Arq Group Enterprise Business

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Arq Group Enterprise Business - overview

Established

2018

Location

Melbourne, Victoria, Australia

Primary Industry

IT Infrastructure

About

Arq Group Enterprise Business focuses on providing digital and technology services, enabling organizations to optimize their operations through solutions such as cloud computing, cybersecurity, and data intelligence. Founded in 2018, Arq Group Enterprise Business, headquartered in Melbourne, Australia, specializes in technology solutions. The company was acquired by SingTel in March 2022 for AUD 290 million, a strategic move to enhance SingTel's global presence. The CEO is Tristan Sternson, who has led the company through its growth phases.


Arq Group Enterprise Business offers a range of digital and technology services, including advisory, applications, cloud solutions, cybersecurity, data and artificial intelligence, digital experiences, and managed services. Their solutions are aimed at enhancing operational efficiency and supporting digital transformation across various sectors, such as government, healthcare, finance, and education, primarily in Southeast Asia. The revenue generation model of Arq Group Enterprise Business involves advisory fees, project-based contracts, and managed service subscriptions. Key offerings in cloud solutions and cybersecurity contribute significantly to their revenue, ensuring clients receive tailored technology solutions and continuous support.


Following the acquisition by SingTel in March 2022, Arq Group Enterprise Business plans to expand its services into new geographic regions, aiming for growth in Southeast Asia. The AUD 290 million funding will facilitate product development, focusing on innovative technologies to meet evolving business needs. This acquisition is expected to finalize by May 2022, paving the way for enhanced global operations.


Primary Industry

IT Infrastructure

Sub Industries

Engineering, Consulting Services, IT Infrastructure, Analytics & Performance Software

Verticals

Artificial Intelligence, Cloud Computing

Total Amount Raised

Subscriber access only

Arq Group Enterprise Business - 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)
Trade SaleCompletedArq Group Enterprise Business-
Corporate Carve OutCompletedArq Group Enterprise Business-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.