Auction Technology Group
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Auction Technology Group - overview
Established
1971
Location
London, -, UK
Primary Industry
Internet
About
Based in London, UK, and founded in 1971, Metropress Limited, trading under the name Metropress Auction Technology Group (ATG), operates online auction platforms, publishes printed catalogs and provides a cloud-based auction management software for auctioneers, dealers, and fair organizers. In 2016, John-Paul Savant joined the firm as CEO. The company supports more than 1600 auctioneers in their businesses, and in in February 2020, it was acquired by TA Associates. Additionally, ATG completed its IPO on the London Stock Exchange in February 2021, trading under the ticker symbol LON:ATG.
The company operates six digital marketplaces and proprietary auction platform technology used for curated online auctions that allow bidders and auctioneers to connect from around the world. The firm's digital marketplaces include thesaleroom. com, proxibid. com, i-bidder.
com, BidSpotter. com and BidSpotter. co. uk, and lot-tissimo.
com. thesaleroom. com is a marketplace for antiques and fine art auctions. proxibid.
com is an online marketplace in North America, that connects bidders and auctioneers for listed highly valued items. i-bidder. com is the auction marketplace of surplus and returned consumer goods. BidSpotter.
com and BidSpotter. co. uk together provide industrial online auctions. And, lot-tissimo.
com is a marketplace for fine art and antique auctions. The company's revenue is generated through the sales of its integrated online services such as online marketplaces and digital marketing to bidders, businesses, collectors, contractors, dealers, and consumers.
Current Investors
ECI Partners, TA Associates
Primary Industry
Internet
Sub Industries
eMarketing/Digital Marketing, Internet
Website
www.auctiontechnologygroup.com
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Auction Technology 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Auction Technology Group | - | ||||||||
| Unspecified Exit | Completed | Auction Technology Group | - | ||||||||
| IPO | Completed | Auction Technology Group | - | ||||||||
| Secondary Buyout | Completed | Auction Technology Group | - | ||||||||
| Add-on | Completed | Lot-tissimo | - |
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