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Triple Point Technology

Private Company Ticker Symbol™: (TRIPPOP)

Business Summary

Triple Point Technology is a privately-held software company that specializes in commodities and risk management software. It has offices located in London, Geneva, South Africa, and the Americas. Triple Point Technology was founded in 1993 and is based in Westport, CT.

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Overview & Corporate Organization

Basic Information

Company Tags:PE Backed
VC Backed
Year Founded:1993
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:Westport
State/Province:Connecticut
Country:United States
Website:www.tpt.com

Corporate Organization

Affiliate Companies:
Brands:
Chartering and VesselOps
Founders:
Peter Armstrong

Industry Information

Industry Codes

PICS™:1501519™, 1501542
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Charts, Financials, and Statistics (Table Format)

Below are Triple Point Technology financials and other business metrics displayed in table format.
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Income Statement201220112010200920082007200620052004
Revenues ViewViewViewViewViewView$27,534,000$20,051,000
EBITDAView        
Employee Figures201220112010200920082007200620052004
Total EmployeesViewViewViewViewViewView   
Productivity (Revenue/Employee) ViewViewViewViewView   
Notes
Financial Notes:
*Triple Point Technology fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Triple Point Technology financials and other business metrics displayed in table format.
(Copy and paste into spreadsheet or export all Triple Point Technology financials to Excel and create your own graphs.)
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Triple Point Technology Revenues ($ MM):
(Displayed as graph)

Sample Graph
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Triple Point Technology Total Employees:
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Sample Graph
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Triple Point Technology Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

Sample Graph
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Mergers & Acquisitions

PrivCo's M&A Activity table for Triple Point Technology displays the mergers and acquisitions involving Triple Point Technology, for example if Triple Point Technology acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsMar. 2002CompletedEnergy CrossroadsTriple Point TechnologyAcquisitionUnspecified
Details2005CompletedTradeWell Systems, Inc.Triple Point TechnologyAcquisitionUnspecified
DetailsAug. 2006CompletedViewViewAcquisition
Leveraged Buyout (LBO)
View
DetailsSep. 2007CompletedViewViewAcquisitionView
DetailsJun. 2008CompletedViewViewAcquisitionView
DetailsJul. 2008CompletedViewViewAcquisitionView
DetailsJan. 2010CompletedViewViewAcquisitionView
DetailsJan. 2010CompletedViewViewAcquisitionView
DetailsNov. 2011CompletedViewViewAcquisitionView
DetailsDec. 2011CompletedView1ViewAcquisition
Leveraged Buyout (LBO)
Majority Acquisition
View
DetailsJan. 2013CompletedView2ViewAcquisitionView
DetailsApr. 2013For SaleView3ViewAcquisitionView
Notes
1Welsh, Carson, Anderson & Stowe...Read More →
2Terms were undisclosed....Read More →
3Triple Point was acquired for...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Triple Point Technology displays the venture capital rounds, angel investments, debt or other funding raised by Triple Point Technology.
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DateInvestorRoundInvestor Type
Aug. 2006ViewAPrivate Equity
DetailsTotal Round A View
Total of Funding Shown Above View

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Detailed Business Description: Triple Point Technology

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Triple Point Technology. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Overview

Triple Point Technology produces software technology specialized for financial institutions that engage in proprietary trading and for large corporations that need to manage risk. The privately-held company serves these businesses with software that maximizes efficiency, performance, and flexibility in operations. Its clients include UBS, Unilever, SAB Miller, Valero, Vale, and Rio Tinto. Founded in 1993 by Peter Armstrong, Triple Point Technology's Commodity XL product line has grown to include over 10 different products.

Costs

Human Capital: Triple Point Technology has a support team that offers 24 hour live support. The support team provides solutions to technological difficulties. Its sales team focuses on establishing relationships with clients, while its professional services team focuses on implementing and integrating products for clients. The team work directly with clients to ensure that Triple Point Technology's products are integrated seamlessly into the… Continue Reading →

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Supplemental Resources

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