Aider AS

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Aider AS - overview

Established

2018

Location

Oslo, -, Norway

Primary Industry

Business Support Services

About

Founded in 2018, in Oslo, Norway, Aider AS is dedicated to offering specialized accounting and advisory services. The company has made one notable deal as of October 2024. In October 2024, Castik Capital agreed to acquire a 55% majority stake in Aider AS.   Aider offers comprehensive accounting, advisory, and technology services aimed at business operations and financial management.


The company’s core offerings include bookkeeping and accounting for small and medium-sized enterprises (SMEs), payroll services, tax advisory, and financial consulting. These services are designed to streamline financial processes, optimize resource allocation, and support businesses in achieving growth and profitability. Aider’s client base encompasses various sectors, including non-profit organizations, local governments, and private enterprises across Norway, and they are actively expanding into other European markets. The technology solutions they provide include integrations with popular ERP systems, aimed at automating workflows and improving data management for their clients.


  Revenue generation at Aider is structured around a service subscription model, allowing clients to engage in ongoing partnerships for their accounting and advisory needs. Clients typically enter into agreements for monthly or annual service packages that include a range of services tailored to their operational requirements. Aider's flagship offerings are integrated with technology solutions that facilitate real-time data analysis and reporting. The pricing plans for these services are determined based on the specific needs and scale of the client’s operations, ensuring a customized approach to service delivery.


Transactions are primarily B2B, with Aider engaging directly with its clients to offer tailored financial solutions that address their unique challenges and objectives.   In October 2024, Castik Capital agreed to acquire a 55% majority stake in Aider AS, with financial terms undisclosed. This investment will enable Aider AS to support further acquisitions, develop its service portfolio, and accelerate growth. The company is focusing on launching new products designed to enhance its service offerings, with plans for expansion into various additional European markets by the end of 2025.


Current Investors

Castik Capital

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Accounting Services, Investment Banking, Analytics & Performance Software

Website

www.aider.no/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Aider AS - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)17,757,77340,849,448108,798,446---
% Revenue Growth (YoY)-130.0%166.3%---
EBITDA (USD)(262,460)1,605,98011,097,408---
Operating Income (USD)(279,565)1,582,37810,460,573---
Operating Margin(1.6%)3.9%9.6%---
% EBITDA Margin(1.5%)3.9%10.2%---
NET Income (USD)(251,110)1,231,6698,158,898---
% Net Margin(1.4%)3.0%7.5%---

Aider AS - 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-onAnnouncedMDDP Outsourcing-
BuyoutCompletedAider AS-

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