Open Solutions
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Open Solutions - overview
Established
1992
Location
Glastonbury, CT, US
Primary Industry
Software
About
Established in 1992 and based in US, Open Solutions Inc. is a provider of enabling technologies for financial institutions.
Current Investors
Menlo Ventures, Axiom Venture Partners, Connecticut Innovations
Primary Industry
Software
Sub Industries
Accounting/Finance Software
Website
www.opensolutions.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Open Solutions - financials
| Fiscal Year Ended | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Jan 01, 2007 |
|---|---|---|---|---|---|
| Revenue (USD) | 63,852,000 | 107,183,000 | - | - | - |
| % Revenue Growth (YoY) | - | 67.9% | - | - | - |
| EBITDA (USD) | 5,401,000 | 22,597,000 | - | - | - |
| Operating Income (USD) | 1,500,000 | 16,163,000 | - | - | - |
| Operating Margin | 2.3% | 15.1% | - | - | - |
| % EBITDA Margin | 8.5% | 21.1% | - | - | - |
| NET Income (USD) | 1,309,000 | 25,124,000 | - | - | - |
| % Net Margin | 2.1% | 23.4% | - | - | - |
Open Solutions - 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 | Open Solutions | - | ||||||||
| Public to Private | Completed | Open Solutions | - |
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Open Solutions - employee data
Open Solutions - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board member, Lead Director | BM |
BM Board Member
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