The Outsource Group
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The Outsource Group - overview
Established
1996
Location
St. Louis, MO, US
Primary Industry
Financial Services
About
The Outsource Group provides specialized outsourcing solutions focused on enhancing operational efficiency and improving user experiences across various sectors, including finance, healthcare, and retail. Founded in 1996 in St. Louis, US, The Outsource Group specializes in outsourcing solutions. The company was founded by Nancy Al Qurashi.
In June 2013, ClearLight Partners announced plans to sell The Outsource Group to Parallon, with the exit completed in July 2013. The Outsource Group's core product offerings include a suite of innovative software solutions designed for efficiency and user experience in sectors such as finance, healthcare, and retail. These high-quality products cater to both small and medium-sized enterprises as well as large corporations, strategically positioned to serve key markets in North America, Europe, and Asia-Pacific. The company's revenue model is based on subscription services and direct sales to consumers and businesses.
Clients typically engage through annual subscription plans for flagship software solutions, ensuring continuous updates and support. Additional partnerships with retailers and wholesalers expand their marketplace reach through bundled offerings, designed with tiered pricing structures tailored to diverse customer segments. Future growth initiatives include the launch of new products scheduled for release in the upcoming period. The Outsource Group is actively targeting expansion into new markets, including specific regions in Asia-Pacific, set to commence by the end of 2024.
The funding from the sale to Parallon will be utilized to support these growth initiatives.
Primary Industry
Financial Services
Sub Industries
Financial Services, Dental Products & Services
Website
www.theoutsourcegroup.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
The Outsource Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | The Outsource Group | - | ||||||||
| Add-on | Completed | Medstandard | - | ||||||||
| Recapitalisation | Completed | The Outsource Group | - | ||||||||
| Growth | Completed | The Outsource Group | - |
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