Avonline Satellite Services Holdings

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Avonline Satellite Services Holdings - overview

Location

Bristol, -, UK

Primary Industry

Telecoms

About

Avonline Satellite Services Holdings provides satellite broadband services aimed at delivering reliable high-speed internet access to underserved areas in the UK, facilitating connectivity for both individuals and businesses. Avonline Satellite Services Holdings specializes in satellite broadband solutions, with its headquarters located in Bristol, UK. The company was acquired by Satellite Solutions Worldwide Group in July 2016. The acquisition broadened the scope of Avonline's operational capabilities without any reported pivots in its business strategy.


The company’s founder has not been disclosed. Avonline Satellite Broadband offers high-speed satellite broadband services across the UK, focusing on remote areas lacking traditional internet infrastructure. The services provide download speeds up to 30Mbps and upload speeds of 2Mbps, supporting activities like streaming and online trading. The client base includes residential and business customers, with eligibility for no upfront costs through schemes like Access Broadband Cymru, enhancing digital access in various regions.


In 2018, Avonline Satellite Broadband reported a revenue of USD 11. 85 mn, while its EBITDA for the same year was negative at USD -1. 26 mn. Following its acquisition in July 2016, Avonline Satellite Services Holdings is positioned to enhance its service offerings and expand its market reach.


The company is expected to explore the development of new satellite broadband solutions tailored to specific user needs. Additionally, there are plans to venture into new geographic regions, though specific locations and timelines have not been disclosed. The recent acquisition funding is anticipated to support these growth initiatives.


Current Investors

Bigblu Broadband Plc

Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services

Website

http://avonlinebroadband.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Avonline Satellite Services Holdings - financials

Fiscal Year EndedJun 30, 2017Jun 30, 2018
Revenue (USD)--
% Revenue Growth (YoY)--
EBITDA (USD)--
Operating Income (USD)--
Operating Margin--
% EBITDA Margin--
NET Income (USD)--
% Net Margin--

Avonline Satellite Services Holdings - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAvonline Satellite Services Holdings-

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Avonline Satellite Services Holdings - employee data

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