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Newtek Business Services

Newtek Business Services?uq=oeHSfu7P
1998 FOUNDED
PUBLIC STATUS
101-200 EMPLOYEES
NEWT STOCK SYMBOL
6 INVESTMENTS
$23.36 SHARE PRICE (As of Monday Closing)
Description

Provider of outsourced business services and financial products. The company is a provider of business lending, merchant processing, payroll services and Web design and service.

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
BPO/Outsource Services
Other Industries
Specialized Finance
Stock Exchange
NAS
Primary Office
  • 1981 Marcus Avenue
  • Suite 130
  • New York, NY 11042
  • United States

+1 (212) 000-0000
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Newtek Business Services Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$16.47 - $23.82 $438M $23.31 $2.34 114K 18.8M

Newtek Business Services Financials Summary

In Thousands,
USD
TTM
30-Jun-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
FY 2015
31-Dec-2015
Enterprise Value 619,019 546,687 402,862 340,433
Revenue 42,489 38,914 30,965 26,070
EBITDA 42,327 50,775 36,041 42,541
Net Income 41,874 38,976 27,305 35,736
Total Assets 561,813 519,611 401,450 352,430
Total Debt 250,950 216,252 171,242 133,952
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Newtek Business Services Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Newtek Business Services Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 0000000 000 24-Oct-2017 000000000000000000 00.000 Specialized Finance 00000 000000
0000000000000 0000 06-Apr-2017 000000000000000000 000.00 IT Consulting and Outsourcing 00000 000000
0000-0000 00000000 29-Jun-2016 000000000000000000 Specialized Finance 00000 000000
0000000 0000000 00 27-Jul-2015 000000000000000000 000.00 Network Management Software 00000 000000
New Tek Business Credit 21-Mar-2007 Merger/Acquisition Other Financial Services
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Newtek Business Services Subsidiaries (5)

Company Name Industry Location Founded
United Capital Source Specialized Finance Long Island City, NY 2011
0000-0000 00000000 Specialized Finance Westfield, IN 0000
000000 00000 00000 Lender New York, NY 0000
000 000 00000000 0 Other Financial Services West Hempstead, NY
0000000000000 0000 IT Consulting and Outsourcing New York, NY
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Newtek Business Services Executive Team (12)

Name Title Board
Seat
Contact
Info
Sam Kirschner Ph.D Director
Gary Taylor President and Chief Operating Officer
Peter Downs Chief Lending Officer, Director & President, Newtek Small Business Finance
John Raven Chief Security Information Officer & Chief Technology Officer
Harold Gartner Executive Managing Director

4 Former Executives

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Newtek Business Services Board Members (5)

Name Representing Role Since Contact
Info
00000 00000 Newtek Business Services Chief Lending Officer, Director & President, Newtek Small Business Finance 000 0000
0000000 000000 CohnReznick Independent Director 000 0000
000 00000 Self Independent Director 000 0000

2 Former Board Members

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