OneNeck IT Services
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OneNeck IT Services - overview
Established
1997
Location
Scottsdale, AZ, US
Primary Industry
IT Infrastructure
About
OneNeck IT Services provides comprehensive IT solutions, including managed services, cloud offerings, and data center support, designed to enhance business efficiency and ensure robust cybersecurity for various industries. Founded in 1997 in Scottsdale, US, OneNeck IT Services specializes in IT solutions. In June 2011, the company was acquired by Telephone and Data Systems from Westview Capital Partners and other investors for USD 95 mn. The firm has completed 2 deals to date.
The current CEO is Andrey Vorobyovski, leading the organization since its acquisition. OneNeck IT Services specializes in providing enterprise cloud solutions, data center services, and managed IT support designed to enhance operational efficiency and security for businesses across various industries. Their core offerings include custom-built data centers that prioritize scalability, security, and efficiency, along with solutions aimed at reducing costs and improving performance by allowing companies to manage their workloads more effectively. OneNeck's services also include secure cloud alternatives that facilitate seamless connectivity and reliable operations, ensuring businesses can run efficiently regardless of location.
The company caters to a diverse client base, which includes enterprises from sectors such as healthcare, finance, and manufacturing, with a geographical focus that extends beyond its headquarters in the Midwest to serve clients nationwide. OneNeck IT Services generates revenue primarily through a subscription-based model and direct partnerships with businesses seeking IT services. Clients typically engage with the company for long-term contracts that encompass a range of services, including cloud hosting, data management, and cybersecurity solutions. These agreements allow businesses to access OneNeck's infrastructure and expertise, which is crucial for maintaining operational continuity and data protection.
The pricing structure for their services is tailored to meet the specific needs of each client, with customized solutions that align with their operational requirements. Flagship offerings include comprehensive cloud solutions and managed IT services, which are essential for organizations looking to outsource their IT infrastructure and focus on core business activities. OneNeck IT Services aims to leverage the recent acquisition by Telephone and Data Systems to enhance its product offerings and expand into new markets. The company is actively designing new cloud services expected to launch in 2023.
Furthermore, they are targeting expansion in the Southeast and Western regions of the US by 2024. The funding from the USD 95 mn Trade Sale will be utilized to support these initiatives, ensuring that OneNeck can broaden its service capabilities and improve its technology infrastructure.
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Systems Management Software
Website
www.oneneck.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
OneNeck IT Services - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | OneNeck IT Services | - | ||||||||
| Add-on | Completed | Ensynch Managed Hosting Data Center Business Unit | - | ||||||||
| Add-on, Trade Sale | Completed | Delinea Corporation | - | ||||||||
| Growth | Completed | OneNeck IT Services | - |
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