20/20 Teknology

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20/20 Teknology - overview

Location

-, VA, US

Primary Industry

IT Infrastructure

About

20/20 Teknology provides specialized managed IT services, emphasizing cloud modernization and IT infrastructure security to enhance operational efficiency for enterprise clients, including notable organizations like AARP and Brivo. 20/20 Teknology is a managed IT services provider focused on cloud modernization and IT infrastructure security. The company was acquired by GCOM Software, LLC, a portfolio company of Bagnols Family Office Investment Partners and Sagewind Capital, in November 2020. The acquisition details were not disclosed.


The firm operates out of the US, with its headquarters located in a technology hub that prioritizes IT solutions. The founder's history is currently not disclosed. 20/20 Teknology specializes in managed IT services, focusing on cloud modernization and IT infrastructure security for enterprise clients. Their core offerings include comprehensive solutions designed to enhance operational efficiency and safeguard digital assets.


The company caters to a diverse client base, including prominent organizations such as AARP and Brivo, providing tailored services that address specific industry challenges, such as data protection and cloud integration. 20/20 Teknology operates in various geographical markets, with a significant presence in the United States, particularly in technology hubs that prioritize cloud solutions and IT security enhancements. 20/20 Teknology generates revenue through a structured service model that includes subscription-based options and direct partnerships with enterprise clients. Transactions typically involve multi-year contracts for ongoing IT services, ensuring a steady flow of income as clients engage in long-term relationships for infrastructure support and modernization.


The company’s flagship services are positioned to attract large organizations needing comprehensive IT solutions, with potential pricing plans that reflect the complexity and scale of the services offered. This transactional structure is geared towards B2B relationships, emphasizing tailored solutions that meet the specific needs of each enterprise client. Following the acquisition by GCOM Software, LLC in November 2020, 20/20 Teknology is expected to leverage its new parent company's resources to enhance its product offerings. The company is focusing on expanding its managed IT services to new geographic regions, particularly targeting markets in North America and Europe.


Recent funding will be utilized to support product development and market entry strategies, with specific initiatives aimed at launching new cloud solutions by the end of 2022.


Current Investors

Voyatek, Inc.

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure, Analytics & Performance Software

Website

www.2020teknology.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

20/20 Teknology - 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-onCompleted20/20 Teknology-

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