7A Sevena AB
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7A Sevena AB - overview
Established
2006
Location
Stockholm, -, Sweden
Primary Industry
Commercial Property
About
7A Sevena AB is a provider of coworking spaces and meeting facilities, catering to a broad spectrum of clients including individuals, startups, and large enterprises, with a focus on enhancing productivity and collaboration. Founded in 2006 in Stockholm, Sweden, 7A Sevena AB specializes in flexible workspace solutions including private offices and meeting venues. The company was acquired by Seb Private Equity in December 2018, although the financial details of the deal were not disclosed. The co-founders Bo Fuglsang and Fredrik Hultman established the company with a vision to support diverse business needs.
Currently, Susanne Lindqvist serves as CEO, leading the company's operations and growth. 7A operates as a multifaceted provider of coworking spaces and meeting facilities, designed to cater to a diverse clientele that includes entrepreneurs, small businesses, and large corporations. The company offers a range of flexible workspace solutions, including private offices, shared desks, and meeting venues, aimed at fostering collaboration and enhancing productivity. 7A's offerings also include curated activity packages that promote team-building and engagement, alongside access to high-quality amenities such as advanced tech support and event spaces.
Their geographic reach extends beyond Stockholm, as they partner with Mindpark to provide coworking options in cities such as Gothenburg, Malmö, and Helsingborg, thereby creating a network of 13 coworking locations. These facilities are tailored to support various business needs, from everyday work to corporate events and seminars. In 2024, 7A reported a revenue of USD 29,876. 60 and an EBITDA of USD -2,720.
50. Their revenue model is primarily based on membership subscriptions and event bookings, where clients pay for access to coworking spaces with various service packages. 7A's corporate partnerships enhance customer engagement through bundled offerings, accommodating both individual and corporate clients requiring flexible workspace solutions. 7A aims to expand its market presence by launching new products designed to enhance its coworking offerings, although specific release dates are not available.
The company is focused on entering new geographic regions within Sweden, bolstered by recent funding that supports these initiatives. Following the acquisition by Seb Private Equity in December 2018, 7A is strategically positioned to leverage this investment to fuel growth and expansion.
Current Investors
SEB Asset Management
Primary Industry
Commercial Property
Sub Industries
Search Engines, Web Applications, Commercial Property
Website
www.7a.se
Verticals
Real Estate Tech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
7A Sevena AB - financials
| Fiscal Year Ended | Jun 30, 2011 | Jun 30, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 38,391,055 | 48,659,000 | 104,862,000 | 75,899,000 | 88,115,000 | 112,896,000 | 125,930,000 | 144,161,000 | 150,508,000 | 128,666,000 | 170,394,000 | - | - | - |
| % Revenue Growth (YoY) | - | 26.7% | - | - | 16.1% | 28.1% | 11.5% | 14.5% | 4.4% | (14.5%) | 32.4% | - | - | - |
| EBITDA (USD) | 1,087,222 | 2,051,000 | 4,440,000 | 4,819,000 | 6,536,000 | 8,228,000 | 5,877,000 | 7,264,000 | (12,533,000) | (55,027,000) | (85,099,000) | - | - | - |
| Operating Income (USD) | 683,699 | 1,543,000 | 3,028,000 | 2,991,000 | 4,449,000 | 5,253,000 | 1,966,000 | 2,468,000 | (18,595,000) | (62,470,000) | (96,540,000) | - | - | - |
| Operating Margin | 1.8% | 3.2% | 2.9% | 3.9% | 5.0% | 4.7% | 1.6% | 1.7% | (12.4%) | (48.6%) | (56.7%) | - | - | - |
| % EBITDA Margin | 2.8% | 4.2% | 4.2% | 6.3% | 7.4% | 7.3% | 4.7% | 5.0% | (8.3%) | (42.8%) | (49.9%) | - | - | - |
| NET Income (USD) | 472,917 | 816,000 | 1,375,000 | 1,665,000 | 1,644,000 | 1,715,000 | 467,000 | 397,000 | (16,775,000) | (50,864,000) | (79,431,000) | - | - | - |
| % Net Margin | 1.2% | 1.7% | 1.3% | 2.2% | 1.9% | 1.5% | 0.4% | 0.3% | (11.1%) | (39.5%) | (46.6%) | - | - | - |
7A Sevena AB - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | 7A Sevena AB | - |
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