New London Communications, LLC
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New London Communications, LLC - overview
Established
1986
Location
Alpharetta, GA, US
Primary Industry
Marketing/Advertising
About
New London Communications, LLC specializes in innovative technology solutions aimed at enhancing urban living and fostering community engagement. The company integrates advanced data analytics to improve city dwellers' experiences in metropolitan areas. New London Communications, LLC was founded in 1986 and is headquartered in Alpharetta, US. The company focuses on providing technology solutions to urban populations and has successfully completed 2 deals, with the most recent deal occurring on March 29, 2016.
Eric Rountree serves as the CEO of the firm. In March 2016, Valesco Industries and Agilis Equity Partners sold New London Communications, LLC to its management. Financial terms of this transaction were not disclosed. The company’s core product offerings focus on innovative technology solutions designed to enhance urban living and community engagement.
By integrating advanced data analytics and user-friendly interfaces, these products aim to address challenges faced by city dwellers, such as accessibility, transportation efficiency, and local business support. The services encompass a range of applications, including real-time public transportation updates, local business promotions, and community-led initiatives that foster social interaction. This technology is primarily targeted toward urban populations in metropolitan areas, with the goal of improving everyday experiences for residents, tourists, and local enterprises. The customer base includes city governments, transportation authorities, and local businesses that utilize these tools to engage with the community and streamline operations.
The company generates revenue through a diversified transaction structure that includes subscription models, partnerships, and direct-to-consumer sales. Clients typically enter into agreements for ongoing access to services, which may include tiered pricing based on user volume or feature sets. For example, municipalities may subscribe for comprehensive data services that enhance urban mobility, while local businesses could engage in tailored promotional partnerships that drive customer engagement. Revenue is also supplemented by targeted advertising within the platform, allowing businesses to reach potential customers directly.
This approach enables the company to maintain a steady revenue stream while providing valuable services that cater to the specific needs of urban communities. New London Communications, LLC is focused on expanding its product offerings, with plans to introduce new technology solutions that cater to urban challenges by the end of 2024. The company aims to penetrate new markets, targeting major cities in North America and Europe for expansion by 2025. The recent funding round completed in March 2016 will support these initiatives, allowing the company to invest in research and development, marketing efforts, and the recruitment of additional talent to enhance its service delivery.
Primary Industry
Marketing/Advertising
Sub Industries
Commercial Printing, Public Relations & Communications
Website
www.mynewlondon.com
Total Amount Raised
Subscriber access only
New London Communications, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | New London Communications, LLC | - | ||||||||
| Restructuring | Completed | New London Communications, LLC | - |
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