Polaris Solutions, LLC

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Polaris Solutions, LLC - overview

Established

2008

Location

St. Louis, MO, US

Primary Industry

Software

About

Polaris Solutions, LLC is a software development and IT consulting firm focused on delivering tailored solutions that tackle complex business challenges across diverse industries. Founded in 2008 and headquartered in St. Louis, US, Polaris Solutions specializes in software development and IT consulting. The company was acquired by 3Cloud, LLC, a portfolio company of Gryphon Investors, on October 12, 2021, enhancing its capabilities in application modernization and DevOps.


Polaris Solutions specializes in delivering comprehensive software development and IT consulting services designed to address complex business challenges across various industries. Their core offerings encompass custom application development, cloud solutions, and data analytics, which are meticulously tailored to enhance operational efficiency and drive innovation for their clients. The company primarily serves a diverse clientele, including enterprises in sectors such as finance, healthcare, and retail, providing solutions that streamline processes, optimize resource utilization, and improve decision-making capabilities. Polaris Solutions has strategically expanded its presence in key geographical markets, including North America and Europe, ensuring that their products meet the localized needs of their customers while maintaining high standards of quality and performance.


The revenue structure of Polaris Solutions is built around a combination of project-based engagements and ongoing service agreements, allowing for flexibility in meeting the needs of their clients. Transactions typically occur through B2B partnerships, where enterprises engage the company for bespoke software solutions and consulting services. These engagements are often structured as fixed-price contracts or retainer agreements that secure long-term relationships with clients. Polaris Solutions may also offer tiered pricing plans for their flagship services, ensuring that businesses of varying sizes can access their innovative solutions.


By focusing on delivering high-value offerings, the company cultivates strong partnerships that contribute to a steady revenue stream from both new and returning clients. Following its acquisition by 3Cloud, LLC in October 2021, Polaris Solutions is positioned to enhance its application modernization and DevOps offerings. The integration into 3Cloud's operations aims to expand its reach within the Microsoft Azure services market, reinforcing its standing in the US. The strategic direction emphasizes leveraging the acquisition to develop new products tailored to modern application needs, while also exploring opportunities for market penetration into additional regions.


Current Investors

3Cloud, LLC

Primary Industry

Software

Sub Industries

Consulting Services, Offshore IT Services/IT Outsourcing, Analytics & Performance Software, Application Integration Software

Website

www.polarissolutions.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Polaris Solutions, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPolaris Solutions, LLC-

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Polaris Solutions, LLC - employee data

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