Altamont Energy, LLC
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Altamont Energy, LLC - overview
Established
2017
Location
Denver, CO, US
Primary Industry
Oil & Gas
About
Based in the US, Altamont Energy, LLC focuses on exploring innovative technology solutions that enhance operational efficiency across various sectors, particularly in retail, finance, and healthcare. Altamont Energy, LLC is engaged in providing technology solutions that enhance operational efficiencies. Founded in 2017 and headquartered in Denver, US, the company has conducted a total of 2 deals. Jorge Manrique serves as the CEO.
In July 2024, Xcl Resources, a portfolio company of EnCap Investments, acquired Altamont Energy, LLC from Arcadius Capital Partners, with financial terms undisclosed. The company specializes in providing innovative technology solutions aimed at enhancing operational efficiencies for businesses across various sectors. Their core offerings include a suite of software applications designed for automation, data analytics, and customer relationship management (CRM). These products integrate seamlessly into existing workflows, enabling clients to streamline processes, gain actionable insights, and improve customer engagement.
Altamont targets industries such as retail, finance, and healthcare, serving a diverse customer base that includes small to medium-sized enterprises (SMEs) and large corporations, all seeking to leverage technology for competitive advantage. The company's revenue model is structured around a subscription-based approach, allowing clients to access its software products and services through various pricing tiers tailored to different user needs. This model facilitates ongoing relationships with clients, who benefit from continuous updates and support. The firm's flagship software solutions serve as the cornerstone of their business model.
Transactions typically involve direct sales to consumers and partnerships with larger enterprises that integrate these tools into their operations. By focusing on providing scalable solutions, the company captures revenue through both individual subscriptions and enterprise-level agreements, driving consistent cash flow and customer retention. Altamont Energy plans to launch new products designed to enhance data analytics capabilities by the end of 2024. The company is also targeting expansion into the European and Asian markets by mid-2025.
The recent acquisition by Xcl Resources is expected to provide the necessary resources to support these initiatives, including product development and market entry strategies.
Current Investors
Arcadius Capital Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.altamontenergy.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Altamont Energy, LLC - 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 | Altamont Energy, LLC | - | ||||||||
| Buyout | Completed | Altamont Energy, LLC | - |
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