Teracai
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Teracai - overview
Established
2009
Location
Syracuse, NY, US
Primary Industry
Outsourcing
About
Teracai is a provider of enterprise and security technology solutions, focusing on network infrastructure, data center technologies, and security services to enhance operational efficiency for businesses. Founded in 2009 in Syracuse, US, Teracai specializes in technology solutions for enterprises. In August 2016, H. I.
G. Capital acquired a majority stake in Teracai for an undisclosed amount. The company has maintained its focus on delivering tailored technology solutions without significant changes to its operations. The CEO, Peter Belyea, leads the firm in navigating its market strategy.
Teracai is a leading provider of enterprise and security technology solutions, specializing in network infrastructure, data center technologies, and comprehensive security services. Their core offerings include customized networking solutions leveraging Cisco technologies, Arista-powered infrastructure for AI readiness, and lifecycle management services aimed at optimizing technology investments. These products address critical challenges in network stability, scalability, and security, essential for modern enterprises across various sectors, primarily serving clients in the Northeast and extending their solutions to other geographical markets. Teracai generates revenue through a structured model emphasizing B2B partnerships and direct sales to enterprises.
Transactions generally involve tailored service agreements where clients engage the firm for specific technology solutions, support, and ongoing maintenance. Revenue streams include subscription-based services for ongoing support, project-based contracts for installation and configuration of networking systems, as well as sales of flagship security solutions designed to protect client networks from cyber threats. This pricing strategy reflects the specialized nature of the technology and services provided, allowing clients to invest in partnerships that enhance their operational efficiency and technological capabilities. Teracai is focused on developing new products and expanding its market presence.
The company aims to enhance its offerings with new technology solutions scheduled for release in the coming years. Plans are in place to expand into additional geographical regions, targeting key markets by 2025. The funding acquired through the majority stake purchase by H. I.
G. Capital will be utilized to support these initiatives, ensuring that Teracai can effectively execute its growth strategy.
Current Investors
H.I.G. Capital
Primary Industry
Outsourcing
Sub Industries
Offshore IT Services/IT Outsourcing, Storage Management Software, Information Services
Website
www.teracai.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Teracai - 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 | Teracai | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.