CIT
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CIT - overview
Established
2005
Location
San Antonio, TX, US
Primary Industry
Outsourcing
About
Based in Texas, US, and founded in 2005, Centre Technologies, Inc (CIT) provides secure access for the user’s to their desktop, workspace, and applications through cloud solutions. In June 2022, the firm, a portfolio company of Main Street Capital Corporation, acquired Commercial IT Solutions, Inc. The company offers various IT solutions and services to SMEs such as network support, help desk support, cloud computing solutions, as well as business communication which includes VoIP, fax server, mobile device management, and managed services. Additionally, the company also develops cloud workspace and CIT cloud office for its clients.
The June 2022 acquisition will enable Centre Technologies, Inc. to expand into the South-Central Texas area.
Current Investors
Centre Technologies, Inc.
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Offshore IT Services/IT Outsourcing
Website
www.citcloud.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
CIT - 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 | CIT | - |
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