Avit Group BV
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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

Avit Group BV - financials
| Fiscal Year Ended | 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) | - | - | - | - | 64,161,206 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 1,322,507 | 1,569,308 | 1,844,392 | 3,543,755 | 6,165,207 | - | - | - |
| Operating Income (USD) | 789,193 | 989,184 | 910,308 | 2,357,654 | 4,729,546 | - | - | - |
| Operating Margin | - | - | - | - | 7.4% | - | - | - |
| % EBITDA Margin | - | - | - | - | 9.6% | - | - | - |
| NET Income (USD) | 508,040 | 706,499 | 562,841 | 1,666,004 | 3,393,216 | - | - | - |
| % Net Margin | - | - | - | - | 5.3% | - | - | - |
Avit Group BV - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Avit Group BV, Wingmen Solutions A/S | - | ||||||||
| Buyout | Completed | Avit Group BV | - |
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Avit Group BV - employee data


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