What is Sevan Multi-Site Solutions?
Headquartered in Downers Grove, Illinois, and founded in 2011, Sevan Multi-Site Solutions is a specialized program management and construction services firm. The company excels in delivering comprehensive, end-to-end multi-site solutions for organizations managing extensive portfolios of locations. Sevan serves a diverse clientele across the restaurant, grocery, fuel and convenience store, retail, government, and healthcare sectors, operating throughout North America and internationally. Its integrated service offerings encompass program management, real estate and site development, architecture and engineering, construction services, civil zoning and permitting, reality capture and BIM services, and technology and data analytics. Sevan guides clients through every stage of the multi-site program lifecycle, including new builds, remodels, rebrands, and facility reimages. As a certified veteran-owned business, Sevan has expanded its team to over 500 professionals across North America, with an international presence in London. The firm is recognized on Engineering News-Record's Top 50 Program Management Firms list and has maintained Great Place to Work certification for over a decade. Sevan's proprietary 7Xcellence framework powers its integrated delivery model, designed to expedite project timelines, optimize return on investment, and provide scalable, data-driven solutions for complex multi-site initiatives.
How much funding has Sevan Multi-Site Solutions raised?
Sevan Multi-Site Solutions has raised a total of $22.5M across 2 funding rounds:
Series A
$17.5M
Debt
$5M
Series A (2019): $17.5M with participation from ABS Capital Partners
Debt (2020): $5M led by PPP
Key Investors in Sevan Multi-Site Solutions
ABS Capital Partners
ABS Capital Partners is a growth equity firm that invests in technology-enabled services companies. They focus on accelerating growth and building scalable business models, providing capital and strategic guidance to B2B software and tech-enabled services businesses with strong technology foundations.
PPP
Public-Private Partnership
What's next for Sevan Multi-Site Solutions?
The recent major strategic investment in Sevan Multi-Site Solutions positions the company for significant advancements in its program management and construction services. This capital infusion is expected to fuel further expansion of its service offerings, enhance its technological capabilities, and broaden its market reach. Sevan's focus on data-driven solutions and its integrated delivery model, powered by the 7Xcellence framework, are key differentiators that will likely be leveraged to capitalize on new opportunities. The company's established track record with large-scale multi-site programs across various sectors suggests a strategic direction towards consolidating its leadership position and potentially exploring new geographic markets or service verticals. Continued investment in its proprietary technology and talent will be crucial for maintaining its competitive edge and supporting the complex needs of its growing client base.
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