Periscope Holdings, Inc. Asset Profile

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Year established

2001

Location

Austin TX US

Primary Industry

Software

About

Based in Texas, US, and founded in 2001 by John Walters and Brian Utley, Periscope Holdings, Inc. operates as a provider of e-procurement software solutions to various public and private sectors and industries. The company also operates in Utah, US. The firm has 500,000 suppliers across North America and has more than 100,000 government bids each month from 8 states, 100 cities, counties, school districts, port authorities, municipalities, universities, and federal and military agencies. The company acquired BidSync in 2014, and in the same year Parthenon Capital acquired Periscope Holdings, Inc. In August 2021, Periscope Holdings, Inc. entered into a purchase agreement with mdf commerce inc., and as of September 2021, the firm is been led by Brian Utley, as its President and CEO. The firm offers an e-procurement platform that allows government agencies to purchase goods and services, analyze spend, post bids, source contracts, and transact on a public procurement platform. The company's platform also offers email notification that provides daily alerts, key bid information, and direct link to the agency and a search tool that enables users to filter by key attributes and save searches. Following its purchase agreement with mdf commerce inc., Periscope Holdings, Inc. plans to expand its product offerings and the markets into which the firm can deliver its e-procurement solutions.

Current Investors

Parthenon Capital

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Primary Industry

Software

Sub Industries

Consulting Services, Email, Search Engines, Sales & Marketing Software, Content Management Software

Website

www.periscopeholdings.com

Verticals

E-commerce, Mobile Apps

Total Amount Raised

Subscriber access only

Deals

Deals Type
Trade Sale
Recapitalisation
Add-on

Deal Status	Target (s)	Deal Date
Completed	Periscope Holdings, Inc.	11 Aug 2021
Completed	Periscope Holdings, Inc.	08 Dec 2014
Completed	BidSync	08 Dec 2014

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