ABACO S.p.A.
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ABACO S.p.A. - overview
Established
1990
Location
Mantua, -, Italy
Primary Industry
Software
About
ABACO S. p. A. offers innovative digital solutions aimed at enhancing sustainability in the agricultural sector through advanced data analytics and IoT technology, serving clients across private and public sectors.
Founded in 1990 in Mantua, Italy, ABACO S. p. A. specializes in developing agricultural technology solutions.
The company was recently acquired by IBF Servizi S. p. a. in October 2023, enabling further international growth in the Agritech sector.
The company's CEO is Antonio Samaritani, with Loris Targa also in leadership roles. ABACO S. p. A.
provides advanced digital solutions for the agricultural industry, including data analysis from satellite imagery, drone photography, and AI-driven insights. Their offerings also encompass IoT sensors, smart traps, and georeferenced mobile applications, enabling comprehensive dashboards for farm management. The solutions cater to both agro-industrial clients and governmental entities, facilitating effective management of agricultural supply chains and sustainability projects. In 2023, ABACO S.
p. A. reported a revenue of USD 21. 79 mn with an EBITDA of USD 2.
83 mn, deriving income primarily through software subscriptions and direct client agreements for their agricultural management tools. Following the acquisition on October 18, 2023, ABACO S. p. A.
aims to leverage its resources to expand its market presence internationally, particularly in Europe. The acquisition strategy focuses on strengthening its leadership in the Agritech sector. Funding from this acquisition will support the development of new products and expansion into new geographic markets, enhancing the company’s digital offerings and client services.
Current Investors
DeA Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Multimedia & Graphics
Website
www.abacogroup.eu
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
ABACO S.p.A. - timeline of key events
ABACO S.p.A. - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 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) | 6,288,423 | 6,181,747 | 5,806,401 | 5,739,395 | 9,141,149 | 15,405,176 | 15,450,719 | 11,288,620 | 8,524,038 | 8,430,685 | 9,194,059 | 14,038,861 | - | - | - |
| % Revenue Growth (YoY) | - | (1.7%) | (6.1%) | (1.2%) | 59.3% | 68.5% | 0.3% | (26.9%) | (24.5%) | (1.1%) | 9.1% | 52.7% | - | - | - |
| EBITDA (USD) | 1,080,956 | 1,635,261 | 1,326,940 | 1,578,598 | 3,686,558 | 6,885,911 | 8,731,230 | 4,698,077 | 3,042,704 | 2,486,840 | 1,053,479 | 3,548,269 | - | - | - |
| Operating Income (USD) | 1,047,424 | 1,590,750 | 1,287,445 | 1,546,817 | 3,659,795 | 6,860,885 | 8,706,121 | 4,671,141 | 3,015,291 | 350,700 | (1,163,828) | 1,286,977 | - | - | - |
| Operating Margin | 16.7% | 25.7% | 22.2% | 27.0% | 40.0% | 44.5% | 56.3% | 41.4% | 35.4% | 4.2% | (12.7%) | 9.2% | - | - | - |
| % EBITDA Margin | 17.2% | 26.5% | 22.9% | 27.5% | 40.3% | 44.7% | 56.5% | 41.6% | 35.7% | 29.5% | 11.5% | 25.3% | - | - | - |
| NET Income (USD) | 701,310 | 1,047,982 | 1,099,882 | 1,066,639 | 2,647,526 | 5,012,628 | 6,746,369 | 3,415,586 | 2,442,953 | (38,785) | (1,375,083) | 606,107 | - | - | - |
| % Net Margin | 11.2% | 17.0% | 18.9% | 18.6% | 29.0% | 32.5% | 43.7% | 30.3% | 28.7% | (0.5%) | (15.0%) | 4.3% | - | - | - |
ABACO S.p.A. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | ABACO S.p.A. | - | ||||||||
| Buyout | Completed | ABACO S.p.A. | - |
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ABACO S.p.A. - employee data
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