UnionWare

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UnionWare - overview

Established

1994

Location

Winnipeg, MB, Canada

Primary Industry

Software

About

UnionWare provides specialized software solutions for union management, focusing on centralizing membership information and enhancing operational efficiency through its comprehensive UnionWare Core platform. UnionWare, founded in 1994 in Winnipeg, Canada, specializes in software solutions for union management. The company was acquired by Togetherwork Holdings, LLC, a portfolio company of GI Partners, in April 2019. The founder's detailed history is not provided, and there are no mentions of any subsidiaries or previous pivots in business strategy.


UnionWare specializes in comprehensive software solutions tailored specifically for union management. At the core of its offerings is the UnionWare Core platform, designed to centralize membership data, streamline operations, and enhance member engagement. Key functionalities include a Finance module that simplifies dues processing, tracks member transactions for accuracy and transparency, and integrates with UPay, which allows for secure online payment acceptance. Additional features include modules for grievance tracking, organizing, and event planning, ensuring that unions can adapt to their evolving needs.


UnionWare serves a diverse client base, including labor organizations such as IATSE and SEIU, primarily across North America, although their services may extend to other regions where unions operate. UnionWare's revenue model primarily revolves around subscription-based services, where unions pay to access and utilize the company's software solutions. Clients engage with UnionWare through a structured transactional framework that includes enterprise-level subscriptions for their core offerings and additional fees for optional modules and services. The pricing structure typically reflects the complexity and scale of the services required, with clients investing in customized solutions that align with their operational demands.


Revenue is generated from both new client acquisitions and ongoing support agreements, ensuring a steady flow of income as unions rely on UnionWare for their day-to-day management and operational efficiency. UnionWare is focusing on expanding its product offerings and market reach. Although specific upcoming products and release dates are not mentioned, the company aims to enhance its existing platform's capabilities. Expansion plans include targeting additional regions in North America and potentially other markets by introducing tailored solutions suited for local union needs.


The acquisition by Togetherwork Holdings, LLC in April 2019 is expected to support these initiatives, although specific details on how funding will be allocated are not disclosed.


Current Investors

Togetherwork Holdings, LLC

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Storage Management Software

Website

www.unionware.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

UnionWare - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedUnionWare-

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UnionWare - employee data

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