Next Gen Photo Solutions, Inc.
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Next Gen Photo Solutions, Inc. - overview
Established
2015
Location
New Orleans, LA, US
Primary Industry
Software
About
Based in Louisiana, US, and founded in 2015, Next Gen Photo Solutions, Inc. offers a volume photography solution that streamlines the workflow process for its customers' studios. In September 2023, GotPhoto, a portfolio company of EQT, acquired Next Gen Photo Solutions, Inc. As of 2023, the company is led by its founder, Wes Kroninger.
The company's offerings are a web-based platform that accelerates job setup, data import, image uploading, and order entry or graphic selection. This technique reduces the amount of time it takes to extract images, create team composites, and produce print-ready product files for photographers. The firm's services also include simplifying data management and providing an online prepay system with customizable options for customer orders. The organization generates revenue primarily through its services, which are priced per person or per graphic, such as 3D standard design and virtual riser style, extraction and graphic customization, individual banner design and team panos services, and others.
Current Investors
GotPhoto
Primary Industry
Software
Sub Industries
Multimedia & Graphics, Digital Media
Website
www.nextgenphotosolutions.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Next Gen Photo Solutions, 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 | Completed | Next Gen Photo Solutions, Inc. | - |
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Next Gen Photo Solutions, Inc. - employee data
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