Crossfuze LLC

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Crossfuze LLC - overview

Established

2000

Location

Buffalo, NY, US

Primary Industry

IT Infrastructure

About

Crossfuze LLC is a premier ServiceNow Elite Partner focused on delivering comprehensive solutions that enhance clients' operational efficiency through rapid implementations and tailored strategies, optimizing their investments in ServiceNow technology. Founded in 2000 and headquartered in Buffalo, US, Crossfuze LLC specializes in ServiceNow solutions. The company underwent a significant shift in ownership in October 2018 when RLJ Equity Partners acquired a majority stake from Inergex, Inc. Chris Howard serves as the CEO, leading the company's expansion and operational strategies.


Crossfuze specializes in delivering comprehensive solutions as a ServiceNow Elite Partner, focusing on optimizing clients' returns on their ServiceNow investments. Their core offerings include a fixed-fee, rapid implementation service that allows organizations to adopt ServiceNow within weeks rather than months, ensuring that business priorities align with the platform's capabilities. Crossfuze provides tailored statements of work, facilitating complex organizational implementations, enhancements, and integrations through innovative workshops that develop strategies and roadmaps. Their solutions cater to a diverse clientele, including CIOs and digital transformation leaders across various sectors, enabling them to harness the full potential of their ServiceNow subscriptions.


The company's services are available in key global markets, targeting enterprises seeking to enhance their operational efficiency and customer service delivery through digital transformation initiatives. Crossfuze generates revenue primarily through fixed-fee implementations and ongoing managed services designed for organizations utilizing ServiceNow. Clients typically engage in B2B transactions, where they pay for tailored implementation packages and additional expertise as needed. This structure allows businesses to invest in specific modules or services such as Revive suite for user adoption and Infuze™ for on-demand expertise.


The pricing strategy aligns with the complexity and scale of the implementation, ensuring that organizations receive value proportional to their investment. As a result, revenue streams are diversified through partnerships and subscriptions, capitalizing on the growing demand for effective digital transformation solutions in the enterprise landscape. Crossfuze plans to leverage its recent funding from the acquisition in October 2018 to enhance its product offerings and expand into new markets. The company is currently developing new tools aimed at further optimizing ServiceNow implementations, with an anticipated launch in the next 12 months.


Additionally, Crossfuze aims to expand its presence in European markets by 2025, targeting enterprises eager to undergo digital transformation initiatives.


Current Investors

RLJ Equity Partners

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure

Website

www.crossfuze.com

Company Stage

Buyout

Total Amount Raised

Subscriber access only

Crossfuze 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)
Secondary BuyoutCompletedCrossfuze LLC-
Add-onCompletedCrossfuze LLC-

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