Berlac

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Berlac - overview

Location

Maynard, MA, US

Primary Industry

Business Support Services

About

Berlac is a specialized provider of IT asset management solutions, leveraging its flagship product to help organizations efficiently manage software licenses and enhance cybersecurity oversight. Founded by Gary Newman and Sumin Tchen, Berlac operates out of Maynard, US, focusing on IT asset management. The company has maintained a consistent business strategy without notable pivots or changes since its inception. Belarc, Inc.


specializes in IT asset management solutions primarily through its flagship product, BelManage, which enables organizations to effectively manage software licenses, monitor cybersecurity status, and maintain accurate configuration details. This product utilizes a cloud-based architecture, creating a centralized Configuration Management Database (CMDB) that automatically organizes information about software, hardware, and security configurations. BelManage is particularly beneficial for large enterprises, such as Autodesk, which employs the system to manage over 16,000 devices globally, optimizing their software as a service (SaaS) expenditures and ensuring adherence to cybersecurity controls. Belarc also offers complementary products like BelPower, BelAnalytics, and BelSecure, which further enhance its asset management capabilities.


The company's solutions are utilized across diverse geographical markets, including North America, Europe, and Asia, catering to a broad clientele that spans various sectors such as education, government, and corporate infrastructure. Belarc's revenue model is primarily subscription-based, with clients engaging in annual contracts for access to its software solutions, such as BelManage and BelAnalytics. The pricing structure is volume-based, allowing clients to receive favorable rates as their usage scales, which encourages long-term partnerships and client retention. Belarc's focus on providing transparent and competitive pricing supports its growth within the enterprise sector, where clients value the ease of implementation and low total cost of ownership associated with its products.


By facilitating direct transactions between the company and its clients, Belarc establishes a B2B relationship that fosters operational efficiency and scalability among its user base. The company maintains a strong emphasis on customer support and training, enhancing the user experience and ensuring effective utilization of its software, contributing to sustained revenue generation from existing and new clients.


Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.belarc.com

Total Amount Raised

Subscriber access only

Berlac - 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)
Trade SaleCompletedThe Cetelon Group-

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