Avaya LLC
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Avaya LLC - overview
Established
2000
Location
Morristown, NJ, US
Primary Industry
Software
About
Founded in 2000 and based in the US, Avaya Holdings Corp. , formerly Sierra Holdings Corp, operates as a provider of business communications infrastructure for enterprises. The CEO of the company is Jim Chirico. In December 2017, the company started trading on the NYSE under the ticker symbol AVYA.
In March 2023, Apollo Global Management and Brigade Capital Management provided a USD 500 million first lien term loan while a bank syndicate led by Citi provided a USD 128 million asset-based lending facility to support the restructuring of Avaya. The company provides solutions for communications and collaboration in the cloud, on-premises, or a hybrid of both. The company develops a platform OneCloud which provides services including unified communications (UCaaS), contact center (CCaaS), and CPaaS. The company's products include Aavya Spaces which enables to meet, call, chat, share files, and manage tasks; Aavya Onecloud subscription which creates a digital workplace where employees and customers stay connected; and Avaya OneCloud CCaaS that enables voice, video, chat, and messaging.
Primary Industry
Software
Sub Industries
Business Support Services, IT Infrastructure, Connectivity Software, Conferencing Software, Telecoms Equipment
Website
www.avaya.com
Verticals
Cloud Computing
Company Stage
Ceased Operations
Total Amount Raised
Subscriber access only
Avaya LLC - financials
| Fiscal Year Ended | Sep 30, 2018 | Sep 30, 2019 | Sep 30, 2020 | Sep 30, 2021 | Sep 30, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 2,247,000,000 | 2,887,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 28.5% | - | - | - |
| EBITDA (USD) | 263,000,000 | (13,000,000) | - | - | - |
| Operating Income (USD) | (125,000,000) | (473,000,000) | - | - | - |
| Operating Margin | (5.6%) | (16.4%) | - | - | - |
| % EBITDA Margin | 11.7% | (0.5%) | - | - | - |
| NET Income (USD) | 287,000,000 | (671,000,000) | - | - | - |
| % Net Margin | 12.8% | (23.2%) | - | - | - |
Avaya 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Avaya LLC | - | ||||||||
| Bankruptcy/Write-off | Completed | Avaya LLC | - | ||||||||
| Add-on | Completed | KnoahSoft | - | ||||||||
| Trade Sale | Completed | RADVISION Ltd. | - | ||||||||
| Add-on | Completed | Avaya's IT Consulting Services Business | - |
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