View source for Draft:Revalize

{{AFC submission|d|adv|u=Leo Palmaro|ns=118|decliner=CFA|declinets=20240804184655|ts=20240603191307}} <!-- Do not remove this line! -->

{{AFC comment|1=Notability looks borderline: Most articles seem to be [[WP:RUNOFTHEMILL|run-of-the-mill]], routine coverage which do not count towards notability per [[WP:ORGTRIV]]. <span style=white-space:nowrap;>[[User:CFA|<span style="background-color:#e0f7fa;padding:2px 5px;border-radius:5px;font-family:Arial black"><span style=color:#00c>C</span> <span style=color:red>F</span> <span style=color:#5ac18e>A</span></span>]] <span style="background-color:#e6e6fa;padding:2px 5px;border-radius:5px;font-family:Arial black">[[User talk:CFA|💬]]</span></span> 18:46, 4 August 2024 (UTC)}}

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{{Short description|Computer Software Company}}
{{Draft topics|business-and-economics|technology}}
{{AfC topic|org}}

{{Connected contributor|User1=Leo Palmaro |U1-declared=yes}}

{{Infobox company
| name = Revalize
| type = [[Privately held company|Privately held]]
| industry = [[Computer software]]
| founded = 2021
| hq_location_city = [[Jacksonville, FL]]
| hq_location_country = [[US]]
| area_served = Worldwide
| key_people = Mike Sabin ([[Chief executive officer|CEO]]) <br/> Marc Friedman ([[Chairman]])
| num_employees = 500
| num_employees_year = 2024
| website = {{URL|revalizesoftware.com}}
}}

'''Revalize, Inc.''' is an American [[Multinational corporation|multinational]] computer [[technology company]] headquartered in [[Jacksonville, Florida|Jacksonville]], [[Florida]], United States.<ref>{{Cite news |last=Moore |first=Logan |date=Jun 29, 2021 |title=Revalize's move to Jax adds to growing tech sector along First Coast |url=https://www.bizjournals.com/jacksonville/news/2021/06/29/revalize-tech-company-move-to-jax-adding-to-growin.html |access-date=2024-03-12 |work=[[Jacksonville Business Journal]]}}</ref> It provides [[enterprise software]] and [[Cloud computing|cloud]]-based applications to manage business operations and streamline manufacturing processes.

The company's software suite includes [[configure price quote]] (CPQ), [[computer-aided design]] (CAD), [[Simulation modeling|engineering simulation]], [[product lifecycle management]] (PLM), [[data management]], [[product visualization]], and [[analytics]].

As of 2024, Revalize operates on a global scale with a workforce of over 500 employees.<ref>{{Cite news |date=2024-02-05 |title=Revalize builds a CoE in Poznań |url=https://focusonbusiness.eu/en/interviews/revalize-builds-a-coe-in-poznan/5988 |access-date=2024-03-13 |work=Focus on Business |language=pl}}</ref>

== History ==

=== Formation ===
Revalize was founded on June 29, 2021, by [[TA Associates]] ("TA"), a global growth private equity firm, and ST6, a consortium of software operating executives, with the aim to establish a provider of sector-specific software and [[SaaS]] solutions for the [[manufacturing]] industry.<ref>{{Cite news |date=2021-07-06 |title=TA Associates Forms Revalize |url=https://www.finsmes.com/2021/07/ta-associates-forms-revalize.html |work=FinSMEs}}</ref>

The company's portfolio was established through the acquisition of multiple technologies: 

Configure One CPQ and FPX Selling Cloud for sales configuration, PIPE-FLO for [[Fluid dynamics|fluid flow]] analysis, and Lighting Analysts for a photometric analysis.<ref>{{Cite news |last=Dixon |first=Drew |date=2021-06-30 |title="Revalize tech company evolves out of company acquisitions, plots headquarters in Jacksonville" |url=https://www.jacksonville.com/story/business/employment/2021/06/30/new-revalize-tech-company-chooses-jacksonville-headquarters/5364183001/ |work=The Florida Times-Union}}</ref> The portfolio was further influenced by [[Hg (equity firm)|Hg Capital]] through a [[Mergers and acquisitions|merger and acquisition]] operation, which contributed to Revalize's acquisition-driven expansion within the manufacturing software solutions sector.<ref>{{Cite web |last=Latour |first=Abby |date=2021-11-18 |title=Revalize nets $353M incremental loans backing M&A, Hg Capital investment |url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/revalize-nets-353m-incremental-loans-backing-m-a-hg-capital-investment-67723523 |website=S&P Global Market Intelligence}}</ref><ref>{{Cite news |last=Seymour |first=Andrew |date=2021-11-18 |title=Revalize makes triple acquisition as new investor hops aboard |url=https://usa.cateringinsight.com/revalize-makes-triple-acquisition-as-new-investor-hops-aboard/ |work=Catering Insight}}</ref>

Revalize's acquisition of AutoQuotes ("AQ"), from Luminate Capital Partners, a technology company specializing in the development of software for the [[Foodservice Equipment & Supplies|food equipment and supplies]] (FES) industry, marked its official formation as a unified technology company.<ref>{{Cite news |last=Nicholls |first=Clare |date=2021-06-30 |title=AutoQuotes acquired by private investor as part of mass merger |url=https://www.cateringinsight.com/autoquotes-acquired-by-private-investor-as-part-of-mass-merger/ |work=Catering Insight}}</ref> This acquisition introduced Jim Contardi, the former CEO of AutoQuotes and Avitru, as CEO of Revalize, to establish a portfolio of industry-specific software revenue operations solutions<ref>{{Cite web |date=2019-06-05 |title=Technology Veteran Jim Contardi Named AutoQuotes CEO |url=https://www.theashtonreport.com/technology-veteran-jim-contardi-named-autoquotes-ceo/ |website=The Ashton Report}}</ref>

