COMS Interactive, LLC

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COMS Interactive, LLC - overview

Established

2009

Location

-, OH, US

Primary Industry

Healthcare IT

About

COMS Interactive, LLC is a technology company specializing in innovative software solutions designed to enhance healthcare operations and improve clinical processes across various organizations. Founded in 2009 in Hudson, US, COMS Interactive, LLC focuses on delivering comprehensive software solutions to healthcare organizations. The company has successfully completed 5 deals, with the most recent deal occurring on October 8, 2018, when PointClickCare Technologies Inc. acquired it from Summit Partners.


The leadership team includes CEO Mike Wessinger, who co-founded the company alongside Dave Wessinger. COMS Interactive specializes in delivering a range of innovative solutions tailored to meet the needs of its diverse clientele. Its core product offerings include advanced software applications and integrated systems designed to enhance operational efficiency and streamline workflows across various industries, particularly in healthcare. The company’s solutions address challenges related to data management, process automation, and customer engagement, enabling organizations to optimize their performance and drive growth.


Its products are distributed across North America and Europe, where demand continues to expand. The company's revenue model is driven by a combination of subscription services and direct sales of its proprietary software solutions. Clients engage in annual subscription agreements for access to the flagship products, along with ongoing support and updates. Contracts typically include tiered pricing structures based on the number of users or features utilized.


Partnerships with value-added resellers play a crucial role in broadening the company’s market reach, facilitating consistent revenue generation while providing tailored solutions to meet specific operational needs. With the acquisition by PointClickCare Technologies Inc. , the focus is on enhancing clinical processes and reducing re-hospitalizations. Although specific new products are not detailed, the acquisition's rationale indicates a strategic direction toward improving healthcare outcomes.


The company will utilize the support from this acquisition to drive further innovations and improvements in product offerings, aligning with PointClickCare’s growth objectives.


Current Investors

Portal Capital, Zapis Capital Group

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Web Applications, Medical Software, Information Services

Website

www.comsinteractive.com

Verticals

Cloud Computing, Cloud Computing, HealthTech

Company Stage

Acquired

Total Amount Raised

Subscriber access only

COMS Interactive, 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)
Add-on, Trade SaleCompletedCOMS Interactive, LLC-

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