NorthOut Inc.
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NorthOut Inc. - overview
Established
2015
Location
Boston, MA, US
Primary Industry
Business Support Services
About
NorthOut Inc. is a technology solutions provider focused on delivering managed services tailored to the needs of alternative investment firms, enhancing their operational efficiency and market resilience. Founded in 2015 and headquartered in Boston, US, NorthOut Inc. specializes in technology solutions for alternative investment firms.
The company was acquired by Eze Castle Integration, Inc. , a portfolio company of H. I. G.
Capital, in November 2020 to enhance their digital transformation capabilities. Eric Healy serves as the CEO. NorthOut Inc. provides managed services and technology solutions specifically designed for alternative investment firms.
Their offerings include cloud solutions from industry leaders like Microsoft and Cisco, focusing on cloud migration, enterprise network solutions, and cybersecurity services including managed XDR and incident response. The clientele primarily consists of hedge funds and private equity firms across North America, Europe, and parts of Asia-Pacific, leveraging extensive experience in digital innovation to meet regulatory compliance and operational needs. NorthOut Inc. generates revenue through B2B transactions via long-term partnerships with clients for managed services.
Their revenue model includes subscriptions and service agreements, with pricing tailored to the scope of services offered, such as monthly fees for managed cloud services and cybersecurity solutions. Key revenue streams include flagship offerings like Microsoft 365 Managed Cloud and comprehensive cybersecurity services. Following its acquisition in November 2020, NorthOut Inc. focuses on enhancing its service offerings within the digital transformation space.
Future growth initiatives include the development of new products aimed at expanding into additional markets, specifically targeting firms in Europe and Asia-Pacific by 2023. The recent acquisition will support these initiatives by integrating NorthOut's capabilities into Eze Castle's broader service portfolio.
Current Investors
Eze Castle Integration, Inc.
Primary Industry
Business Support Services
Sub Industries
Engineering
Website
www.northout.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
NorthOut 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 | NorthOut Inc. | - |
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