Alveo
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Alveo - overview
Established
1991
Location
London, -, UK
Primary Industry
Software
About
Based in London, UK, and founded in 1991 by Tim Knigge, Asset Control International BV, trading as Alveo, operates as a software company that provides data management solutions for the financial services industry. In January 2023, Symphony Technology Group, a private equity firm acquired Alveo from Sovereign Capital Partners. As of July 2023, the company operates in the United States, the United Kingdom, Singapore, and the Netherlands, and is led by its CEO Mark Hepsworth. Asset Control International BV offers a wide range of data management services designed to meet the diverse needs of its clients.
Its services include data sourcing to onboard data through prebuilt adapters and targeted sourcing; data mastering to build a composite view of the market; data quality management; data distribution and usage monitoring; and data analytics. Following the acquisition in January 2023, Asset Control International BV plans to support product development and accelerate its progress in a dynamic and regulated market.
Current Investors
Gresham, Sovereign Capital Partners
Primary Industry
Software
Sub Industries
Consulting Services, Data Centers, Systems Management Software, Accounting/Finance Software
Verticals
Big Data, Cloud Computing, RegTech
Company Stage
Merged
Total Amount Raised
Subscriber access only
Alveo - timeline of key events
Alveo - financials
| Fiscal Year Ended | 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 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 9,682,629.975 | 7,547,041.603 | 6,882,445.281 | 9,527,734.151 | 9,144,771.537 | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | (22.1%) | (8.8%) | 38.4% | (4.0%) | - | - | - | - | - | - | - |
| EBITDA (USD) | 942,617.021 | 739,305.325 | 2,104,825.499 | 3,483,997.731 | 3,370,879.739 | - | 4,082,045.464 | 3,665,612.427 | 3,683,907.01 | - | - | - |
| Operating Income (USD) | 828,823.615 | 629,659.17 | 1,297,903.094 | 2,558,919.311 | 2,400,381.983 | - | 3,163,519.437 | 2,420,905.683 | 2,571,167.591 | - | - | - |
| Operating Margin | 8.6% | 8.3% | 18.9% | 26.9% | 26.2% | - | - | - | - | - | - | - |
| % EBITDA Margin | 9.7% | 9.8% | 30.6% | 36.6% | 36.9% | - | - | - | - | - | - | - |
| NET Income (USD) | 489,991.01 | 361,993.556 | 1,096,717.22 | 2,119,732.392 | 2,010,254.159 | - | 2,514,322.437 | 1,812,342.843 | 1,802,397.081 | - | - | - |
| % Net Margin | 5.1% | 4.8% | 15.9% | 22.2% | 22.0% | - | - | - | - | - | - | - |
Alveo - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Alveo, Gresham Technologies (Uk) Limited | - | ||||||||
| Secondary Buyout | Completed | Alveo | - | ||||||||
| Secondary Buyout | Completed | Alveo | - | ||||||||
| Secondary Buyout | Completed | Alveo | - |
Displaying 1 - 4 of 4
Alveo - employee data
Alveo - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman and Board Director | BM |
BM Board Member
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