Dorsett Technologies, Inc.
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Dorsett Technologies, Inc. - overview
Established
1956
Location
-, NC, US
Primary Industry
Software
About
Dorsett Technologies, Inc. is a U. S. -based firm that provides advanced technology solutions and managed services, primarily focusing on enhancing operational efficiencies for various sectors through innovative strategies.
Founded in 1956, Dorsett Technologies, Inc. specializes in delivering technology-based solutions to diverse industries. The company has undergone strategic pivots to refine its service offerings to meet market demands. It is headquartered in the United States.
The CEO, Mason Miller, leads the company, ensuring alignment with industry standards and client needs. In May 2019, Midwest Mezzanine Funds and MC Controls acquired a controlling stake in Dorsett Technologies, Inc. , marking a significant funding milestone for the company. Dorsett Technologies, Inc.
specializes in providing managed hosting solutions designed for online businesses, particularly those in e-commerce and web development. Its core offerings include high-performance cloud hosting, dedicated servers, and managed WordPress hosting services, developed to enhance website speed, reliability, and scalability. This enables clients to efficiently manage their online presence. The company serves a broad clientele, including small to medium-sized enterprises (SMEs), digital agencies, and large corporations across various sectors, focusing primarily on North America, Europe, and parts of Asia.
Dorsett Technologies, Inc. generates revenue through a subscription-based model, offering tiered pricing plans that cater to individual hosting needs. Clients can opt for monthly or annual billing cycles for their managed hosting services, which supports both B2B relationships with businesses and direct-to-consumer services. The company's flagship services, such as managed WordPress hosting, are competitively priced, facilitating accessibility for various customer segments while ensuring a stable revenue stream.
Dorsett Technologies, Inc. plans to enhance its product line by developing new hosting solutions expected to launch in 2024. The company is targeting expansion into the Asian market, with plans to establish a presence in Southeast Asia by the end of 2025. The recent deal in May 2019 will enable further investment in product development and market expansion strategies, thereby strengthening its competitive position in the technology solutions space.
Current Investors
Midwest Mezzanine Funds
Primary Industry
Software
Sub Industries
Systems Management Software
Website
www.dorsett-tech.com
Company Stage
Mature - Growth Capital
Total Amount Raised
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Dorsett Technologies, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Dorsett Technologies, Inc. | - |
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