Silverchair Science + Communications, LLC

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Silverchair Science + Communications, LLC - overview

Established

1993

Location

Charlottesville, VA, US

Primary Industry

Media

About

Silverchair Science + Communications, LLC is a US-based company that provides a digital platform for scholarly and professional publishers, supporting the research lifecycle through innovative tools and services. Founded in 1993 and headquartered in Charlottesville, Virginia, Silverchair Science + Communications focuses on enhancing the operational efficiency of academic and professional publishers. The company has successfully executed two investment deals, with the most recent occurring on August 11, 2022. Dustin Smith founded the company, which operates without any known subsidiaries or parent companies.


Currently, Thane Kerner and Will Schweitzer serve as the company's CEOs. Silverchair offers a comprehensive digital platform tailored for scholarly and professional publishers, addressing the entire research lifecycle from concept to impact. Key features include tools for manuscript submission, peer review, hosting, dissemination, and impact measurement. The platform serves a diverse range of clients, including academic publishers and professional organizations, across North America, Europe, and Asia-Pacific, positioning Silverchair as a strategic partner that provides high-touch product strategy and development services.


Silverchair generates revenue through a subscription-based model that includes annual licensing fees for access to its suite of products, such as ScholarOne Manuscripts and Sensus Impact. The company partners with scholarly publishers to tailor its services to specific client needs, ensuring both B2B transactions and direct engagements. The emphasis is on the value of technology and support services, fostering long-term relationships while maintaining a consistent revenue stream. In August 2022, Thompson Street Capital Partners invested in Silverchair Science + Communications, enabling the company to accelerate growth and further support its customers' missions.


Future initiatives include the development of new products aimed at enhancing user experience and operational efficiency for publishers. Silverchair plans to expand its market reach into additional regions, focusing on continued growth in North America, Europe, and Asia-Pacific. The recent investment will be instrumental in facilitating these efforts.


Current Investors

Thompson Street Capital Partners

Primary Industry

Media

Sub Industries

Literary Publishing, Digital Media

Website

www.silverchair.com

Verticals

Artificial Intelligence

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Silverchair Science + Communications, 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-on, Trade SaleCompletedScholarOne-
GrowthCompletedSilverchair Science + Communications, LLC-
Corporate Carve OutCompletedSilverchair Information Systems-
Private DebtCompletedSilverchair Science + Communications, LLC-

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