Equitrac Corporation
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Equitrac Corporation - overview
Established
1996
Location
Plantation, FL, US
Primary Industry
Software
About
Equitrac Corporation specializes in intelligent print management solutions, optimizing printing processes through centralized control and secure printing features to enhance organizational efficiency and reduce costs. Equitrac Corporation, founded in 1996 in Plantation, US, focuses on print management software. The company was acquired by Nuance Communications in May 2011 for USD 161 mn. Under the leadership of CEO Mahadevan Parameswaran, Equitrac continues to innovate in the print management sector.
Equitrac offers intelligent print management solutions that enable centralized control of printing activities. Its flagship product, Equitrac, includes secure print release, mobile printing capabilities, and usage tracking, helping organizations streamline workflows and enhance data security. Additional products such as ControlSuite and AutoStore cater to the broader document and workflow automation needs of clients across North America, Europe, and Asia-Pacific. In 2021, Equitrac reported a revenue of USD 1.
36 bn and an EBITDA of USD 175. 76 mn, generated primarily through a subscription-based model for its software solutions. Equitrac's future growth strategy includes the development of new products aimed at enhancing print management capabilities. Plans for expansion target specific regions in Europe and Asia-Pacific, anticipated to initiate by the end of 2022.
The funding from the USD 161 mn acquisition will support these initiatives to bolster product offerings and expand market presence.
Current Investors
Warburg Pincus, Nuance Communications, Graycliff Partners
Primary Industry
Software
Sub Industries
Commercial Printing, Analytics & Performance Software
Website
www.equitrac.com
Verticals
Artificial Intelligence, Artificial Intelligence
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Equitrac Corporation - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Equitrac Corporation | - | ||||||||
| Trade Sale | Completed | Equitrac Corporation | - | ||||||||
| Add-on, Trade Sale | Completed | Equitrac Corporation | - | ||||||||
| Recapitalisation | Completed | Equitrac Corporation | - | ||||||||
| Buyout | Completed | Equitrac Corporation | - |
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