Sevan Multi-Site Solutions Raises $17.5M in Series A Funding

sevanSevan Multi-Site Solutions, Inc., a Downers, IL-based global leader in data analytics, surveys, design, program management and construction services, closed a $17.5m Series A funding.

The round was led by ABS Capital Partners. As a result of the minority investment by ABS Capital Partners, Managing General Partner Phil Clough will join the Sevan board of directors.

The company intends to use the funds to expand operations and business offerings, as well as to develop new technology.

Founded in 2011 by Jim Evans, President and CEO, Sevan delivers data analytics, virtual tours, surveys, design, program management and construction services to organizations with multiple sites. Applying its technology solutions, Sevan optimizes new builds, rebuilds, remodels and renovations. The company’s expertise spans numerous market sectors including banking, fuel and convenience store, government, restaurant, grocery, retail, healthcare, housing and hospitality industries.

Current customers consist of more than 40 corporations across thousands of locations and include 7-Eleven, AAFES, Albertsons, BP, Bento Box, Chipotle, DaVita, HCA Healthcare, Hallmark, Kroger, McDonald’s, Marathon, Office Depot, Starbucks, Sunoco, Walgreens Boots Alliance and Walmart.
Sevan Multi-Site Solutions has a 500-person project management team headquartered in Downers Grove, Illinois, with an international office in London.

FinSMEs

10/12/2019

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