SumTotal Systems LLC

Gainesville, FL

About SumTotal Systems LLC

Company overview

SumTotal Systems LLC is a provider of comprehensive human capital management (HCM) solutions designed to empower organizations in optimizing their workforce, enhancing employee performance, and driving overall business success. With a commitment to delivering innovative and integrated HCM technology, SumTotal Systems caters to the evolving needs of modern businesses by offering a suite of solutions that cover various aspects of talent management, learning, and workforce optimization. Product Breakdown: Talent Management: SumTotal Systems' Talent Management solution encompasses a range of modules designed to streamline key HR processes. This includes features for performance management, compensation management, succession planning, and workforce planning. The platform facilitates the alignment of organizational goals with employee performance and development. Learning Management System (LMS): The Learning Management System provided by SumTotal Systems is a robust platform that enables organizations to create, deliver, and track training and development programs. It includes features such as content creation, certification tracking, and social learning capabilities to foster continuous employee learning and skill development. Workforce Management: SumTotal Systems addresses workforce optimization with a suite of tools that support workforce planning, scheduling, and time and attendance management. These features help organizations manage labor costs, ensure compliance, and enhance overall workforce efficiency. Employee Engagement and Analytics: The company offers solutions to measure and improve employee engagement. These tools often include surveys, feedback mechanisms, and analytics to provide insights into employee satisfaction and identify areas for improvement. Analytics tools also help organizations make data-driven decisions related to their workforce. Mobile Learning and Accessibility: Recognizing the importance of flexibility and accessibility, SumTotal Systems provides mobile learning solutions. This allows employees to access training materials and development resources on-the-go, fostering a culture of continuous learning and development. Integration and Data Management: SumTotal Systems emphasizes seamless integration with other HR systems and enterprise software. This includes integration with payroll systems, ERP solutions, and other critical business applications. Additionally, the platform provides robust data management capabilities, ensuring the accuracy and security of HR-related information.

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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