Technology Solutions Group, Inc.
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Technology Solutions Group, Inc. - overview
Established
1999
Location
Kansas City, MO, US
Primary Industry
Business Support Services
About
Technology Solutions Group, Inc. specializes in providing integrated technology solutions that enhance business communication and collaboration through advanced audiovisual systems and remote technology management services. Founded in 1999 and headquartered in Kansas City, US, Technology Solutions Group, Inc. focuses on delivering technology solutions for optimized communication.
In June 2017, the company was acquired by SKC Communication Products, LLC, a portfolio company of McCarthy Capital, from TeleTech Holdings, Inc. Technology Solutions Group, Inc. delivers a suite of integrated technology solutions, including audiovisual systems, video conferencing, and remote technology management via the proprietary AVI-SPL Symphony platform. These services cater to various sectors such as corporate, education, healthcare, and government, with a client base across the US and international markets.
The company employs certified solutions architects and service support technicians to provide customized solutions that meet diverse operational needs. The revenue model of Technology Solutions Group, Inc. is based on B2B engagements, providing services and products through direct transactions with clients. These transactions may involve service agreements that include system installations and ongoing technology management, utilizing AVI-SPL’s support infrastructure.
Various pricing strategies are employed, including subscription-based models and one-off project fees. The AVI-SPL Symphony platform is a key revenue driver, ensuring a steady income stream and fostering long-term client relationships. Following the acquisition in June 2017, Technology Solutions Group, Inc. aims to expand its product line and enhance service offerings within the technology management sector.
The company is also targeting expansion into new geographic markets, with specific plans to enter additional regions within the United States and possibly internationally by 2025. Recent funding from the acquisition will be utilized to support product development initiatives and market expansion strategies.
Current Investors
SKC Communication Products
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Telecoms Providers & Services
Website
www.skccom.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Technology Solutions Group, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Technology Solutions Group, Inc. | - |
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