Azets Opco Limited
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.
Azets Opco Limited - overview
Established
2016
Location
London, -, UK
Primary Industry
Software
About
Azets Opco Limited is a UK-based provider of accountancy and business advisory services, focusing on delivering tailored solutions to businesses across various sectors through specialized expertise and advanced technology. Founded in 2016 and headquartered in London, UK, Azets Opco Limited provides a range of accounting and business advisory services. The company has completed four deals, with the most recent deal occurring on June 19, 2023. Azets Opco Limited operates as part of a larger corporate structure but does not mention specifics regarding subsidiaries or parent companies.
Azets UK specializes in comprehensive accountancy and business advisory services, employing a mix of specialist expertise, advanced technology, and international resources. Their core offerings include advisory services in succession planning, pension re-evaluation, and assistance in navigating complex challenges like the agricultural crisis. With over 80,000 clients across diverse sectors, supported by over 4,000 local specialists at more than 70 locations, Azets focuses on delivering customized solutions to meet each client's unique needs. In the most recent fiscal year of 2023, Azets UK reported a revenue of USD 302.
52 mn and an EBITDA of USD 24. 44 mn. The company generates income primarily through fees for ongoing advisory services and accountancy functions, structured around fixed fee agreements or retainer contracts with B2B clients. Following the acquisition by PAI Partners on June 19, 2023, the firm aims to advance into its next growth phase.
The rationale for this acquisition indicates plans for the expansion of services and market reach. Specific upcoming initiatives or product launches have not been detailed, but the company is expected to leverage this investment for strategic growth in the UK and potentially explore new geographic markets as part of its long-term vision.
Current Investors
Primary Industry
Software
Sub Industries
Consulting Services, Human Resources Services, Accounting Services, Accounting/Finance Software
Website
www.azets.co.uk
Verticals
Cloud Computing, FinTech
Total Amount Raised
Subscriber access only
Azets Opco Limited - timeline of key events
Azets Opco Limited - financials
| Fiscal Year Ended | Jun 30, 2010 | Jun 30, 2011 | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 6,305,730 | 6,455,936 | 7,334,247 | 9,763,510 | 10,909,673 | 14,777,083 | 22,884,012 | - | 4,139,468 | 67,337,354 | 183,753,987 | 182,244,000 | 199,806,000 | - | - | - |
| % Revenue Growth (YoY) | - | 2.4% | 13.6% | 33.1% | 11.7% | 35.4% | 54.9% | - | - | 1526.7% | 172.9% | (0.8%) | 9.6% | - | - | - |
| EBITDA (USD) | 1,456,572 | 1,422,839 | 1,441,767 | 1,936,102 | 2,594,980 | 4,732,426 | 6,993,786 | (835,746) | (1,311,459) | 2,419,301 | (27,206,231) | 5,699,000 | 14,410,000 | - | - | - |
| Operating Income (USD) | 133,041 | 429,308 | 648,565 | 1,030,414 | 1,763,851 | 2,602,458 | 3,101,385 | (835,746) | (1,820,980) | (3,903,432) | (48,782,901) | (14,969,000) | (7,482,000) | - | - | - |
| Operating Margin | 2.1% | 6.6% | 8.8% | 10.6% | 16.2% | 17.6% | 13.6% | - | (44.0%) | (5.8%) | (26.5%) | (8.2%) | (3.7%) | - | - | - |
| % EBITDA Margin | 23.1% | 22.0% | 19.7% | 19.8% | 23.8% | 32.0% | 30.6% | - | (31.7%) | 3.6% | (14.8%) | 3.1% | 7.2% | - | - | - |
| NET Income (USD) | (136,720) | 151,008 | 240,561 | 374,918 | 983,889 | 1,654,465 | 1,705,599 | 2,295,613 | (4,540,411) | (10,154,039) | (43,460,336) | (29,275,000) | (20,392,000) | - | - | - |
| % Net Margin | (2.2%) | 2.3% | 3.3% | 3.8% | 9.0% | 11.2% | 7.5% | - | (109.7%) | (15.1%) | (23.7%) | (16.1%) | (10.2%) | - | - | - |
Azets Opco Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Alextra Group Limited | - | ||||||||
| Add-on | Announced | Evans Falco LLP | - | ||||||||
| Add-on | Completed | Ensors | - | ||||||||
| Add-on, Corporate Carve Out, Trade Sale | Completed | KPMG Sweden's Business Accounting Services | - | ||||||||
| Add-on | Completed | Laurus Associates Ltd | - |
Displaying 1 - 5 of 29
Azets Opco Limited - employee data
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.