NetASPx
Saas-based enterprise resource planning solutions
About NetASPx
NetASPx, founded in 1999, operated as a specialized provider of managed application services, carving out a niche within the information technology sector. The company's core business centered on delivering and managing critical enterprise applications for mid-market companies, facilitating their internal business processes and business-to-business logistics.
The firm's technical specialization was in Lawson Enterprise Resource Planning (ERP) and Kronos Workforce Management and Business Intelligence applications. Rather than just selling software, NetASPx provided the essential infrastructure required to support these complex applications, operating an 18,000-square-foot data center in Minneapolis to serve its clients. This model offered clients a way to outsource the significant challenges and complexities of managing vital IT operations.
The company's trajectory culminated in a significant milestone in September 2007, when it was acquired by NaviSite, Inc. for $40.5 million. This acquisition was a strategic move by NaviSite to broaden its portfolio, which at the time included expertise in Oracle and Microsoft applications. The deal integrated NetASPx's Lawson and Kronos capabilities, expanded NaviSite's customer base, and fortified its presence in the Midwest with the addition of the Minneapolis data center.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1999
- Headquarters
- Herndon, United States
- Open positions
- None listed
- Dealroom signal
- 22.0/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Human Resources, Accounting, Supply Chain Management, Recruitment, Retail, SaaS, Planning, Enterprise Resource Planning, Automated Technology
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Feb 2010 | $54M | $54M | Velocity Technology Solutions | — |
| GROWTH EQUITY VCOther financing | Mar 2000 | $100M | — | GTCR | — |
Growth signals
Latest recorded traffic for NetASPx is 370 monthly website visits, down 19.6% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
GTCR
Other known investors1 additional known investor
Velocity Technology Solutions
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about NetASPx on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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