Element Technologies, LLC

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Element Technologies, LLC - overview

Established

1987

Location

Minneapolis, MN, US

Primary Industry

IT Security/Cybersecurity

About

Element Technologies offers managed IT solutions and cybersecurity services to enhance operational efficiency and safeguard sensitive data for various sectors. Element Technologies, LLC was founded in 1987 and is headquartered in Minneapolis, US. The company specializes in managed IT and cybersecurity services. In March 2025, Element was acquired by New Charter Technologies, Inc.


, enhancing their service capabilities. The company has completed one deal, with the most recent deal date being March 18, 2025. The founder's history or previous companies is not available. Element Technologies specializes in providing managed IT solutions and cybersecurity services designed to enhance organizational efficiency and protect sensitive information.


Their core offerings include comprehensive IT support, robust cybersecurity measures, and document management solutions tailored to various sectors, including legal, healthcare, and financial services. By leveraging cloud technology, Element facilitates user adoption through effective education and training programs, ensuring clients can fully utilize the technologies at their disposal. Solutions are deployed across multiple geographical markets, including the United States, Canada, and select countries in Europe and Asia, serving a diverse client base ranging from small businesses to large enterprises. Element Technologies generates revenue through a combination of subscription-based services and project-based engagements with their clients.


Their transaction structure often involves long-term partnerships where clients pay for ongoing managed IT services and cybersecurity support, allowing for predictable revenue streams. Specific service offerings, such as their flagship cybersecurity training programs and document migration tools, are typically bundled into comprehensive service packages, providing clients with a holistic approach to their IT needs. Pricing plans are designed to be scalable, accommodating both small firms requiring basic services and larger organizations needing advanced solutions, ensuring operational profitability. Following the acquisition by New Charter Technologies, Inc.


in March 2025, Element Technologies plans to enhance its service offerings and improve client response times. The company is likely focusing on expanding its reach in existing markets and exploring opportunities in new geographic regions. The integration with New Charter Technologies, Inc. aims to optimize their operational capabilities and drive growth initiatives.


Current Investors

New Charter Technologies, Inc.

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Security/Cybersecurity, Education & Training Software

Website

www.ele-ment.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Element Technologies, 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-onCompletedElement Technologies, LLC-

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