Tidel Engineering L.P.
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.
Tidel Engineering L.P. - overview
Established
1978
Location
Carrollton, TX, US
Primary Industry
Consumer Products
About
Tidel Engineering L. P. specializes in cash management solutions, offering a suite of innovative products designed to enhance the efficiency and security of cash handling operations in various sectors. Founded in 1978 in Carrollton, US, Tidel Engineering L.
P. is a provider of cash management solutions. The company was acquired by Sesami Cash Management Technologies Corporation in February 2022, allowing it to grow and expand its sales staff while entering the cash recycling sector. Darren Taylor serves as President and Chief Executive Officer.
Tidel Engineering L. P. provides intelligent cash management solutions, including the Sesami Enterprise Software (SES), which integrates with various cash management technologies. They offer intelligent devices such as smart safes and cash recyclers, tailored for retail and financial institutions, addressing efficiency and security in cash operations.
Tidel's revenue model involves subscription services, managed services, and the sale of intelligent devices through B2B partnerships. Their pricing structure includes setup fees, recurring subscription costs, and service charges for ongoing support, generating a sustainable revenue stream from flagship products like the Sesami Enterprise Software. Following the acquisition in February 2022, Tidel Engineering L. P.
aims to develop new products and expand its footprint in the cash recycling sector. The company plans to enhance its sales team and introduce a comprehensive range of cash ecosystem management services, leveraging recent funding to support these initiatives.
Current Investors
BC Partners, GardaWorld, Sesami Cash Management Technologies Corporation
Primary Industry
Consumer Products
Sub Industries
Security Services, Consumer Electronics
Website
www.tidel.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Tidel Engineering L.P. - 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, Trade Sale | Completed | Tidel Engineering L.P. | - | ||||||||
| Secondary Buyout | Completed | Tidel Engineering L.P. | - | ||||||||
| Secondary Buyout | Completed | Tidel Engineering L.P. | - | ||||||||
| Buyout | Completed | Tidel Engineering L.P. | - |
Displaying 1 - 4 of 4
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.