Burtek Enterprises Inc.
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Burtek Enterprises Inc. - overview
Established
1987
Location
-, MI, US
Primary Industry
Defence
About
Burtek Enterprises Inc. is a technology-focused firm specializing in innovative software solutions that enhance operational efficiency across various industries, including finance, healthcare, and logistics. Founded in 1987, Burtek Enterprises is based in Chesterfield, US, and provides tailored software solutions for businesses. In February 2012, Wynnchurch Capital Partners, Stone River Capital Partners, and management acquired the company in a deal where financial terms were not disclosed.
Burtek Enterprises offers advanced software platforms designed to streamline operational processes for a diverse clientele that includes small to medium-sized enterprises and larger corporations. Their products focus on project management, data analytics, and customer relationship management, primarily marketed in North America and Europe. Burtek Enterprises generates revenue through subscription-based models and direct sales of software solutions. Clients engage in contracts that often span multiple years, ensuring recurring income while benefiting from continuous updates and support.
The company’s flagship products play a significant role in its revenue generation, with clients opting for customized packages. Burtek Enterprises is focused on developing new software products aimed at improving operational workflows, with plans for launches in 2023. The company intends to expand its market presence in Europe and Asia by the end of 2024. Recent funding from the 2012 acquisition is expected to facilitate these growth initiatives.
Current Investors
Wynnchurch Capital, Stone River Capital Partners
Primary Industry
Defence
Sub Industries
Defence
Website
www.burtekenterprises.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Burtek Enterprises Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Votaw Precision Technologies | - | ||||||||
| Add-on, Trade Sale | Completed | Process Fab, Inc. | - | ||||||||
| Add-on | Completed | Votaw Precision Technologies | - | ||||||||
| Buyout | Completed | Burtek Enterprises Inc. | - |
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