Tech 2000 Inc.
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Tech 2000 Inc. - overview
Established
1991
Location
Erie, PA, US
Primary Industry
Education/Training
About
Tech 2000 Inc. is a prominent provider of custom learning and development solutions, focusing on enhancing employee education and boosting organizational performance through tailored training programs. Founded in 1991 in Erie, US, Tech 2000 Inc. specializes in creating customized learning solutions for businesses.
In September 2013, the company was acquired by Opus8, although the financial details of the deal remain undisclosed. The founder's history and previous ventures are not available. Tech 2000 Inc. offers a range of learning and development solutions designed to improve employee education and organizational performance.
Their services include instructional design, eLearning module development, and comprehensive training programs that enhance learning retention and application. By employing scientific principles of learning comprehension, the company tailors these programs to meet the unique needs of various sectors, serving clients from Fortune 500 companies to educational institutions across North America and Europe. Tech 2000 aims to effectively address challenges such as employee engagement and skill gaps through memorable learning experiences. Tech 2000 Inc.
generates revenue through partnerships with clients seeking customized training solutions. Transactions typically involve upfront fees for program development and ongoing fees for training delivery. This B2B model supports long-term client relationships, enabling repeat engagements for various training initiatives. Pricing structures for their services are based on the complexity and scope of the training, with flagship offerings including comprehensive onboarding programs and off-the-shelf technical training courses.
Following the acquisition by Opus8, Tech 2000 Inc. is focusing on expanding its product offerings and geographic reach. The company plans to design and launch new training programs by mid-2024, targeting markets in Asia and South America for expansion. Recent funding will be utilized to support these initiatives, including enhancing their technological infrastructure and increasing marketing efforts to attract new clients.
The strategic move aims to solidify their presence in these emerging markets.
Current Investors
Opus8
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Education & Training Services, Education & Training Software
Website
www.t2000inc.com
Verticals
EdTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Tech 2000 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 | Tech 2000 Inc. | - |
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