Beecom AG

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.

Beecom AG - overview

Established

2000

Location

Zurich, -, Switzerland

Primary Industry

Software

About

Based in Switzerland, Beecom AG operates as a provider of comprehensive solutions focused on Atlassian software, enhancing collaboration and efficiency for organizations across various industries. Founded in 2000 and headquartered in Zurich, Switzerland, Beecom AG specializes in delivering tailored software solutions. In May 2021, the company was acquired by Eficode Oy, a portfolio company of Bocap, thereby facilitating a shift towards increased service capabilities in Atlassian software and Agile practices. Richard Bergmann serves as the CEO of Beecom AG.


Eficode Switzerland, formerly known as Beecom, specializes in providing comprehensive solutions centered around Atlassian software, enabling organizations to enhance their collaboration and operational efficiency. Their core offerings include a wide range of services such as consulting, training, and managed services tailored for Agile and DevOps practices. The company focuses on the design and implementation of software solutions that are customized to meet the specific needs of diverse industries and organizational sizes. Their clientele spans various sectors across Europe, including finance, manufacturing, telecommunications, and the public sector, demonstrating a strong commitment to delivering value-driven results.


The company emphasizes user-centric software development, ensuring that their solutions facilitate seamless workflows and robust information management. Eficode operates on a business model that centers around service-based revenue generation, particularly through consulting and managed services agreements. Their transactions typically involve direct engagements with organizations seeking to implement or optimize Agile and DevOps methodologies, often through subscription-based models for software support and training. Customers may enter into long-term partnerships that include ongoing technical support, software licenses, and customized training programs, creating a reliable revenue stream.


While specific pricing details for their offerings are not disclosed, their services are structured to cater to medium to large enterprises, ensuring that clients receive tailored solutions that drive productivity and innovation. This revenue structure is underscored by their extensive expertise in integrating software solutions like Jira, Confluence, and Bitbucket into clients' operations. Following the acquisition by Eficode Oy in May 2021, Beecom AG plans to enhance its service offerings to meet the growing demand for Atlassian software and cloud migration services. The company is expected to expand its presence in various European markets, capitalizing on Eficode's established network and expertise in Agile methodologies.


The funding from this acquisition will support Beecom's initiatives in product development and service enhancements, aligning with the increasing adoption of Agile and DevOps practices among businesses.


Current Investors

Appfire Technologies, LLC

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Systems Management Software

Website

www.beecom.ch

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Beecom AG - 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)
Add-on, Trade SaleCompletedBeecom AG-
Add-onCompletedBeecom AG-

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.