ITBoost
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ITBoost - overview
Established
2016
Location
Dallas, TX, US
Primary Industry
Software
About
ITBoost is a technology company providing specialized automated IT documentation software and knowledge management solutions tailored for Technology Service Providers (TSPs). Their focus is on enhancing workflow efficiency through deep integrations and standardized processes. Founded in 2016 by Ali Peracha, ITBoost operates from its headquarters in Dallas, US. The company was acquired by ConnectWise, LLC.
, a portfolio company of Thoma Bravo, on October 30, 2019. Ali Peracha, who serves as both the CEO and founder, has a history of entrepreneurial endeavors in the tech industry. ITBoost specializes in automated IT documentation software and knowledge management solutions designed specifically for Technology Service Providers (TSPs). Their core offerings focus on deep integrations, documentation centralization, and the facilitation of standardized processes that enhance workflow efficiency.
Key features include customizable templates and Standard Operating Procedures (SOPs), which aim to deliver consistent and positive experiences for both internal teams and customers. ITBoost serves a diverse clientele, including IT service companies, managed service providers, and other technology-focused organizations looking to streamline their operational documentation and improve service delivery. The company markets its products primarily in North America, Europe, and select regions in Asia, emphasizing the need for effective documentation in various global tech environments. The revenue model of ITBoost is structured around subscription-based services, where clients pay for access to their software solutions on a recurring basis.
This structure typically involves different pricing tiers that may vary based on the level of features and services provided, catering to businesses of various sizes. For instance, clients can engage in direct agreements for annual or monthly subscriptions, depending on their operational needs and budget. ITBoost's flagship offerings, which are integral to their revenue generation, include their documentation management tools, which are designed to enhance productivity and knowledge sharing. The company’s transactions are primarily B2B, focusing on long-term partnerships with TSPs that require reliable and scalable documentation solutions to support their operational demands.
Following its acquisition in October 2019, ITBoost is positioned for potential expansion in the automated documentation and knowledge management sectors. The company aims to enhance its product offerings and is exploring opportunities to enter new geographic markets. Details on upcoming products or specific regional expansions have not been disclosed.
Current Investors
ConnectWise, LLC
Primary Industry
Software
Sub Industries
IT Infrastructure, Customer Relationship Management, HR & Workforce Software
Website
www.itboost.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ITBoost - 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 | ITBoost | - |
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