Wittenbach Business Systems, Inc.
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Wittenbach Business Systems, Inc. - overview
Established
1974
Location
-, MD, US
Primary Industry
Electronics
About
Wittenbach Business Systems, Inc. is a US-based company specializing in integrated electronic security solutions, providing a comprehensive suite of services to safeguard assets across various industries. Founded in 1974, Wittenbach Business Systems, Inc. operates in the electronic security sector, focusing on video surveillance, access control, and fire protection systems.
The company's CEO is Jim Gaherity. Wittenbach has completed a single funding deal, with the most recent transaction occurring on April 19, 2021. Wittenbach specializes in integrated electronic security solutions, encompassing products and services such as video surveillance, access control, intrusion detection, and fire protection systems. These offerings are designed to secure assets, sensitive information, and personnel across industries like finance, retail, and healthcare.
The company also provides managed services for electronic security systems, ensuring operational efficiency and minimal downtime. Wittenbach caters to a diverse client base, including small businesses and large enterprises, with a significant number of installations throughout the United States. Wittenbach generates revenue through managed services and direct product sales, primarily engaging in B2B transactions. Clients sign service agreements for ongoing support and maintenance of security systems, including monitoring subscriptions and equipment sales partnerships.
The company offers various pricing structures aligning with its core products and services. Key revenue drivers include electronic security systems and cash automation solutions, with income realized through both one-time purchases and long-term service contracts. In April 2021, Wittenbach received an investment from Argosy Private Equity, aimed at fueling the company's growth. Future plans include developing new products and expanding into additional markets.
The details of specific upcoming products and geographical targets have not been disclosed, but the recent funding will support these growth initiatives.
Current Investors
Argosy Private Equity
Primary Industry
Electronics
Sub Industries
Electronics, Monitoring & Security Software, Application Integration Software, Accounting/Finance Software
Website
www.wittenbach.com
Verticals
FinTech, Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Wittenbach Business Systems, Inc. - 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 | Completed | The Gilbertson Group, Inc. | - | ||||||||
| Growth | Completed | Wittenbach Business Systems, Inc. | - |
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