Annese & Associates Inc
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Annese & Associates Inc - overview
Established
1970
Location
Clifton Park, NY, US
Primary Industry
Marketing/Advertising
About
Annese & Associates Inc specializes in integrated communications, infrastructure, and security services for enterprises, focusing on enhancing operational efficiency and workforce collaboration through innovative technology solutions. Founded in 1970 and headquartered in Clifton Park, US, Annese & Associates Inc provides comprehensive IT solutions for various sectors. The company was acquired by ConvergeOne, a portfolio company of Clearlake Capital Group, in July 2017. The founder's background is not detailed in available information.
Annese & Associates Inc offers integrated solutions encompassing communications, infrastructure, and security services tailored for enterprises. Their offerings include the C1 Connected Experience (C1CX), which enhances workforce engagement and collaboration. Key products like C1 Elly, a generative AI platform, address challenges in digital transformation and operational efficiency, serving clients in healthcare, education, government, and financial services across North America, Europe, and parts of Asia. In the most recent year, 2016, Annese & Associates Inc reported a revenue of USD 90.
20 mn, generated through subscription-based services and partnerships, focusing on B2B clients who subscribe to managed security solutions and communications-as-a-service (CaaS). Following its acquisition in July 2017, Annese & Associates Inc is expected to leverage its parent company ConvergeOne's resources for growth. Plans include the launch of new products aimed at enhancing integration services and expanding into European markets by 2025. Recent funding will support product development and market entry strategies.
Current Investors
ConvergeOne, Inc.
Primary Industry
Marketing/Advertising
Sub Industries
Public Relations & Communications
Website
www.annese.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Annese & Associates Inc - financials
| Fiscal Year Ended | Dec 31, 2016 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Annese & Associates Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Annese & Associates Inc | - |
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Annese & Associates Inc - employee data
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