Centric Communications, LLC
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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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Centric Communications, LLC | - |
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Centric Communications, LLC - employee data


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