Alfresco Software, Inc.
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Alfresco Software, Inc. - overview
Established
2005
Location
Wellesley, MA, US
Primary Industry
Software
About
Alfresco Software, Inc. provides an open-source content management platform that streamlines processes, enhances collaboration, and improves governance for diverse industries including healthcare, financial services, and education. Founded in 2005 in Wellesley, US, Alfresco Software, Inc. specializes in content management solutions.
In September 2020, Hyland Software, Inc. acquired a stake in Alfresco from Thomas H. Lee Partners for an undisclosed amount. The company has completed a total of 8 deals, with its latest funding round being a Secondary Buyout amounting to GBP 312.
00 mn, raising a total of GBP 312. 00 mn overall. Alfred Feris serves as the CEO of the company. Alfresco offers a comprehensive suite of open-source content, process, and governance management solutions through its flagship product.
The cloud-native platform integrates content services with intelligent process management, facilitating efficient workflows and informed decision-making. Its client base spans various industries, enabling access to critical information on any device and automating information lifecycles to mitigate risks. Alfresco's offerings are tailored to meet the needs of departments such as accounting, human resources, and legal, with substantial market presence in North America, Europe, and Asia-Pacific. In the year 2019, Alfresco Software, Inc.
reported a revenue of GBP 140. 00 mn, with an EBITDA of GBP 35. 00 mn. The revenue model primarily includes subscription-based services and direct sales of the Alfresco platform, with clients engaging on a contractual basis for software access and associated services.
Alfresco Software plans to leverage its recent funding to enhance its product offerings and expand into new markets. The company is focused on developing new solutions to address evolving client needs and aims to penetrate additional markets in Europe and Asia-Pacific by 2023. The acquisition of a stake by Hyland in September 2020 will support these initiatives, providing the necessary resources for product development and market expansion.
Current Investors
Thoma Bravo, Hyland Software, Inc., Thomas H. Lee Partners
Primary Industry
Software
Sub Industries
Systems Management Software, Storage Management Software, Content Management Software, Connectivity Software, Analytics & Performance Software
Website
www.alfresco.com
Verticals
Artificial Intelligence, Cloud Computing, Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Alfresco Software, 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, Trade Sale | Completed | Alfresco Software, Inc. | - | ||||||||
| Add-on | Completed | Technology Services Group, Inc. | - | ||||||||
| Secondary Buyout | Completed | Alfresco Software, Inc. | - | ||||||||
| Trade Sale | Completed | WeWebU Software AG | - |
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