Next Rev Technologies
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Next Rev Technologies - overview
Established
2016
Location
Upper Marlboro, MD, US
Primary Industry
IT Infrastructure
About
Next Rev Technologies, LLC provides innovative solutions in multi-cloud strategies, cybersecurity, data science, analytics, and software development, focusing on enhancing operational efficiency and security for a diverse range of businesses. Founded in 2016 and headquartered in Upper Marlboro, US, Next Rev Technologies specializes in delivering tailored multi-cloud and cybersecurity solutions. The company does not have known subsidiaries or parent companies. Their CEO is Charles Griffin, who leads the company in its mission to support government agencies, defense contractors, and enterprises across various sectors.
Next Rev Technologies, LLC specializes in providing innovative solutions in multi-cloud strategies, cybersecurity, data science and analytics, and software development. Their core offerings are designed to enhance operational efficiency and security for businesses across various sectors. The company's primary focus is on enabling organizations to effectively manage and secure their cloud environments while leveraging data-driven insights for strategic decision-making. They serve a diverse client base that includes government agencies, defense contractors, and commercial enterprises in industries such as healthcare, finance, and technology.
Next Rev Technologies has established a presence in multiple geographical markets, including the United States, Europe, and select regions in Asia, providing tailored solutions that meet the unique needs of clients across these areas. Next Rev Technologies, LLC generates revenue through a combination of direct service engagements, partnerships, and subscription-based models. The company’s transaction structure is largely B2B, collaborating with clients to implement comprehensive cloud and cybersecurity solutions. These engagements often involve customized project-based pricing, reflecting the specific needs and scale of the client's operations.
While individual pricing details for specific services are not publicly disclosed, the company offers tiered subscription plans for ongoing support and maintenance, enhancing customer retention and ensuring continuous service delivery. Their flagship services in multi-cloud management and data analytics are crucial for clients looking to optimize their IT infrastructure and leverage advanced analytical capabilities. In November 2022, VTG, a portfolio company of The Jordan Company, acquired Next Rev Technologies to support its targeted growth strategy. The acquisition is expected to leverage Next Rev Technologies' expertise in multi-cloud solutions and cybersecurity through future product launches and market expansions.
The company aims to enhance its offerings and expand into new markets, focusing on the US, Europe, and select regions in Asia, capitalizing on the growing demand for data-driven solutions.
Current Investors
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Software
Website
www.nextrevtech.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Next Rev Technologies - 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 Rev Technologies | - |
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