NetSource Communications

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NetSource Communications - overview

Established

1995

Location

Naperville, IL, US

Primary Industry

Internet

About

NetSource Communications provides tailored hosting solutions including colocation, dedicated servers, cloud, and hybrid hosting, designed to optimize performance and security for businesses across various sectors. Founded in 1995, NetSource Communications specializes in managed hosting solutions. The company operates out of Naperville, Illinois, US, and has evolved its strategy to focus on customized server offerings that meet specific business needs. In March 2017, Venture Technologies, a portfolio company of FlatWorld Capital, acquired NetSource Communications, although financial terms were not disclosed.


Recently, the company has engaged in just one deal. NetSource Communications, Inc. specializes in a comprehensive range of hosting solutions, including colocation, dedicated servers, cloud hosting, and hybrid hosting services. Their core offerings allow businesses to customize their server requirements, ensuring optimal performance and security tailored to specific operational needs.


The company emphasizes flexibility through fully managed services, disaster recovery solutions, and compliance-focused security packages, catering primarily to small businesses and enterprises seeking reliable, scalable hosting infrastructure. NetSource operates from its SSAE18 Type 2, SOC1, and SOC2 compliant datacenter located in the Chicago suburbs while serving clients across various geographical markets, including the Midwest, Southeast, and West Coast regions of the United States. NetSource generates revenue through a structured model centered around managed hosting solutions tailored for businesses that require robust and secure environments. The company offers various pricing plans that include subscription-based services for cloud and hybrid hosting, alongside a la carte options for additional managed services.


Transactions typically occur on a B2B basis, where businesses engage NetSource for dedicated infrastructure and ongoing support tailored to their unique operational demands. Flagship offerings include their fully managed disaster recovery services and customizable hybrid solutions, which are critical for businesses prioritizing data integrity and uptime. The pricing structure reflects the bespoke nature of their services, ensuring clients receive specific solutions aligned with their business objectives. NetSource Communications is focused on expanding its product offerings and geographic reach.


While specific upcoming product launches have not been detailed, the company is expected to enhance its managed hosting solutions. Target markets for future growth include further penetration into the Southeastern and West Coast regions of the United States. The acquisition by Venture Technologies will likely provide the necessary financial backing to support these initiatives as the company continues to adapt and grow in the competitive landscape.


Current Investors

Venture Technologies, Inc.

Primary Industry

Internet

Sub Industries

Storage, Website Hosting, Cable Service Providers

Website

www.netsource.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

NetSource Communications - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedNetSource Communications-

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