Smart Systems
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Smart Systems - overview
Established
2001
Location
Watford, hertfordshire, UK
Primary Industry
Software
About
Smart Systems provides innovative online pricing software specifically designed for the kitchens, bathrooms, and bedrooms (kbb) sector, enhancing operational efficiency for its clients. Smart Systems, founded in 2001 by Pranjal Dutta and Shay Perry, is located in Watford, UK. The company specializes in providing software solutions for the kbb industry, including electronic ordering and business management tools. In 2017, Smart Systems was acquired by SHD AG, a subsidiary of Elvaston Capital Management, for undisclosed financial terms.
The company has completed one notable deal as of June 1, 2017. KBBConnect, a division of Smart Systems, specializes in online pricing software tailored for the kitchens, bathrooms, and bedrooms (kbb) industry. Their product suite includes electronic ordering systems, CRM tools, and comprehensive business management solutions. These tools facilitate accurate pricing and ordering from any location while effectively managing customer relations and workforce allocations.
KBBConnect serves a diverse clientele, including retailers and manufacturers, and has continually evolved its offerings since 1999, aiming to enhance customer experience across the UK and Europe. KBBConnect generates revenue through a structured transaction model that primarily involves subscriptions and business partnerships. Clients engage with KBBConnect’s solutions via subscription plans, providing access to its full suite of tools that improve operational efficiency and profitability. The specific pricing details for KBBConnect’s services are not disclosed, but the company focuses on delivering high-value software solutions that meet the kbb industry’s needs.
Future growth plans for Smart Systems include the development of new products aimed at enhancing their software capabilities, though specific launch dates have not been disclosed. The company aims to expand its market presence beyond the UK into additional European territories, targeting new client segments by 2025. Recent funding from the acquisition by SHD AG will support these initiatives, enabling Smart Systems to innovate and enhance its product offerings while expanding its market reach.
Current Investors
Elvaston Capital Management
Primary Industry
Software
Sub Industries
Customer Relationship Management, Systems Management Software
Website
http://www.smart-systems.co.uk
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Smart Systems - 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 | Smart Systems | - |
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Smart Systems - employee data
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