ProfitOptics, Inc
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ProfitOptics, Inc - overview
Established
2008
Location
Richmond, VA, US
Primary Industry
Software
About
Based in Virginia, US, and founded its CEO Tony Pericle in 2008, ProfitOptics, Inc is an IT consulting and technology services company. In April 2022, the firm was acquired by Renovus Capital Partners, a Philadelphia-based investment firm. As of August 2022, the company has a team of over 120 professionals and the industries they are forking for are Distribution (HAVAC, Medical surgical, construction tools, etc), Finance (Real estate, healthcare Analytics, etc), Manufacturing (Medical, Packaged goods, prosthetics, etc) and Logistics. The firm uses its proprietary software and custom product development capabilities, developing more than 50 data intelligence custom software tools, websites, and mobile apps as of August 2022, that allow decision makers to unlock insights, make decisions and achieve their business and profit targets.
The firm’s main offerings include Prescriptive Analytics, Workflow Automation/ Digital Transformation, Profit Optimization, and enterprise application development which are being developed by a team of business analysts, software developers, and data architects. The company’s products can be rapidly deployed, easily integrated, and iteratively scaled as per the client's needs. Some of the clients ProfitOptics are Acertus, Apple Hospitality REIT, AverHealth, Brasse USA, etc. The acquisition will support ProfitOptics to accelerate its growth by developing new technological solutions and expanding its regional footprint.
Current Investors
Renovus Capital
Primary Industry
Software
Sub Industries
Consulting Services, Web Development, Web Applications, Analytics & Performance Software, Application Integration Software
Website
www.profitoptics.com
Verticals
Cloud Computing, IoT (Internet of Things), Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
ProfitOptics, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | ProfitOptics, Inc | - |
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