Netrio, LLC
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Netrio, LLC - overview
Established
2003
Location
McKinney, TX, US
Primary Industry
IT Infrastructure
About
Netrio, LLC is a Managed Services Provider (MSP) and Managed Security Services Provider (MSSP) that specializes in comprehensive IT solutions for small and mid-market enterprises, enhancing operational efficiency and security. Netrio, LLC, founded in 2003 in McKinney, US, operates as a Managed Services Provider and Managed Security Services Provider. The company has engaged in 2 deals, with the most recent deal occurring on March 14, 2025. Netrio was acquired by L Squared Capital Partners in a recapitalization, with financial terms not disclosed.
The company continues to evolve its offerings without notable pivots or changes in operations. Netrio primarily operates as a Managed Services Provider (MSP) and Managed Security Services Provider (MSSP), delivering a comprehensive suite of IT solutions tailored for small and mid-market enterprises. Their core offerings include managed infrastructure services, cybersecurity solutions, cloud services, connectivity options, and custom software development. These services address the complexities of modern IT environments, helping clients to innovate while minimizing risk and costs.
Netrio's solutions extend to various sectors including finance, healthcare, and retail, with a focus on providing robust IT support for digital transformation. Netrio generates revenue through a structured model that includes managed service agreements, cybersecurity subscriptions, and project-based engagements with their client base. Clients typically enter into long-term agreements encompassing various services, allowing for predictable revenue streams. The pricing structure is tiered, offering unique packages designed to meet specific organizational needs, including bundled services for cybersecurity and network management.
Revenue from ongoing support and maintenance contracts constitutes a significant portion of Netrio's financial model. Netrio plans to leverage recent funding from its acquisition by L Squared Capital Partners to enhance its service offerings and expand into new geographic markets. Upcoming products include advanced cybersecurity tools and cloud service enhancements, with anticipated launches set for late 2025. The company aims to penetrate markets in the Southeast and West Coast of the US by mid-2026, focusing on regions with high demand for IT solutions.
The growth strategy hinges on utilizing the recapitalization funds to support these initiatives, ensuring Netrio remains competitive in the evolving IT landscape.
Current Investors
L Squared Capital Partners
Primary Industry
IT Infrastructure
Sub Industries
Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity, Application Integration Software
Website
www.netrio.com
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Netrio, LLC - 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 | Agio, Inc. | - | ||||||||
| Recapitalisation | Completed | Netrio, LLC | - | ||||||||
| Add-on | Completed | PCA Technology Group, Inc. | - | ||||||||
| Buyout | Completed | Netrio, LLC | - |
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