CynergisTek, Inc.'s Managed Print Services Business
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CynergisTek, Inc.'s Managed Print Services Business - overview
Established
2004
Location
Mission Viejo, CA, US
Primary Industry
Business Support Services
About
CynergisTek, Inc. specializes in managed print services, providing efficient printing solutions aimed at optimizing operational costs and enhancing productivity for healthcare organizations. CynergisTek, Inc. operates within the managed print services sector, focusing on delivering optimized printing solutions for healthcare providers.
Founded in 2004, the company is headquartered in Mission Viejo, US. In March 2019, CynergisTek's Managed Print Services Business was acquired by Vereco, Inc. for USD 30 mn. Caleb Barlow currently serves as CEO.
CynergisTek offers managed print services designed to streamline printing operations and reduce costs for healthcare organizations. Their services encompass print management, cost analysis, and optimization strategies tailored specifically for the needs of healthcare providers, thus ensuring operational efficiency and compliance with industry standards. CynergisTek's revenue model is based on subscription agreements, where clients utilize their managed print services as part of an ongoing engagement. This structured approach ensures consistent delivery of services while allowing clients to manage and optimize their printing needs effectively.
Looking ahead, CynergisTek plans to further enhance its service offerings by introducing new managed print solutions designed to meet evolving healthcare demands. The company aims to expand its footprint into additional healthcare markets across North America by the end of 2023. The recent acquisition by Vereco, Inc. will enable CynergisTek to leverage additional resources to support these growth initiatives.
Current Investors
Vereco, Inc.
Primary Industry
Business Support Services
Sub Industries
Commercial Printing
Website
www.cynergistek.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
CynergisTek, Inc.'s Managed Print Services Business - 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 | CynergisTek, Inc.'s Managed Print Services Business | - |
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