Chilit Oy
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Chilit Oy - overview
Established
2016
Location
Helsinki, -, Finland
Primary Industry
IT Infrastructure
About
Chilit Oy is a digital solutions provider specializing in innovative software applications that enhance operational efficiency and user experiences for small to medium-sized enterprises (SMEs). Founded in 2016 and headquartered in Helsinki, Finland, Chilit Oy focuses on delivering digital solutions tailored for SMEs. The company underwent a merger with G7 Data Oy in June 2016. In March 2019, Chilit Oy was acquired by Dustin Group AB from Sentica Partners, with the deal expected to finalize within 30 days.
Kimmo Juuti serves as CEO. Chilit Oy specializes in innovative digital solutions aimed at streamlining operations across various sectors. Its software applications cater to small and medium-sized enterprises, addressing challenges like workflow automation, customer relationship management, and data analytics. The company's products are deployed in North America, Europe, and parts of Asia, benefiting diverse clients from retail to service industries by enhancing productivity and decision-making capabilities.
In the most recent fiscal year of 2022, Chilit Oy reported a revenue of USD 23. 76 mn and an EBITDA of USD 402,418, with a business model centered on subscription-based services that support ongoing client relationships. Chilit Oy's growth strategy includes the development of new software products, with plans for expansion into additional geographic regions. The company aims to enhance its market presence through targeted initiatives following its acquisition by Dustin Group AB.
Recent funding will support these growth initiatives, although specific product launch timelines and geographical details have not been disclosed.
Primary Industry
IT Infrastructure
Sub Industries
Consulting Services, Offshore IT Services/IT Outsourcing, IT Infrastructure
Website
www.chilit.fi
Verticals
Cloud Computing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Chilit Oy - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Chilit Oy | - | ||||||||
| Buyout | Completed | Chilit Oy | - |
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