Avantra
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.
Avantra - overview
Established
2000
Location
Richmond, -, UK
Primary Industry
Software
About
Avantra, based in the UK, is a company specializing in IT operations automation, particularly focusing on SAP environments to improve operational efficiency and reduce overhead for IT teams. Founded in 2000 in Richmond, UK, Avantra is dedicated to enhancing IT operations through automation in SAP environments. The company has undergone a recent acquisition in October 2024 when Resurgens Technology Partners acquired Avantra from Synova for undisclosed financial terms. Avantra has raised GBP 20.
00 mn through its latest funding round, a Buyout led by Synova, amounting to the total capital raised to GBP 20. 00 mn. The company has completed a total of 2 deals to date. Avantra specializes in business process management automation for IT operations, focusing on automating SAP environments.
Its core products include a comprehensive automation platform that performs daily checks and routine tasks, allowing IT teams to focus on strategic initiatives. The platform utilizes machine learning-based predictive analytics for enhanced system performance management, providing real-time visibility into SAP landscapes. Avantra integrates seamlessly with existing IT workflows, such as ServiceNow, and serves a diverse clientele, including SAP Basis engineers and large enterprises across North America, Europe, and select Asia-Pacific markets. Avantra generates revenue primarily through subscription-based models for its automation and observability platforms tailored for SAP systems.
Clients engage in direct B2B transactions, subscribing to various product editions, including the Avantra Enterprise Edition and the Avantra Automation Edition. This pricing structure accommodates different service tiers and typically involves annual contracts to ensure ongoing access to Avantra's capabilities. Following the acquisition in October 2024, Avantra aims to bolster its resources and operational support within the enterprise software sector to meet its growth objectives. While specific upcoming product launches have not been disclosed, the company is expected to leverage the acquisition's resources to expand its presence in new markets.
Strategic plans may involve targeting additional regions to enhance its market reach.
Current Investors
Synova
Primary Industry
Software
Sub Industries
Monitoring & Security Software
Website
www.avantra.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Avantra - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Avantra | - | ||||||||
| Buyout | Completed | Avantra | - |
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.