properties during assignments. - Real Estate Brokerage - Home buying and rental assistance via Station Cities in the NY Tri-State and Chicago markets. 5. Valuation & Appraisal Services - Provides diverse appraisal and valuation services, including inventory analysis, for relocation and mortgage contexts. 6. Self-Pay Relocation Services - Individuals moving independently can opt into selected services, from online tools to concierge support, via tiered, self-pay options. 7. Strategic Partnerships & Technology - Strategic acquisition of CORT's Destination Services and integration with ApartmentSearch.com enhances property search capabilities. - Emphasis on digital innovation, including AI, machine learning, and operational excellence to optimize service delivery.

Keywords

Keywords

Classified

Private