The PTR Group, Inc.

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The PTR Group, Inc. - overview

Established

2000

Location

Herndon, VA, US

Primary Industry

Software

About

The PTR Group, Inc. provides innovative technology solutions focused on enhancing operational efficiency through advanced data analytics tools and cloud-based software applications for businesses. Founded in 2000 and headquartered in Herndon, US, The PTR Group, Inc. specializes in technology solutions that improve operational workflows.


The company has undergone strategic pivots to enhance its offerings since inception. In February 2018, The PTR Group was acquired by Fulcrum IT Services, LLC, a portfolio company of Boyne Capital Partners and Grindstone Partners. The details of the financial terms for the acquisition were not disclosed. The PTR Group specializes in delivering innovative technology solutions aimed at enhancing operational efficiency for businesses.


Their core offerings include advanced data analytics tools and cloud-based software applications designed to streamline workflows, optimize resource allocation, and improve decision-making processes. These products serve a diverse clientele, including medium to large enterprises across various sectors such as finance, healthcare, and logistics. The company’s solutions enable clients to harness the power of data, facilitating better insights and more strategic planning. Geographically, PTR Group distributes its products primarily in North America and Europe, ensuring they cater to the specific needs of businesses operating in these markets.


The PTR Group generates revenue through a combination of subscription-based models and direct sales of its software products to clients. The transaction structure typically involves annual subscriptions for access to their software suite, which includes regular updates and customer support. Companies utilizing The PTR Group's services engage in direct transactions that allow them to integrate the software into their existing operations seamlessly. Specific pricing plans for these subscriptions align with the scale and complexity of the services required, reflecting the tailored solutions offered to each client.


By focusing on long-term partnerships, The PTR Group builds sustainable revenue streams while providing ongoing value to its customer base. In the upcoming years, The PTR Group is actively working on the development of new software applications tailored for specific industry needs, with several expected launches by the end of 2023. The company is also planning to expand its market presence into Asia, targeting key markets such as Japan and South Korea by 2024. The acquisition by Fulcrum IT Services, LLC in February 2018 will facilitate these growth initiatives, providing additional resources to support the development of their innovative solutions.


Current Investors

Fulcrum IT Services, LLC

Primary Industry

Software

Sub Industries

Engineering Software

Website

www.theptrgroup.com

Verticals

Research (Non-Medical)

Company Stage

Add-on

Total Amount Raised

Subscriber access only

The PTR Group, 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-onCompletedThe PTR Group, Inc.-

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