Innovative Data Systems, Inc.
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Innovative Data Systems, Inc. - overview
Established
1997
Location
New York, NY, US
Primary Industry
Software
About
Based in New York, US, and founded in 1997, Innovative Data Systems, Inc. provides state-of-the-art barcode-based technology systems across the pallet and lumber industry. In September 2022, 48forty Solutions, LLC, a portfolio company of Audax Group and Summit Partners, acquired Innovative Data Systems, Inc. The company offers various products such as automated repair line management, wireless pallet mill systems, wireless sawmill systems, click drawTM systems, and windows mobile devices.
Additionally, the firm offers a hand pouch clock system, touch kiosk systems, 9BLOC systems, and an integrated tracking system. Furthermore, the company also offers customized IT solutions such as site survey and evaluation services, customized software services, and integrates current equipment software with pallet track software. Apart from this firm also provides consulting services to streamline the production process and obtain true operating and product costs.
Current Investors
Audax Private Equity, Summit Partners, 48forty Solutions, LLC
Primary Industry
Software
Sub Industries
Consulting Services, Application Integration Software
Website
www.pallettrack.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Innovative Data Systems, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Innovative Data Systems, Inc. | - |
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