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Purple Strategies, LLC

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Year established

2009

Location

Alexandria VA US

Primary Industry

Business Support Services

About

Based in Virginia, US, and founded in 2009, Purple Strategies, LLC operates as a reputation management company that solves various corporate challenges for different companies, including BP, McDonald’s, Abbott, and more. The company was founded by its CEO Steve McMahon, and Alex Castellanos. In August 2022, WestView Capital Partners recapitalized a majority stake in Purple Strategies. Purple Strategies provides Purple Ascendancy, a program that offers various strategic options for developing the organization into a future-focused reputation management company. The services offered by the company include strategic services; advisory services; crisis management and rebuilding; stakeholder management; advertising; political and campaign strategy services; and more. The company’s client base includes oil and gas, pharmaceutical, food, beverage, industrial, and defense sectors. Following the August 2022 recapitalization, the company plans to accelerate its impressive performance.
Current Investors
WestView Capital Partners

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Primary Industry
Business Support Services
Sub Industries
Consulting Services, Market Research & Consulting
Website
www.purplestrategies.com
Verticals
AdTech
Company Stage
Mature
Total Amount Raised
Subscriber access only

Deals

Deals Type
Recapitalisation
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)
Completed Purple Strategies, LLC 25 Aug 2022
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