Pivot3, Inc.
Classification
Private
About
About
Pivot3 Inc. is a privately-held, venture capital backed company that develops and provides high-capacity RAID data storage solutions for data protection, network attached storage and video surveillance applications in the government, public sector, transportation, gaming, retail and education vertical markets. Pivot3 offers its flagship Serverless Computing architecture that deploys physical servers in place of virtual servers to save on acquisition costs, power and cooling budgets and long-term support needs. Pivot3, Inc. was founded in 2003 by Bill Galloway, Lee Caswell, and Ryan Callison. Pivot3 is based in Spring, Texas.
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
Keywords
Keywords
Classified
Private