ASI SAS
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.
ASI SAS - overview
Established
1993
Location
Saint-Herblain, Nantes, France
Primary Industry
IT Infrastructure
About
ASI SAS is a digital services company specializing in the development of web and mobile applications, enhancing operational efficiency and user engagement for businesses and their clients. Founded in 1993 in Saint-Herblain, France, ASI SAS focuses on developing digital transformation solutions. The company was acquired in November 2020 by BNP Paribas Capital Partners and Ouest Croissance, alongside management. Its current CEO team includes Doug Suchesk, Grant Hudlow, Michael Papagiorgio, and Yehuda Srebrenik.
ASI specializes in a range of digital expertise services, including web and mobile application development, online services such as forms and simulators, and client-facing solutions like self-service portals and extranet networks. The company enhances digital transformation across sectors, creating tailored solutions such as marketplaces and white-label services for partners, improving collaboration and data management. Notable clients include Biocoop and U IRIS, for whom ASI has modernized information systems and enhanced employee collaboration. In the most recent fiscal year 2023, ASI reported a revenue of USD 46.
26 mn and an EBITDA of USD 2. 13 mn. The company's revenue model is centered around B2B partnerships, providing digital solutions through contractual agreements that often involve subscription-based services for ongoing access, including project management tools and CRM systems. Looking ahead, ASI plans to launch new digital products designed to further support clients in their transformation journeys.
The company aims to expand into new geographic markets, focusing on regions within Europe, by the end of 2024. The funding acquired from the November 2020 deal will be utilized to bolster these initiatives, enhancing product offerings and facilitating market entry strategies.
Current Investors
BNP Paribas Asset Management - Fund of funds, Ouest Croissance, MBO+
Primary Industry
IT Infrastructure
Sub Industries
Data Centers, Consulting Services, IT Infrastructure
Website
www.asi.fr
Total Amount Raised
Subscriber access only
ASI SAS - timeline of key events
ASI SAS - financials
| Fiscal Year Ended | 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) | 31,838,607 | 30,577,128 | 35,222,297 | 38,089,948 | 36,753,588 | 40,537,361 | - | - | - |
| % Revenue Growth (YoY) | - | (4.0%) | 15.2% | 8.1% | (3.5%) | 10.3% | - | - | - |
| EBITDA (USD) | 860,727 | 774,093 | 1,664,020 | 2,484,144 | 1,967,945 | 2,798,617 | - | - | - |
| Operating Income (USD) | 772,266 | 698,486 | 1,578,258 | 2,388,506 | 1,864,624 | 2,671,694 | - | - | - |
| Operating Margin | 2.4% | 2.3% | 4.5% | 6.3% | 5.1% | 6.6% | - | - | - |
| % EBITDA Margin | 2.7% | 2.5% | 4.7% | 6.5% | 5.4% | 6.9% | - | - | - |
| NET Income (USD) | 538,704 | 591,997 | 962,537 | 1,152,194 | 1,180,195 | 1,426,130 | - | - | - |
| % Net Margin | 1.7% | 1.9% | 2.7% | 3.0% | 3.2% | 3.5% | - | - | - |
ASI SAS - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | ASI SAS | - | ||||||||
| Secondary Buyout | Completed | ASI SAS | - | ||||||||
| Buyout | Completed | ASI SAS | - |
Displaying 1 - 3 of 3
ASI SAS - employee data
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.