AdminAssist
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AdminAssist - overview
Established
2005
Location
Midvale, UT, US
Primary Industry
Financial Services
About
Based in Utah, US, and founded in 2005 by co-founders Bret Newton, Keith Olson, and Deborah Sims, AdminAssist provides various back-office solutions such as accounting, payroll, taxes, invoice reports, and other financial services, ensuring seamless financial management for its clients. In June 2023, VentureCount, LLC, a portfolio company of Everlane Equity Partners, acquired AdminAssist. AdminAssist offers a range of essential services, including accounting, payroll, taxes, and invoicing. The product encompasses a range of offerings, including accounts payable, cash management, financial analysis, and reporting.
The company's financial platform is designed to cater to the intricacies of staffing agency operations. The platform encompasses a range of vital services, including vendor payment processing, cash management, financial analysis, reporting, and more, such as vendor payments, deposits, 1099/C2C payments, line of credit management, bank balance tracking, commission handling, balance sheet and income statement preparation, and in-depth spread detail analysis by class. In addition, the comprehensive suite of services includes payroll processing, tax filings, benefits coordination, and more. By streamlining the connection between HR, Accounting, Payroll, and the workforce, AdminAssist enhances operational efficiency and promotes collaboration.
Current Investors
VentureCount, LLC
Primary Industry
Financial Services
Sub Industries
Accounting Services, e-Financial, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.adminassist.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
AdminAssist - 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 | AdminAssist | - |
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