Clarity Software Solutions, Inc.

Madison, CT

About Clarity Software Solutions, Inc.

Company overview

Clarity Software Solutions, Inc. is a company that provides technology solutions designed to streamline and enhance administrative processes for businesses across various industries. The company specializes in offering a comprehensive suite of software products and services that focus on document management, workflow automation, and data-driven insights. With a commitment to efficiency, innovation, and customer satisfaction, Clarity Software Solutions empowers organizations to optimize their operations, improve communication, and make informed decisions, ultimately driving growth and success. Product Breakdown: Document Management Solutions: Clarity Software Solutions provides document management platforms that enable organizations to digitize, store, organize, and access their documents securely. These solutions enhance document retrieval, version control, and collaboration among teams. Workflow Automation: The company offers workflow automation tools designed to streamline and optimize business processes. Automation reduces manual tasks, accelerates approvals, and ensures consistent and efficient task execution. Customer Communication Management (CCM): Clarity's CCM solutions enable businesses to create, manage, and deliver personalized and targeted communications to customers. This includes invoices, statements, marketing materials, and other customer-facing documents. Business Intelligence and Analytics: The company provides tools for data analysis and visualization, allowing organizations to gain insights from their data. These insights drive informed decision-making and strategic planning. E-Forms and Data Capture: Clarity Software Solutions offers electronic forms and data capture solutions that digitize paper-based processes. This enhances data accuracy, reduces manual data entry, and speeds up information collection. Integration Services: The company's integration services connect various software systems and platforms, ensuring seamless data flow and communication between different parts of an organization's IT infrastructure. Healthcare Solutions: Clarity serves the healthcare industry with solutions for medical billing, claims processing, and electronic health records management, helping healthcare providers streamline administrative tasks and improve patient care.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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