Cloud5
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Cloud5 - overview
Established
2006
Location
Chicago, IL, US
Primary Industry
IT Infrastructure
About
Cloud5 Communications delivers advanced technology solutions specifically designed for the hospitality sector, focusing on high-speed internet access, voice services, and managed IT solutions to optimize hotel operations and enhance guest experiences. Founded in 2006 and headquartered in Chicago, US, Cloud5 Communications provides technology solutions to the hospitality industry. The company has completed one major deal, with TZP Group investing in October 2013. Mark Holzberg is the CEO, who brings extensive experience within the tech sector, though details on prior companies are not specified.
Cloud5 Communications specializes in comprehensive technology solutions tailored for the hospitality industry. Their core offerings include high-speed internet access, voice solutions, contact center services, and managed services, all designed to enhance operational efficiency and elevate guest experiences in hotels and resorts. With over 5,000 clients, including leading hotels and major hospitality brands, Cloud5 serves markets across North America, the Caribbean, and select regions in Europe, addressing the unique technology needs of modern hotel operations. Cloud5 Communications generates revenue primarily through B2B transactions, offering subscriptions and service agreements tailored to hospitality clients.
The company's pricing structure is based on long-term contracts encompassing a range of services like high-speed internet access and managed IT services. Revenue is derived from service fees associated with technology deployment and maintenance, reflecting Cloud5's commitment to value-added services that align with clients' strategic objectives, fostering long-term partnerships that drive recurring revenue streams. In the coming years, Cloud5 Communications plans to expand its product offerings, focusing on innovative solutions to meet evolving hospitality needs. The company is also targeting expansion into new geographic markets across Europe, with specific regions under consideration for entry by 2025.
The investment from TZP Group in October 2013 is expected to support these growth initiatives, facilitating the launch of new technologies and the enhancement of existing services.
Current Investors
TZP Group
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Internet Service Providers
Website
https://cloud5.com/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Cloud5 - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Cloud5 | - |
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