Carbide CEO Darren Gallup discusses the sale of his previous software company, Marcato, explaining why specific transaction numbers remained confidential under the private equity roll-up terms.
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“It was a PE roll-up company that bought another company, and then they had some big PE money rolled into it, and they rolled up eight companies, and there was some pretty strict terms around disclosure of deal terms you know, associated with that”
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Opinion
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Insight
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Disclosure
Carbide's Customer Contracts Range From $7,500 to $30,000 Annually
“Yeah, it ranges anywhere from 7500 to about 30,000 dollars. We do have an enterprise grade package that can climb north of that substantially, but we're still working primarily with SMDs.”
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AssertionNot checkable as stated
Marcato Was Profitable With $2M ARR and 14 Employees When Sold
“Yeah, it was a profitable company at two, at a little over two million dollars in an ARR. A small team, like there's 14 people. We had like 300 events around the world that use some form of the platform and we sold that in 2018.”
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