TEK Connexion
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TEK Connexion - overview
Established
2008
Location
Naperville, IL, US
Primary Industry
Outsourcing
About
TEK Connexion, based in the US, specializes in IT staffing and solutions, delivering tailored resources for critical technology projects and enhancing operational efficiency through skilled placements. Founded in 2008 and headquartered in Naperville, US, TEK Connexion operates in IT staffing and solutions. It was acquired by CSI IT LLC in February 2021, which expanded its technical expertise and consulting services. TEK Connexion specializes in IT staffing and solutions, providing contract staffing resources tailored to meet the dynamic project needs of organizations during critical technology initiatives.
Their core offerings include application development and project management services to enhance operational efficiency for clients in technology, finance, healthcare, and telecommunications, primarily across North America, Europe, and parts of Asia. TEK Connexion operates on a B2B model, generating revenue through contractual agreements for staffing and IT solutions. Their pricing structure includes hourly rates for contract staffing and fixed fees for project management services, reliant on successful placements and project deployments, supporting ongoing business with satisfied clients. Following the acquisition by CSI IT LLC on February 11, 2021, TEK Connexion aims to leverage additional technical expertise to design and launch new products.
They plan to expand into new markets, targeting specific sectors in North America and Europe by the end of 2023, with funding from the acquisition supporting these initiatives.
Current Investors
CSI IT LLC
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Recruitment/Executive Search, Offshore IT Services/IT Outsourcing
Website
www.tek-connexion.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
TEK Connexion - 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 | TEK Connexion | - |
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