eScan Data Systems Corporation

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eScan Data Systems Corporation - overview

Location

Austin, TX, US

Primary Industry

Healthcare IT

About

eScan Data Systems Corporation specializes in providing digital solutions that enhance online presence and streamline web management for businesses. Its offerings include website building, domain registration, and online marketing tools. eScan Data Systems Corporation operates a suite of digital solutions designed to empower businesses with enhanced online management capabilities. The company is headquartered in Austin, US, and was acquired by TransUnion, a portfolio company of Advent International and Goldman Sachs Merchant Banking Division, in September 2013.


Funding details and past specifics such as pivots or subsidiaries are not disclosed. The company primarily offers a suite of digital solutions designed to enhance online presence and streamline web management for businesses across various sectors. Central to their offerings is a robust website building platform that empowers users to create, customize, and manage their websites without requiring extensive technical knowledge. This platform is complemented by additional services such as domain registration, web hosting, and online marketing tools aimed at increasing visibility and engagement.


The company targets small to medium-sized enterprises (SMEs) and individual entrepreneurs as its primary customer base, serving clients in North America, Europe, and parts of Asia. The end users benefit from these services by gaining greater autonomy over their online identity and improving their customer outreach capabilities. The company's revenue model is predominantly based on subscription services, where clients pay a recurring fee for ongoing access to its platform and tools. Transactions typically occur through direct-to-consumer channels, allowing businesses to select from various pricing plans tailored to their needs.


For instance, customers may choose between different tiers of service, which could include basic website features or more advanced options that offer enhanced functionality and support. Flagship products, such as their website builder and domain registration service, play a significant role in driving revenue, as they are essential for customers aiming to establish a robust online presence. Revenue generation is also supported through partnerships with third-party service providers, which may offer complementary solutions to the company's clients. The company aims to expand its product offerings with new digital solutions scheduled for release by the end of 2024, focusing on advanced customization and integration features.


Additionally, eScan Data Systems plans to enter new markets in Asia and Europe by 2025, leveraging its recent acquisition funding to enhance R&D and marketing efforts. This strategic approach will position the company to meet the evolving needs of a broader customer base while solidifying its presence in existing markets.


Current Investors

TransUnion LLC

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Medical Software

Website

www.escands.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

eScan Data Systems Corporation - 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-onCompletedeScan Data Systems Corporation-

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