Attollo AB

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Attollo AB - overview

Established

2007

Location

Stockholm, -, Sweden

Primary Industry

Business Support Services

About

Attollo AB operates as a consultancy focused on providing data-driven insights for businesses. The firm is headquartered in Stockholm, Sweden. In December 2020, Attollo was acquired by Intellic Group AB, a portfolio company of Broviken Gruppen. Financial terms of the acquisition were not disclosed.


This transaction marked a strategic shift allowing Intellic Group to support its growth organically. Attollo specializes in providing comprehensive data analysis and business intelligence solutions aimed at enhancing decision-making processes for businesses. Their core offerings include Business Intelligence & Data Warehouse solutions that facilitate effective data presentation, enabling clients to derive actionable insights from complex datasets. The company's services extend to financial planning, generative AI, and machine learning, as well as robust data governance and master data management frameworks.


Through these services, Attollo addresses end-user needs by ensuring high data quality, seamless data integration, and automation in financial reporting and consolidation processes. The company serves a diverse client base, including sectors such as finance, public services, and agriculture, with notable clients including OKQ8 and Ålandsbanken. Their products are primarily marketed in the Nordic region, with a focus on countries such as Sweden, Finland, and Norway. Attollo generates revenue through a combination of subscription-based services and project-based consulting engagements.


Clients typically engage Attollo for long-term partnerships, wherein they subscribe to ongoing support for their business intelligence systems and data management solutions. The company structures its transactions around tailored packages that include implementation, technical support, and ongoing system maintenance, ensuring clients receive continuous value from their investments. Specific pricing plans are aligned with the complexity and scope of client needs, particularly concerning flagship offerings in business intelligence and financial reporting. This structure allows for flexibility in transaction volumes, catering to both large enterprises and smaller businesses seeking to enhance their data-driven decision-making capabilities.


With the acquisition by Intellic Group AB in December 2020, Attollo plans to leverage its resources to support ongoing product development and market expansion. The firm aims to enhance its offerings with upcoming products related to advanced analytics and artificial intelligence, although specific release dates are yet to be announced. Additionally, Attollo targets expansion into new geographic markets, specifically within the broader European market over the next few years. The resources and support from Intellic Group will be instrumental in facilitating this growth strategy.


Current Investors

Intellic Group AB

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Software

Website

www.attollo.se/

Verticals

Artificial Intelligence

Total Amount Raised

Subscriber access only

Attollo AB - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)90,892,704107,784,606---
% Revenue Growth (YoY)-18.6%---
EBITDA (USD)9,679,98719,869,153---
Operating Income (USD)8,149,56918,242,701---
Operating Margin9.0%16.9%---
% EBITDA Margin10.6%18.4%---
NET Income (USD)5,660,44013,939,718---
% Net Margin6.2%12.9%---

Attollo AB - 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-on, LP DirectCompletedAttollo AB-

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