Cloudflight GmbH

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Cloudflight GmbH - overview

Established

2019

Location

Munich, -, Germany

Primary Industry

IT Infrastructure

About

Cloudflight GmbH is a digital solutions provider specializing in software engineering, AI services, digital commerce, and cloud solutions, aimed at transforming businesses for the digital age. Cloudflight GmbH, founded in 2019 and headquartered in Munich, Germany, develops digital solutions that facilitate business transformation. With a focus on software engineering and data services, the company successfully conducted its first deal in November 2022 when Partners Group acquired a majority stake from Deutsche Beteiligungs. The current CEO team consists of Andrej Nikonov, Christoph Steindl, and Roger Kehl.


Cloudflight offers a comprehensive suite of digital solutions aimed at assisting businesses in their digital transformation journey. Its core offerings include software engineering, data and AI services, digital commerce solutions, and cloud services. The software engineering services focus on developing tailored applications that enhance functionality and security. Their digital commerce segment provides adaptable e-commerce platforms designed to promote business growth.


Cloudflight's cloud services maximize scalability through customized strategies, while their data and AI services empower businesses to effectively leverage data for operational growth. The company serves a diverse client base across sectors like aerospace, healthcare, retail, and public services, primarily in the European markets of Germany, Austria, and Switzerland. In the most recent year, 2022, Cloudflight reported a revenue of USD 95. 17 mn and an EBITDA of USD 13.


80 mn. The company's revenue primarily derives from service contracts and project-based engagements in a B2B model, with clients engaging in service agreements that include support, software development, and consulting services. Following the acquisition in November 2022, Cloudflight plans to utilize the investment to expand into new markets and enhance its technical capabilities. The company aims to strengthen strategic customer relationships and institutionalize its operations.


Specific expansion targets and upcoming product launches have not been detailed, but the focus will be on enhancing vertical expertise and broadening its service offerings.


Primary Industry

IT Infrastructure

Sub Industries

Consulting Services, Web Development, IT Infrastructure, Analytics & Performance Software

Website

www.cloudflight.io

Verticals

Artificial Intelligence, Cloud Computing, IoT (Internet of Things)

Company Stage

Mature - Buyout

Total Amount Raised

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Cloudflight GmbH - timeline of key events

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Cloudflight GmbH - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)----
% Revenue Growth (YoY)----
EBITDA (USD)----
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NET Income (USD)(1,351,531.1)---
% Net Margin----

Cloudflight GmbH - 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)
Secondary BuyoutAnnouncedCloudflight GmbH-
Add-onAnnouncedmacio GmbH-
MergerCompletedCatalysts GmbH, Crisp Research AG-

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Cloudflight GmbH - employee data

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Cloudflight GmbH - key contacts

NamePositionStart DateEnd DateVcardBio 
Advisory Board MemberBM

BM Board Member

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