Amtech Group
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Amtech Group - overview
Established
2006
Location
Milton Keynes, -, UK
Primary Industry
Software
About
Amtech Group is a UK-based company that specializes in providing software solutions for mechanical, electrical, and plumbing contractors, enhancing efficiency and productivity throughout the construction process. Founded in 2006, Amtech Group operates from Milton Keynes, UK, offering innovative software solutions for the construction industry. In November 2014, Amtech was acquired by Trimble Navigation Limited, although terms were not disclosed. The company has completed a total of 4 deals, with its most recent deal occurring on November 12, 2014.
The latest funding round was a Secondary Buyout raising GBP 35. 00 mn, bringing the total amount raised to GBP 35. 00 mn. The company is led by CEO Alex Portugal alongside Anwar Ali and Masunga Maduhu, under the guidance of founder Khanindra Sonowal.
Amtech Group offers a suite of advanced software solutions tailored for mechanical, electrical, and plumbing contractors. Their product range includes integrated construction management tools, estimating software, and a Building Information Modeling (BIM) platform. These solutions are designed to enhance productivity, improve project accuracy, and streamline workflows across over 150 countries, particularly in North America, Europe, and the Middle East. For the most recent financial year 2023, Amtech Group reported a revenue of GBP 17,132,885.
60 and an EBITDA of GBP 7,544,836. 80, generated primarily through subscription-based sales of their software solutions and associated services. Although specific upcoming product launches are not detailed, Amtech Group plans to leverage its most recent funding of GBP 35. 00 mn to enhance its software offerings and expand into new geographic markets.
This growth strategy focuses on increasing presence in regions that align with their core competencies in construction management software. The funding will support product development initiatives aimed at improving functionality and user experience.
Current Investors
Transcore Holdings
Primary Industry
Software
Sub Industries
Systems Management Software
Website
www.amtech.co.uk
Verticals
Cloud Computing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Amtech Group - timeline of key events
Amtech Group - financials
| Fiscal Year Ended | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Jan 02, 2015 | Jan 02, 2016 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Jan 03, 2020 | Jan 03, 2021 | Dec 31, 2021 | Dec 30, 2022 | Dec 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 11,121,162 | 10,796,893 | 11,101,922 | 10,767,174 | 11,536,058 | - | 11,914,607 | 11,429,756 | 11,876,561 | 12,304,000 | 12,951,000 | - | 12,977,000 | 11,365,000 | - | - | - |
| % Revenue Growth (YoY) | - | (2.9%) | 2.8% | (3.0%) | 7.1% | - | - | - | 3.9% | 3.6% | 5.3% | - | - | - | - | - | - |
| EBITDA (USD) | 5,034,438 | 4,515,562 | 4,719,610 | 4,025,117 | 4,502,804 | - | 2,208,288 | 3,912,426 | 4,223,577 | 4,362,000 | 4,873,000 | - | 5,191,000 | 4,029,000 | - | - | - |
| Operating Income (USD) | 3,531,226 | 3,099,881 | 3,376,713 | 3,819,204 | 4,099,930 | - | 715,862 | 3,305,082 | 3,663,017 | 2,420,000 | 2,917,000 | - | 3,222,000 | 2,133,000 | - | - | - |
| Operating Margin | 31.8% | 28.7% | 30.4% | 35.5% | 35.5% | - | 6.0% | 28.9% | 30.8% | 19.7% | 22.5% | - | 24.8% | 18.8% | - | - | - |
| % EBITDA Margin | 45.3% | 41.8% | 42.5% | 37.4% | 39.0% | - | 18.5% | 34.2% | 35.6% | 35.5% | 37.6% | - | 40.0% | 35.5% | - | - | - |
| NET Income (USD) | 1,096,669 | 2,045,072 | 2,526,052 | 3,314,767 | 3,529,026 | - | 672,330 | 2,879,764 | 3,193,424 | 3,061,000 | 2,019,000 | - | 2,337,000 | 2,228,000 | - | - | - |
| % Net Margin | 9.9% | 18.9% | 22.8% | 30.8% | 30.6% | - | 5.6% | 25.2% | 26.9% | 24.9% | 15.6% | - | 18.0% | 19.6% | - | - | - |
Amtech Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Amtech Group | - | ||||||||
| Add-on | Completed | Artra Limited | - | ||||||||
| Secondary Buyout | Completed | Amtech Group | - | ||||||||
| Add-on | Completed | TSI Luckins | - | ||||||||
| Buyout | Completed | Amtech Group | - |
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Amtech Group - employee data
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