Altivon, LP

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Altivon, LP - overview

Established

1989

Location

Phoenix, AZ, US

Primary Industry

IT Infrastructure

About

Altivon, LP specializes in enhancing customer communications through integrated technology solutions that improve engagement, collaboration, and operational efficiency across various sectors. Founded in 1989 in Phoenix, US, Altivon, LP is focused on providing advanced communication solutions. The company was acquired by ConvergeOne, Inc. , a portfolio company of CVC Capital Partners, in August 2020, with financial terms not disclosed.


The co-founders include Muriel Waldvogel, and the company is currently led by CEO Bruce Andersen and John Lyons. Altivon offers a comprehensive suite of products aimed at enhancing customer experiences through integrated communications, infrastructure, and security solutions. Their flagship product, the C1 Connected Experience (C1CX), facilitates engagement, collaboration, and automation. Additionally, the C1 Elly platform provides generative AI solutions, including C1 Elly Assist and C1 Elly Automate, to streamline operations.


The company serves a diverse range of sectors such as healthcare, education, government, and financial services, providing tailored, secure, and scalable network solutions. Altivon generates revenue through a structured model that includes subscriptions and managed services for its offerings. Clients typically engage in long-term partnerships with subscription plans related to C1CX, C1 Elly, and integrated security solutions. This B2B transaction structure allows organizations to optimize their investments by leveraging Altivon's advanced technologies, with ongoing client relationships fostering recurring revenue across various markets.


Following its acquisition in August 2020, Altivon is positioned to support ConvergeOne's expansion in North America. The company's future growth strategy includes the development of new products and services to enhance its existing portfolio and the exploration of new geographical markets to broaden its reach. Altivon will leverage the resources from the acquisition to strengthen its operations and support innovative initiatives, although specific upcoming product launches or regional targets for expansion have not been disclosed.


Current Investors

ConvergeOne, Inc.

Primary Industry

IT Infrastructure

Sub Industries

Consulting Services, IT Infrastructure

Website

www.altivon.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Altivon, LP - 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-onCompletedAltivon, LP-

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