Metova, Inc.
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Metova, Inc. - overview
Established
2006
Location
Bentonville, AR, US
Primary Industry
IT Infrastructure
About
Metova, Inc. is a US-based technology company that specializes in custom software solutions, including mobile app development and systems integration, aimed at enhancing digital transformation across various industries. Founded in 2006 and headquartered in Bentonville, Arkansas, Metova, Inc. focuses on custom software development.
Most recently, on January 5, 2023, the company was acquired from Eagle Private Capital, Harbert Management Corporation, and Lightview Capital. CEO Josh Smith leads the firm, which has engaged in three total deals to date. Metova specializes in the development of custom software solutions, offering a wide range of services that include mobile app development, website creation, and the integration of connected systems encompassing both hardware and software. Their core offerings address the digital transformation needs of industries such as telemedicine, heavy equipment, financial services, and entertainment.
The company's strategic approach incorporates research and design collaboration, software development, quality assurance, and marketing services, providing a comprehensive suite that guides businesses in optimizing operations and enhancing customer experiences. Metova’s products are utilized by various clients, from startups to established brands, with solutions tailored to improve operational efficiency and drive revenue growth in markets including North America and Europe. Metova generates revenue through a structured model that involves a combination of B2B partnerships and direct client engagements. The company's services are offered on a project basis, allowing clients to engage Metova for specific software development projects or ongoing consultancy.
This approach provides flexible pricing arrangements that accommodate each client's unique requirements, often including comprehensive packages integrating multiple services. By focusing on delivering tailored solutions, Metova builds long-term relationships with its clients, ensuring repeat business. The firm’s revenue stream is bolstered by flagship products that enhance operational capabilities across its diverse clientele. In January 2023, the acquisition of Metova, Inc.
is set to facilitate the company's expansion and relocation to Northwest Arkansas from Franklin, Tennessee. The management plans to leverage this new base to enhance operations and explore additional markets. Specific product launches and innovations are currently in development; however, no exact release dates have been confirmed. The funding from the recent acquisition will be utilized to support these growth initiatives and further strengthen Metova’s market presence.
Current Investors
Harbert Management, Eagle Private Capital, Lightview Capital
Primary Industry
IT Infrastructure
Sub Industries
Offshore IT Services/IT Outsourcing, Web Development, IT Infrastructure, IT Security/Cybersecurity, Content Management Software
Website
www.metova.com
Total Amount Raised
Subscriber access only
Metova, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Metova, Inc. | - | ||||||||
| Trade Sale | Completed | Metova, Inc. | - | ||||||||
| Add-on | Completed | Metova Federal, LLC | - | ||||||||
| Recapitalisation | Completed | Metova, Inc. | - | ||||||||
| Trade Sale | Completed | Camber Corporation | - |
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Metova, Inc. - employee data


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