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 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-onCompletedAdminAssist-

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