Diligence memo · auto-generated · as of July 3, 2026

F.M.I. Ultimate Holdings, LLC

F.M.I. Ultimate Holdings, LLC looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

F.M.I. Ultimate Holdings, LLC operates in Other, based in BOCA RATON.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

F.M.I. Ultimate Holdings, LLC has raised $180M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $138M on 2018-10-09.

Most recent recorded round closed around 2018-10-09.

Valuation (modeled)modeled

Provath models F.M.I. Ultimate Holdings, LLC at approximately $2.4B (range $780M–$5.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.09× the median modeled value of Series D+ Other companies in 2016–2018 (88 peers) — value vs value, same stage and era. Within the normal band (109% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 11 months.

Last raise 7.7 yr ago; this sector typically re-raises about every 11 months.

Silent for over 3× the sector's normal cadence.

The last round stepped up 3.2× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 98% of Other peers (25015 compared).

Modeled value ranks above 99% of those peers.

Closest niche peers: Beacon Roofing Supply Inc, BIB Merchant Voucher Receivables Ltd, Marlin9 Holdings, Inc., Crackle Holdings, L.P., Optimize Topco, Inc..

Peoplefiled

5 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.