Growth private equity firm TA Associates has announced the formation of a cloud-based platform called Revalize.
The enterprise platform is tailored to the manufacturing industry and includes features for accelerating sales cycles and improving buying experiences, as well as manufacturing-specific design applications and engineering simulations.
Based In Jacksonville Florida, the company will be led by Chairman Mark Friedman, previously founder of facilities management software Accruent, and CEO Jim Contardi, formerly the CEO of AutoQuotes – a company recently acquired by TA Associates.
"We are excited to partner with Jim and Mark as we build Revalize into the leading revenue operations software platform for the manufacturing market," said Hythem El-Nazer, a Managing Director with TA Associates. "The Covid-19 pandemic accelerated the digital-transformation process that was already underway in manufacturing. We believe that Revalize is well positioned to benefit from this trend, and we are excited to support the business as it grows organically through product innovation and with capital for strategic acquisitions."
Driving Digital Experiences Across Sectors
Having already gained 8,000 customers, the company offers software tailored to different sectors, including medical devices, mechanical equipment and specialty vehicles.
