Challenge Group

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Challenge Group - overview

Established

2011

Location

Manchester, -, UK

Primary Industry

Business Support Services

About

Challenge Group specializes in providing advanced digital solutions that enhance operational efficiency and security for businesses across various sectors. Their offerings include comprehensive data management and analytics tools to streamline processes and improve decision-making. Founded in 2011 in Manchester, UK, Challenge Group operates with a focus on advanced digital solutions aimed at improving business efficiency. The company was established by Denis Sryvkin and is currently led by CEO Eshel Heffetz and Yossi Shoukroun.


Challenge Group has not undergone any significant pivots in business strategy since its inception. It operates from its headquarters in Manchester and does not have publicly known subsidiaries or parent companies. Challenge Group offers a wide array of innovative products and services tailored to address the complexities of modern problem-solving in various industries. Their core offerings are centered around digital solutions that enhance operational efficiency and security for businesses.


The company focuses on providing comprehensive data management and analytics tools that assist organizations in streamlining processes, improving decision-making, and gaining valuable insights. With a diverse client base across sectors such as finance, healthcare, and technology, Challenge Group empowers users with robust solutions that facilitate strategic planning. Their market reach extends internationally to clients in Europe, North America, and Asia. In the most recent fiscal year 2024, Challenge Group reported a revenue of USD 540.


61 mn and an EBITDA of USD 7. 96 mn. Their revenue model is built on subscription-based services and direct partnerships, with clients typically accessing their suite of digital tools through annual or monthly plans. This model emphasizes long-term client relationships, ensuring continuous updates and support as part of the service agreement.


Primary Industry

Business Support Services

Sub Industries

Consulting Services, Education & Training Services, Logistics & Distribution

Website

www.challengegrp.co.uk

Total Amount Raised

Subscriber access only

Challenge Group - timeline of key events

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Challenge Group - financials

Fiscal Year EndedMar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)21,809,09239,971,99039,230,19587,765,71393,775,909---
% Revenue Growth (YoY)-83.3%(1.9%)123.7%6.8%---
EBITDA (USD)846,367881,7151,387,9253,459,2584,227,046---
Operating Income (USD)401,75516,180478,2581,064,2332,349,305---
Operating Margin1.8%0.0%1.2%1.2%2.5%---
% EBITDA Margin3.9%2.2%3.5%3.9%4.5%---
NET Income (USD)(176,424)(320,383)(199,713)(221,437)841,707---
% Net Margin(0.8%)(0.8%)(0.5%)(0.3%)0.9%---

Challenge Group - 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)
Private DebtCompletedChallenge TRG Group-

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Challenge Group - employee data

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