Vencore, Inc.

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Vencore, Inc. - overview

Established

1972

Location

Chantilly, VA, US

Primary Industry

Defence

About

Vencore, Inc. is a technology firm specializing in advanced software solutions that enhance operational efficiency across various sectors, including healthcare and finance. The company focuses on providing innovative tools for workflow management and data analysis. Founded in 1972 and headquartered in Chantilly, US, Vencore, Inc.


specializes in technology solutions serving various industries. The company underwent a significant change when it merged with KeyPoint Government Solutions, Inc. in June 2018 to form Perspecta Inc. , which is traded on the New York Stock Exchange.


The merger was facilitated by Veritas Capital, with a transaction amount of USD 815. 00 mn finalized on October 11, 2017. Vencore has engaged in a total of 3 deals throughout its operational history. Vencore specializes in innovative technology solutions designed to enhance operational efficiency across various industries.


Its core offerings include software applications that streamline workflow management and improve data analysis capabilities. These products cater to a diverse clientele, ranging from small businesses to large enterprises, with use cases focusing on optimizing resource allocation and facilitating real-time decision-making processes. The company has successfully positioned its products in key geographical markets, including North America and Europe, serving sectors such as healthcare, finance, and logistics. Users have provided positive feedback regarding the user-friendly interfaces and robust functionality of these applications.


The revenue model of Vencore is primarily structured around subscription-based services, allowing clients to access its software solutions on a recurring basis. Clients typically enter annual contracts that provide ongoing updates and dedicated support. Fees are predetermined based on the chosen subscription tier, which varies according to the number of users or the level of service required. The firm also offers partnership opportunities, enabling businesses to integrate its solutions into their systems, thereby enhancing the overall value proposition.


The revenue generated from these strategic arrangements significantly contributes to the company's financial performance. Vencore has plans to expand its product offerings and enter new markets, particularly targeting healthcare and finance sectors in emerging markets by 2025. The recent funding from Veritas Capital will support these initiatives, enabling the development of new software applications aimed at enhancing operational efficiency. Furthermore, the company's merger with KeyPoint Government Solutions, Inc.


aims to leverage combined resources and expertise to improve service delivery and reach a broader client base.


Current Investors

Perspecta Inc.

Primary Industry

Defence

Sub Industries

Engineering, Defence

Website

www.vencore.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

Vencore, Inc. - 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-on, Trade SaleCompletedPerspecta Inc.-
Private Placement/Follow onCompletedPerspecta Inc.-
IPOCompletedPerspecta Inc.-
MergerCompletedKeyPoint Government Solutions, Inc., Vencore, Inc.-
Private DebtCompletedVencore, Inc.-

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