Evanta
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Evanta - overview
Established
2003
Location
Portland, OR, US
Primary Industry
Business Support Services
About
Evanta provides a platform for C-level executives to build connections and share insights across various industries. Their services focus on fostering collaboration and enhancing leadership skills among senior leaders in global organizations. Evanta, established in 2003 in Portland, US, specializes in facilitating executive networking for C-level professionals. The company was acquired by CEB, Inc in a Trade Sale deal worth USD 275.
00 mn, finalized in May 2016. The company has completed a total of 2 deals to date, with its latest deal occurring on April 4, 2016. Gartner C-level Communities, formerly known as Evanta, offers a comprehensive range of services that connect C-level executives from major organizations worldwide. Their offerings consist of exclusive communities that promote networking, peer collaboration, and the sharing of best practices and innovative strategies.
The organization caters to senior executives, including CIOs, CISOs, CHROs, CDAOs, and CFOs, primarily from companies generating over USD 1 billion in revenue. They operate in diverse global markets, including North America, Europe, the Middle East, and Asia-Pacific, ensuring a wide-ranging member base. In 2012, Evanta reported a revenue of USD 26. 00 mn, primarily generated through membership subscriptions and event participation fees.
Companies pay for memberships that grant access to community gatherings and tailored strategic insights, reinforcing the value of their offerings to C-level executives. In April 2016, Evanta was acquired by CEB, Inc for USD 275. 00 mn, which is expected to enhance their operational capacities and expand their reach. Future growth plans include the introduction of new products designed for executive leadership and an expansion into new markets, particularly targeting regions in Europe and Asia-Pacific by 2025.
The funding from the acquisition is likely to support these initiatives and strengthen Evanta's service offerings for C-level executives.
Primary Industry
Business Support Services
Sub Industries
Business Support Services, Education & Training Services
Website
www.evanta.com
Verticals
Social Media
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Evanta - 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 | Evanta | - | ||||||||
| Buyout | Completed | Evanta | - |
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