Mediant Communications Inc.
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Mediant Communications Inc. - overview
Established
2002
Location
New York, NY, US
Primary Industry
Software
About
Mediant Communications Inc. specializes in providing advanced investor communication solutions and financial technology services tailored to enhance client engagement and operational efficiency in the wealth management sector. Founded in 2002, Mediant Communications Inc. is based in New York, US.
The company is focused on delivering technology solutions for investor communications. Recently, in March 2023, BetaNXT acquired Mediant Communications Inc. from Argentum, Breakwater Mediant, Compo Seven Capital, First Analysis, and Mathers Associates, although financial terms were not disclosed. The founder, Ahmet Tasdan, has a history of innovation in the financial services sector.
Mediant has engaged in 11 deals to date, with its latest funding round being an investment of USD 18. 50 mn led by Argentum. Mediant Communications Inc. offers a comprehensive suite of financial technology solutions designed to improve operational efficiency for clients in the wealth management sector.
Their core offerings include investor communications technology, which enhances connectivity and transparency for banks, brokers, investment managers, and corporations across North America, Europe, and Asia. These solutions also integrate with products such as DataXChange and Maxit, focusing on seamless data exchange and advanced tax reporting. Mediant Communications Inc. generates revenue through a subscription-based pricing structure for its flagship services, including investor communications technology.
Clients pay recurring fees for access to these platforms, which provide tailored software solutions that enhance operational workflows. The ongoing partnerships within the wealth management ecosystem contribute to a stable revenue stream derived from value-added services that promote client satisfaction and operational efficiency. In March 2023, following the acquisition by BetaNXT, Mediant Communications Inc. looks to expand its suite of wealth management solutions.
The recent funding of USD 18. 50 mn will be utilized to enhance product development, including new offerings in investor communications technology. The company plans to explore opportunities in emerging markets and enhance its presence in existing regions, aiming for strategic growth by the end of 2024.
Current Investors
First Analysis, Argentum
Primary Industry
Software
Sub Industries
Public Relations & Communications, Investment Banking, Customer Relationship Management, Accounting/Finance Software
Website
www.mediantinc.com
Verticals
Cloud Computing, FinTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Mediant Communications 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, Trade Sale | Completed | Mediant Communications Inc. | - |
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