Centric Communications, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Centric Communications, LLC - overview

Established

2015

Location

Norfolk, VA, US

Primary Industry

Marketing/Advertising

About

Centric Communications, LLC delivers tailored telecommunication solutions, specializing in voice, data, and cloud services that enhance connectivity for businesses and improve operational efficiency. Founded in 2015 and headquartered in Norfolk, US, Centric Communications provides telecommunication services. In December 2016, the company received recapitalization from Fox Three Partners, although financial terms were not disclosed. The company has conducted a total of 1 deal to date.


Centric Communications focuses on comprehensive telecommunication solutions for businesses, including voice, data, and cloud services. These offerings enhance connectivity and operational efficiency for small to medium-sized enterprises across North America, Europe, and select regions in Asia, addressing the needs for reliable and scalable communication tools. Centric Communications generates revenue through a structured model that includes subscription-based services and partnerships with other telecommunications providers. Revenue streams include monthly subscription fees for ongoing services and one-time charges for setup and installation, with pricing plans designed for flexibility to meet clients’ operational requirements and budgets.


Centric Communications plans to leverage its recent recapitalization in December 2016 to enhance its service offerings and expand into new markets, specifically targeting increased presence in Europe and Asia by 2025. The company is also working on developing new products aimed at improving client connectivity, with anticipated launches scheduled for late 2023.


Current Investors

Fox Three Partners

Primary Industry

Marketing/Advertising

Sub Industries

Public Relations & Communications

Website

http://www.centriccommunications.net/

Company Stage

Mature

Total Amount Raised

Subscriber access only

Centric Communications, LLC - 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)
RecapitalisationCompletedCentric Communications, LLC-

Displaying 1 - 1 of 1

Centric Communications, LLC - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.