Grade A
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Grade A - overview
Established
2002
Location
Ottawa, ON, Canada
Primary Industry
Outsourcing
About
Grade A is a managed IT services provider that specializes in comprehensive technology solutions for various industries, focusing on enhancing operational efficiency and improving cybersecurity for businesses. Grade A, founded in 2002 and headquartered in Ottawa, Canada, operates as a managed IT services provider. The company has executed a total of 2 deals, with its most recent deal occurring on December 2, 2020, when Riverside Partners acquired Grade A. The founders, Alana Burrowes and Allan Ghosn, have established a strong foundation in technology services, although no prior company history is disclosed.
Grade A provides a comprehensive range of managed IT services, including cybersecurity solutions, cloud migration, and application modernization. These offerings are tailored to assist clients in navigating complex technological landscapes, particularly in sectors such as healthcare, financial services, construction, legal, and non-profit organizations. The company's market focus is primarily in North America, particularly the United States and Canada, ensuring localized support and expertise for its diverse client base. The firm generates revenue through a subscription-based model that offers continuous IT support and cybersecurity protection.
Clients engage in B2B transactions, subscribing to tailored service packages, such as co-managed IT services and comprehensive cybersecurity solutions. Each service has specific pricing tiers based on service complexity and customization. Strategic partnerships, including an affiliation with Microsoft, enhance their offerings and contribute to additional revenue streams through joint marketing initiatives. The strategy for Grade A's future growth includes potential new product launches aimed at enhancing their service offerings in the coming years.
The company is also exploring expansion into new markets, targeting additional regions within North America by the end of 2023. The financial support from the recent acquisition will be leveraged to bolster these initiatives, focusing on innovating service delivery and enhancing client relationships.
Current Investors
Grade A / Convergence Networks / Application Specialist Kompany
Primary Industry
Outsourcing
Sub Industries
BPO Services, IT Infrastructure
Website
www.gradea.ca
Company Stage
Merged
Total Amount Raised
Subscriber access only
Grade A - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Convergence Networks, Grade A | - | ||||||||
| Buyout | Completed | Grade A | - |
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Grade A - employee data
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