Crosspoint Communications Inc.
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Crosspoint Communications Inc. - overview
Established
1997
Location
Arlington, TX, US
Primary Industry
Telecoms
About
Crosspoint Communications Inc. provides digital solutions that empower businesses to enhance their online presence through website development, e-commerce, and digital marketing tools. Founded in 1997 and headquartered in Arlington, US, Crosspoint Communications Inc. specializes in creating digital solutions for businesses.
The company was acquired by Mobile Communications America Inc. , a portfolio company of Sentinel Capital Partners, in June 2019. Rayna Brooks serves as the CEO. Crosspoint Communications Inc.
offers a suite of digital solutions aimed at enhancing online business presence. Their flagship product is a website building platform that allows users to create and manage websites with ease, integrating features for e-commerce, SEO, and social media marketing. They also provide domain registration and web hosting services to cater to a diverse clientele, including startups and established businesses in North America, Europe, and parts of Asia. The company's revenue is primarily generated through a subscription-based model, where clients pay for access to their digital tools and services via annual or monthly plans.
Additionally, revenue is supplemented through partnerships with third-party service providers and a commission structure on sales made through their e-commerce platform, ensuring a steady income stream from individual and business clients. Moving forward, Crosspoint Communications Inc. plans to focus on expanding its product offerings and entering new geographic markets. The company is currently working on enhancing its website building platform with additional features set to launch by mid-2021.
Furthermore, they aim to penetrate the Asian market more effectively within the next two years. The acquisition by Mobile Communications America Inc. in June 2019 will support these initiatives, though specific financial terms remain undisclosed.
Current Investors
Mobile Communications America, Inc.
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services
Website
www.crosspointcomm.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Crosspoint Communications Inc. - 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 | Crosspoint Communications Inc. | - |
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