Challenge Group
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Challenge Group - overview
Established
2011
Location
Manchester, -, UK
Primary Industry
Business Support Services
About
Challenge Group specializes in providing advanced digital solutions that enhance operational efficiency and security for businesses across various sectors. Their offerings include comprehensive data management and analytics tools to streamline processes and improve decision-making. Founded in 2011 in Manchester, UK, Challenge Group operates with a focus on advanced digital solutions aimed at improving business efficiency. The company was established by Denis Sryvkin and is currently led by CEO Eshel Heffetz and Yossi Shoukroun.
Challenge Group has not undergone any significant pivots in business strategy since its inception. It operates from its headquarters in Manchester and does not have publicly known subsidiaries or parent companies. Challenge Group offers a wide array of innovative products and services tailored to address the complexities of modern problem-solving in various industries. Their core offerings are centered around digital solutions that enhance operational efficiency and security for businesses.
The company focuses on providing comprehensive data management and analytics tools that assist organizations in streamlining processes, improving decision-making, and gaining valuable insights. With a diverse client base across sectors such as finance, healthcare, and technology, Challenge Group empowers users with robust solutions that facilitate strategic planning. Their market reach extends internationally to clients in Europe, North America, and Asia. In the most recent fiscal year 2024, Challenge Group reported a revenue of USD 540.
61 mn and an EBITDA of USD 7. 96 mn. Their revenue model is built on subscription-based services and direct partnerships, with clients typically accessing their suite of digital tools through annual or monthly plans. This model emphasizes long-term client relationships, ensuring continuous updates and support as part of the service agreement.
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Education & Training Services, Logistics & Distribution
Website
www.challengegrp.co.uk
Total Amount Raised
Subscriber access only
Challenge Group - timeline of key events

Challenge Group - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 21,809,092 | 39,971,990 | 39,230,195 | 87,765,713 | 93,775,909 | - | - | - |
| % Revenue Growth (YoY) | - | 83.3% | (1.9%) | 123.7% | 6.8% | - | - | - |
| EBITDA (USD) | 846,367 | 881,715 | 1,387,925 | 3,459,258 | 4,227,046 | - | - | - |
| Operating Income (USD) | 401,755 | 16,180 | 478,258 | 1,064,233 | 2,349,305 | - | - | - |
| Operating Margin | 1.8% | 0.0% | 1.2% | 1.2% | 2.5% | - | - | - |
| % EBITDA Margin | 3.9% | 2.2% | 3.5% | 3.9% | 4.5% | - | - | - |
| NET Income (USD) | (176,424) | (320,383) | (199,713) | (221,437) | 841,707 | - | - | - |
| % Net Margin | (0.8%) | (0.8%) | (0.5%) | (0.3%) | 0.9% | - | - | - |
Challenge Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Challenge TRG Group | - |
Displaying 1 - 1 of 1
Challenge Group - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.