GreenSlate LLC

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GreenSlate LLC - overview

Established

2004

Location

-, NY, US

Primary Industry

Software

About

Based in the US, GreenSlate LLC operates as a provider of payroll and production accounting software designed specifically for the entertainment industry, streamlining financial processes for production companies. Founded in 2004, GreenSlate LLC specializes in payroll and production accounting software for the entertainment sector. The company is led by CEO John Finn, who co-founded the company alongside Laxmi Zadgaonkar. GreenSlate has successfully engaged in 2 deals, with its most recent deal occurring on February 10, 2023.


GreenSlate offers an all-in-one payroll and production accounting software tailored specifically for the entertainment industry. The core functionalities include cast and crew payroll management, global payroll services, accounting software, and comprehensive incentive management tools. These solutions streamline processes related to payroll, budgeting, and workforce management for various projects such as feature films, television productions, commercials, and live events. The company's client base includes studios, global franchises, independent filmmakers, and production companies across North America, Europe, and Australia.


GreenSlate generates revenue primarily through subscription-based models for their software services, catering to production companies and studios in the entertainment sector. Clients typically enter into contracts that provide access to various functionalities within the GreenSlate platform, facilitating efficient payroll, accounting, and compliance management. The pricing structure is tiered based on the scale and complexity of the services utilized, including essential offerings like payroll management, tax incentive tracking, and production budgeting. In February 2023, Francisco Partners, along with the company's management, acquired a minority stake in GreenSlate LLC from Veronis Suhler Stevenson, with financial terms undisclosed.


The investment will support GreenSlate LLC in driving its next phase of growth. Future plans include launching new software products tailored to evolving industry needs and expanding into new markets, particularly targeting regions in Asia and South America by the end of 2024.


Current Investors

VSS Capital Partners

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software, HR & Workforce Software

Website

www.gslate.com

Verticals

Cloud Computing, FinTech

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

GreenSlate 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-onCompletedCircus Technologies Inc.-
Secondary BuyoutCompletedGreenSlate LLC-
GrowthCompletedGreenSlate LLC-

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