ProSource Group
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ProSource Group - overview
Location
Elk Grove Village, IL, US
Primary Industry
Outsourcing
About
ProSource Group is a software solutions provider focused on enhancing operational efficiency and customer engagement for mid to large-sized enterprises across various sectors. ProSource Group specializes in advanced software solutions that facilitate data management and analytics. The company was acquired in May 2006 by Suzo Happ Group, a portfolio of Pfingsten Partners. Headquartered in Elk Grove Village, US, the company has a singular deal recorded.
The company offers a range of innovative products designed to address specific industry needs, focusing on enhancing operational efficiency and customer engagement. Their core offerings include advanced software solutions that facilitate data management and analytics, enabling businesses to streamline processes and make informed decisions. These products serve a diverse client base, including mid to large-sized enterprises in sectors such as finance, healthcare, and retail. The end users benefit from improved performance metrics and the ability to leverage real-time insights for strategic planning.
The company has successfully penetrated markets in North America, Europe, and Asia-Pacific, reflecting a global commitment to delivering high-quality solutions that cater to the unique demands of various industries. The company's revenue generation model is primarily structured around subscription-based services and direct sales of proprietary software solutions. Clients typically engage in annual licensing agreements or monthly subscriptions, which grant access to the software along with ongoing support and updates. In addition to subscriptions, the company may establish partnerships with industry-specific stakeholders to enhance service offerings and expand market reach.
Flagship products, characterized by their advanced features and user-friendly interfaces, play a significant role in driving revenue. These products are tailored to meet client needs, ensuring that the pricing structure aligns with the value delivered, thereby fostering long-term client relationships and sustained revenue growth. ProSource Group aims to introduce new products designed to meet evolving industry standards, although specific release dates have not been disclosed. The company plans to expand its footprint into emerging markets in Asia-Pacific and Europe targeted for 2024.
The previous deal in May 2006 has positioned the company strategically for this expansion, and the revenue generated from current offerings will support these initiatives.
Current Investors
SuzoHapp Gaming Solutions, Inc.
Primary Industry
Outsourcing
Sub Industries
Human Resources Services
Website
www.prosourcegroup.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ProSource Group - 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 | ProSource Group | - |
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