Network Support Company, LLC

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Network Support Company, LLC - overview

Established

1996

Location

Danbury, CT, US

Primary Industry

Outsourcing

About

Based in the US, Network Support Company, LLC provides managed IT services and cybersecurity solutions to enhance operational security for various sectors, including education and financial services. Network Support Company, LLC focuses on delivering IT managed services and cybersecurity solutions. Founded in 1996 and headquartered in Danbury, CT, US, the company was acquired by Logically, Inc. , a portfolio company of Riverside Company, on January 26, 2021.


The founder's history is not available. Network Support Company specializes in offering comprehensive cyber-first solutions and IT managed services that integrate security across organizations. Their flagship product, SentryXDR 360, is an advanced cybersecurity solution recognized with the 2023 Fortress Cybersecurity Award. It provides real-time monitoring and protection of data by creating a holistic view of network activity to detect and respond to malicious threats.


The company serves a diverse client base, including sectors such as education, healthcare, financial services, local government, and retail, addressing specific challenges through tailored security measures and managed IT services. Network Support Company operates primarily in the United States, with regional offices in Dublin, OH; Raleigh, NC; Danbury, CT; Reno, NV; and Minneapolis, MN, providing localized support while serving clients across various states. Network Support Company generates revenue through subscription-based managed services and cybersecurity solutions tailored to meet the needs of its diverse clientele. Clients engage in contracts for ongoing support and maintenance, which often include provisions for both cybersecurity solutions and IT management.


The structure involves businesses paying regular fees for access to services, which can vary based on specific needs and scale. Premium offerings such as SentryXDR 360 command higher pricing due to their advanced capabilities. Additionally, the company may provide bespoke consulting services, enhancing revenue through strategic partnerships with firms seeking expertise in navigating cybersecurity challenges and IT complexities. The recent acquisition by Logically, Inc.


may lead to enhanced capabilities and product offerings, although specific upcoming products and their release dates have not been disclosed. The company is expected to leverage its resources for expansion into new markets, particularly within the cybersecurity sector, but no specific regions have been mentioned. The funding from Logically's acquisition will likely support these growth initiatives, enhancing the overall service portfolio and market reach.


Current Investors

Logically, Inc.

Primary Industry

Outsourcing

Sub Industries

Consulting Services, Offshore IT Services/IT Outsourcing, Education & Training Services, IT Infrastructure, IT Security/Cybersecurity

Website

www.network-support.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Network Support Company, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedNetwork Support Company, LLC-

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