Codin Solutions
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Codin Solutions - overview
Location
Silver Spring, MD, US
Primary Industry
Business Support Services
About
Codin Solutions is a specialized IT services provider focused on delivering tailored technology solutions to businesses. Their services enhance operational efficiency and drive digital transformation across various sectors. Codin Solutions is an IT services provider headquartered in Silver Spring, US. The company was acquired by ITSolutions, a portfolio company of Edgewater Funds, in September 2007.
The founder's history is not available, nor is any information about previous companies they may have founded. The company has been involved in a single deal, with the most recent deal dated August 31, 2007. Codin Solutions offers a range of IT services, including custom software development, system integration, and IT consulting. Their solutions are designed to meet the specific needs of their clients, helping businesses streamline operations and improve productivity.
They serve a diverse clientele, ensuring that their services address various industry challenges and support clients in achieving their technology goals. Codin Solutions generates revenue primarily through project-based contracts for its IT services. Clients engage with the company by selecting from various service offerings tailored to their business needs, fostering long-term relationships through ongoing support and consultation. This structured approach allows Codin Solutions to secure a consistent revenue stream from its client base.
Codin Solutions plans to introduce new IT service offerings tailored to emerging technologies, with a focus on launching these products by the end of 2024. The company aims to expand its reach into new markets, particularly targeting sectors in the United States and Canada, with initiatives set to roll out by mid-2025. Recent funding from the acquisition will be utilized to support these growth initiatives, enhancing service capabilities and facilitating market entry strategies.
Current Investors
Acentia LLC
Primary Industry
Business Support Services
Sub Industries
Government, Consulting Services
Website
www.codinsolutions.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Codin Solutions - 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 | Codin Solutions | - |
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