Vitalyst, LLC
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Vitalyst, LLC - overview
Established
1992
Location
-, PA, US
Primary Industry
Business Support Services
About
Vitalyst, LLC specializes in providing software solutions that enhance operational efficiency and productivity for businesses, focusing on project management and adaptive learning platforms that support remote and hybrid work environments. Founded in 1992 in the US, Vitalyst, LLC offers software solutions aimed at improving organizational productivity. The company was acquired by Alithya Group Inc. in February 2022 for CAD 56.
6 million. Barry ODonnell serves as CEO. Vitalyst, LLC provides innovative software solutions designed to enhance operational efficiency and drive productivity across various sectors. Their flagship product, launched in early 2021, is a comprehensive project management tool that offers task assignment, progress tracking, and team collaboration features, catering primarily to mid-sized enterprises.
Additionally, the company offers customizable consulting services, allowing clients to optimize their software usage and extend their reach into North America, Europe, and Asia-Pacific. Vitalyst's revenue model revolves around subscription-based services with tiered pricing plans tailored to clients' needs. Clients commit to annual or monthly billing cycles, ensuring ongoing access to software updates and support. Strategic partnerships also contribute to revenue generation through joint marketing initiatives, fostering long-term relationships with clients who rely on the company’s solutions for their business objectives.
Vitalyst plans to leverage its recent acquisition by Alithya Group Inc. to enter the enterprise learning market and capitalize on the shift to remote work with its Adaptive Learning™ platform. Recent funding from the acquisition will support expanding its product offerings and enhancing its subscription-based revenue streams. The company aims to broaden its market presence in North America, Europe, and Asia-Pacific in the near future.
Current Investors
Industrial Alliance and Financial Services Inc., Fonds de Solidarité des Travailleurs du Québec
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Public Relations & Communications, Information Services
Website
www.vitalyst.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Vitalyst, LLC - 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 | Vitalyst, LLC | - | ||||||||
| Secondary Buyout | Completed | Vitalyst, LLC | - | ||||||||
| Buyout | Completed | Vitalyst, LLC | - |
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