Ball Peoples

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Ball Peoples - overview

Established

1975

Location

Austin, TX-Texas, US

Primary Industry

Business Support Services

About

Ball Peoples develops advanced software applications aimed at optimizing business processes, emphasizing operational efficiency and data-driven insights for various industries such as healthcare, finance, and logistics. Founded in 1975 and headquartered in Austin, US, Ball Peoples specializes in creating software solutions that streamline business processes. The company was acquired by USI Holdings Corporation, a portfolio company of Onex Corporation, in December 2016, although financial terms were not disclosed. There are no known pivots in the business strategy or subsidiaries mentioned.


The company specializes in delivering innovative solutions in its core product offerings, which prominently include a suite of advanced software applications designed for business process optimization. These applications function by streamlining operations, enhancing productivity, and providing data-driven insights tailored to meet specific industry challenges. The primary end use cases target sectors such as healthcare, finance, and logistics, where efficiency and accuracy are paramount. Released in various phases over the past few years, these products cater to a diverse clientele that includes small to medium-sized enterprises and large corporations across North America and Europe.


The company's user-friendly interface and robust support structures have garnered a loyal customer base, positioning the firm as a key player in its geographical markets. The company's revenue model is structured around a combination of subscription services and direct sales, enabling a seamless transaction experience for clients. Typically, clients engage through annual subscriptions that grant access to the full suite of software tools, along with tiered pricing plans based on the scale of deployment and the number of users. In addition to subscriptions, revenue is also generated through partnerships with industry-specific distributors who facilitate broader market reach.


Key offerings, including their flagship product, are priced competitively to appeal to a wide range of businesses, ensuring accessibility while maintaining premium service levels. This strategic approach to pricing and distribution cultivates a sustainable revenue stream that supports ongoing product development and customer engagement initiatives. As part of its growth strategy, Ball Peoples is focusing on the development of new software applications that are expected to be launched by the end of 2023. The company aims to expand its market reach into Europe and Asia by 2025.


The recent acquisition by USI Holdings Corporation in December 2016 will support these initiatives, providing additional resources for product development and market expansion.


Current Investors

USI Insurance Services

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Insurance

Website

http://ballpeoples.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Ball Peoples - 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)
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