=== Acquisitions ===
In August 2021, Revalize expanded its portfolio by acquiring four additional companies:

* Attainia Holdings, a provider of software for [[planning]], [[Budget|budgeting]], [[forecasting]], and [[Tracking system|tracking]] [[Health care|healthcare]] capital assets throughout their [[Life-cycle assessment|lifecycle]].
* BCA Technologies, a company providing software solutions for the [[Architectural engineering|architecture, engineering, and construction]] (AEC) sectors.
* LeadMethod, a developer of [[lead management]] software designed to improve the sales process for manufacturers and their distributors.
* MicroD, a company offering [[digital marketing]] and [[web design]] services, as well as [[E-commerce|eCommerce]] and product visualization solutions for the [[Furniture|home furnishings industry]].<ref>{{Cite web |date=2021-08-31 |title=Revalize Acquires MicroD |url=https://mergr.com/revalize-acquires-microd |website=Mergr}}</ref>

In October 2021, Revalize expanded into continental Europe with the acquisition of Sofon, a [[Netherlands]]-based [[guided selling]], and CPQ software, from Main Capital Partners (“Main”),<ref>{{Cite news |last=Moore |first=Logan |date=2021-10-05 |title=Revalize acquires Netherlands-based software provider Sofon. Here's what the deal brings |url=https://www.bizjournals.com/jacksonville/news/2021/10/05/revalize-acquires-netherland-based-software-provid.html |work=Jacksonville Business Journal}}</ref><ref>{{Cite web |last=Farman |first=Madeleine |date=2022-02-14 |title=European PE buy-and-build deals surge as valuations heat up |url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/european-pe-buy-and-build-deals-surge-as-valuations-heat-up-68721456 |website=S&P Global Market Intelligence}}</ref>

In November 2021, Revalize further expanded its portfolio in the manufacturing software industry by acquiring three additional European companies, incorporating five respective brands.<ref>{{Cite news |date=2021-11-17 |title=Revalize Plans to Acquire 3 European Software Companies |url=https://www.pumpsandsystems.com/news/2021-11-17/revalize-plans-acquire-3-european-software-companies |work=Pumps & Systems}}</ref> The acquisitions included:

* PROCAD Group, formerly headquartered in [[Karlsruhe]], [[Germany]], known for its comprehensive [[product lifecycle management]] (PLM) and [[product data management]] (PDM) solutions, serving over 1,350 customers with more than 250 employees across 12 locations. The group was formed from the merger of PROCAD with Keytech and ACATEC, which added onto Revalize's products offerings in PLM and CPQ solutions for manufacturers.<ref>{{Cite news |date=2021-11-17 |title=PROCAD Group acquired by Revalize in Jacksonville |url=https://www.industrie-digitalisierung.com/en/procad-group-acquired-by-revalize-in-jacksonville/ |url-status= |work=Industrie Digitalisierung}}</ref>
* SpecPage, previously based in [[Küssnacht|Kussnacht]], [[Switzerland]], a developer of PLM and [[quality assurance]] solutions tailored for recipe-based, process manufacturers, focusing on the complex aspects of [[product labeling]] in global competition for [[consumer packaged goods]] (CPG).<ref>{{Cite web |date=2021-11-23 |title=Exit: Maxburg Capital sells Tenado to Revalize / TA Associates |url=https://www.fyb.de/en/exit-maxburg-capital-sells-tenado-to-revalize-ta-associates/ |url-status= |website=For Your Business}}</ref>
* TENADO, acquired from Maxburg Capital Partners and originally located in [[Bochum]], [[Germany]], a provider of [[computer-aided design]] (CAD) software for various sectors including metal and wood fabrication, [[mechanical engineering]], [[fire protection]], and [[traffic management]], with more than 30,000 active users.<ref>{{Cite news |date=2021-11-23 |title=DLA Piper advises Revalize, Inc. on the acquisition of Tenado |url=https://www.dlapiper.com/en/news/2021/11/dla-piper-advises-revalize-inc-on-the-acquisition-of-tenado |url-status= |work=DLA Piper}}</ref>

In October 2023, Revalize broadened its capabilities in the foodservice equipment and supplies (FES) industry by acquiring Kochman Consultants, Ltd. (KCL), a provider of commercial foodservice [[design software]].<ref>{{Cite news |date=2023-10-12 |title=Revalize buys foodservice design software provider KCL |url=https://www.verdictfoodservice.com/news/revalize-buys-software-kcl/ |work=Verdict Food Service}}</ref>

=== Leadership ===
In July 2023, Revalize announced Michael Sabin was appointed as CEO, succeeding Jim Contardi, who led Revalize since its formation.<ref>{{Cite news |last=Wolfe |first=Wes |date=2023-07-24 |title=New Revalize CEO Mike Sabin looks at the path ahead |url=https://www.bizjournals.com/jacksonville/inno/stories/news/2023/07/24/revalize-ceo-mike-sabin-q-and-a.html |work=The Business Journals}}</ref>

== References ==
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{{Drafts moved from mainspace |date=April 2024}}