BAROAN TECHNOLOGIES, LLC
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BAROAN TECHNOLOGIES, LLC - overview
Established
1997
Location
Elmwood Park, NJ, US
Primary Industry
Outsourcing
About
Based in the US, BAROAN TECHNOLOGIES, LLC delivers innovative IT services and cybersecurity solutions to enhance operational efficiency and security for businesses across the Tri-State Area. Founded in 1997 and headquartered in Elmwood Park, US, Baroan Technologies specializes in IT services and cybersecurity. Their operations have remained consistent without any notable pivots or changes. In July 2025, Thrive Operations, LLC, a portfolio company of Berkshire Partners and Court Square, acquired BAROAN TECHNOLOGIES, LLC.
Baroan Technologies provides a comprehensive suite of IT services and cybersecurity solutions targeting businesses in New Jersey, New York, and Connecticut. Their core offerings include managed IT support, remote monitoring and management (RMM), cybersecurity assessments, and digital transformation consulting. These services are designed to optimize IT infrastructure, enhance security measures, and facilitate the integration of technology into business processes, thereby improving operational efficiency and reducing risks associated with cyber threats. The company serves a diverse client base, including industries such as healthcare, manufacturing, distribution, and marketing agencies, which rely on Baroan Technologies to ensure their IT systems are robust and secure.
By leveraging a NIST-based tiered strategy for cybersecurity, Baroan addresses clients' specific operational needs, ensuring compliance with industry standards and regulations while fostering long-term partnerships through ongoing support and consultation. Baroan Technologies generates revenue primarily through B2B service agreements, focusing on managed IT services and cybersecurity solutions. Their transaction structure typically involves subscription-based pricing models, allowing clients to engage in ongoing contracts for IT support and cybersecurity services. This approach enables businesses to budget for their IT needs while ensuring continuous monitoring and support.
Their service offerings include flagship products such as cybersecurity solutions, which encompass endpoint protection, network security assessments, and business continuity planning. Clients are charged based on the level of services utilized, often structured around specific needs and operational scale, emphasizing a collaborative relationship built through long-term service agreements that adapt to technological advancements.
Current Investors
Thrive Operations, LLC
Primary Industry
Outsourcing
Sub Industries
Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity
Website
www.baroan.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
BAROAN TECHNOLOGIES, 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 | Completed | BAROAN TECHNOLOGIES, LLC | - |
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