TeleBright Software Corporation
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
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
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
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%
Funding
About
About
TeleBright Software Corporation is a private software company specializing in centralized expense and asset management solutions for telecommunications, IT, and energy sectors. Its cloud-based platform, ManageRight, streamlines the management of telecom infrastructure by integrating services such as asset and inventory tracking, billing analysis, procurement, and regulatory compliance. Serving both commercial enterprises and government agencies, TeleBright's solutions aim to enhance operational efficiency and reduce costs. Product Breakdown TeleBright's core offering, ManageRight, provides a comprehensive suite of tools for managing the lifecycle of telecom and IT assets. The platform includes modules for asset and service inventory, bill processing and payments, procurement, and energy efficiency assessments. It features a mobile procurement portal that enforces company mobile policies during employee purchases, and supports integration with enterprise systems like IBM Maximo and ERP platforms. Additional services include telecom line testing to identify unused services, professional audit services for billing optimization, and support for mobile device management. These solutions are designed to deliver cost savings and improve resource management for clients.
Keywords
Keywords
Classified
Private