Securus Contact Systems LLC

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Securus Contact Systems LLC - overview

Established

2012

Location

Happy Valley, OR, US

Primary Industry

Telecoms

About

Securus Contact Systems LLC provides comprehensive live answering and live chat services, enhancing customer engagement and communication for businesses across various sectors. Securus Contact Systems LLC, founded in 2012 and headquartered in Happy Valley, US, specializes in live answering and chat solutions for businesses. The firm has not undergone significant pivots or changes in strategy since its inception. It has completed a total of 3 deals, with the most recent deal occurring on September 14, 2021.


The company was acquired by Signpost, Inc. in November 2021, which will help scale its cash flow and create tailored solutions for small- and medium-sized home service businesses. Securus Contact Systems specializes in providing a comprehensive suite of live answering and live chat services designed to enhance customer engagement and improve business communication across various sectors. Their core offerings include a 24/7 live receptionist service and a 24/7 live chat service, both tailored to meet the specific needs of businesses of all sizes.


These services are powered by advanced scripting and customization tools that allow receptionists to deliver personalized customer interactions, ensuring each call and chat is handled according to the established protocols of the client's business. By offering real-time communication solutions, Securus aims to resolve customer inquiries, facilitate appointment scheduling, and improve lead generation for its clients. The company serves a diverse client base across multiple industries throughout the United States and Canada, ensuring that businesses can maintain a professional presence regardless of their geographical location. Securus Contact Systems operates on a subscription-based revenue model, where clients pay for access to live answering and chat services according to their chosen service plan.


The company's transactions typically involve service agreements that outline the specific features and levels of service the client will receive, including customized call handling and message delivery options. Clients may choose from various pricing tiers that correspond to the volume of calls and chats handled, as well as the complexity of the services required. Revenue is generated through direct contracts with businesses, which may include both B2B engagements and partnerships. The combination of these service offerings positions Securus as a valuable resource for companies looking to enhance customer service capabilities without incurring the costs associated with full-time staff.


Following the acquisition by Signpost, Inc. on September 14, 2021, Securus Contact Systems plans to expand its service offerings and enhance its technology stack to better serve small- and medium-sized home service businesses. The rationale for this acquisition is to scale cash flow and develop solutions tailored to the specific needs of these businesses. Securus aims to explore opportunities for growth in new geographic markets across the United States and Canada, potentially launching new products designed to further streamline customer communication by early 2023.


Current Investors

Signpost, Inc.

Primary Industry

Telecoms

Sub Industries

BPO Services, Internet, Information Services

Website

www.securuscontactsystems.com

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Securus Contact Systems LLC - 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)
Trade SaleCompletedSecurus Contact Systems LLC-
BuyoutCompletedSecurus Contact Systems LLC-

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