Avit Group BV

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.

Avit Group BV - overview

Established

2002

Location

Vianen, -, Netherlands

Primary Industry

IT Infrastructure

About

Based in the Netherlands, Avit Group BV specializes in delivering integrated network infrastructures that connect people, processes, devices, and data, ensuring seamless business operations and enhanced security. Avit Group BV, founded in 2002 in Vianen, Netherlands, operates as a network integrator and managed service provider. The company has engaged in two significant deals, with the most recent transaction being a merger with Wingmen Solutions A/S in March 2022, aimed at bolstering its standing as a Cisco and Microsoft Gold Partner. Avit specializes in creating comprehensive network infrastructures that interconnect people, processes, devices, data, and software to ensure business continuity.


Their core offerings as a network integrator and managed service provider focus on enhancing security, productivity, connectivity, and user-friendliness. Avit caters to a diverse clientele, including government institutions, healthcare providers, and businesses across various sectors. By integrating hardware and software to work seamlessly together, Avit simplifies IT infrastructure, making it more manageable and secure. Their services are designed to assist clients in achieving their business goals through innovative solutions, and they serve markets primarily in the Netherlands, Belgium, and Portugal.


In the most recent year of 2023, Avit reported a revenue of USD 16. 13 mn, with an EBITDA of USD -935,267. The company generates revenue through managed services and network integration solutions, predominantly utilizing a business-to-business (B2B) model, where clients engage Avit through subscription-based partnerships tailored to specific organizational needs. Avit Group BV aims to leverage the recent merger with Wingmen Solutions A/S to enhance its capabilities and offerings.


This merger, finalized in March 2022, is intended to fortify the company's position as a Cisco and Microsoft Gold Partner. Future strategies include the design and launch of new cybersecurity products and expanding its reach into additional European markets, specifically targeting areas within Belgium and Portugal by the end of 2024.


Current Investors

Quadrum Capital, Avit Group BV / Wingmen Solutions A/S

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure, Application Integration Software, Monitoring & Security Software, Systems Management Software

Website

www.avitgroup.com

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Avit Group BV - timeline of key events

Blurred Background

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

Avit Group BV - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)----64,161,206---
% Revenue Growth (YoY)--------
EBITDA (USD)1,322,5071,569,3081,844,3923,543,7556,165,207---
Operating Income (USD)789,193989,184910,3082,357,6544,729,546---
Operating Margin----7.4%---
% EBITDA Margin----9.6%---
NET Income (USD)508,040706,499562,8411,666,0043,393,216---
% Net Margin----5.3%---

Avit Group BV - 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)
MergerCompletedAvit Group BV, Wingmen Solutions A/S-
BuyoutCompletedAvit Group BV-

Displaying 1 - 2 of 2

Avit Group BV - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

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.