clckwrk Limited
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clckwrk Limited - overview
Established
2011
Location
London, England, UK
Primary Industry
IT Infrastructure
About
Based in London, UK, clckwrk Limited specializes in cloud solutions that facilitate IT transformation and enhance business operations, serving a diverse range of sectors. clckwrk Limited, founded in 2011 in London, UK, focuses on providing cloud solutions designed for IT transformation. The company underwent a significant merger in March 2020, merging with Remote DBA Experts, LLC, ClearDB, Inc. , and Navisite, LLC, to operate under the Navisite brand.
This strategic move intended to expand their service offerings and market reach. The firm has successfully completed 2 deals since its inception. clckwrk Limited, as part of Navisite, offers a comprehensive suite of cloud solutions including managed AWS services, cloud migration solutions, and optimization services. Their offerings cater to a wide range of industries, enabling effective cloud strategies and seamless migrations for both large enterprises and emerging startups.
This company primarily markets its services across North America, Europe, and parts of Asia, striving to enhance their clients' AWS investments through tailored expertise. In 2023, clckwrk Limited reported a revenue of USD 54. 39 mn, with an EBITDA of USD 5. 68 mn, generated through structured B2B transactions that focus on managed services and cloud solutions provided on a subscription basis.
Following the merger in March 2020, clckwrk Limited plans to leverage recent funding to expand its market presence and enhance its product offerings. The company aims to introduce new cloud solutions and services targeting emerging markets in Europe and Asia by 2024. The strategic utilization of funding is expected to support these initiatives, allowing the company to further enhance its capabilities and client engagement.
Current Investors
Navisite, LLC
Primary Industry
IT Infrastructure
Sub Industries
Offshore IT Services/IT Outsourcing, IT Infrastructure
Website
www.clckwrk.com/
Verticals
Cloud Computing
Company Stage
Merged
Total Amount Raised
Subscriber access only
clckwrk Limited - timeline of key events
clckwrk Limited - 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 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,022,131 | 3,587,067 | - | 24,582,341 | - | - | - |
| % Revenue Growth (YoY) | - | 77.4% | - | - | - | - | - |
| EBITDA (USD) | 284,939 | 338,619 | - | 4,666,711 | - | - | - |
| Operating Income (USD) | 279,298 | 325,620 | - | 3,528,605 | - | - | - |
| Operating Margin | 13.8% | 9.1% | - | 14.4% | - | - | - |
| % EBITDA Margin | 14.1% | 9.4% | - | 19.0% | - | - | - |
| NET Income (USD) | 245,798 | 166,733 | - | 3,528,605 | - | - | - |
| % Net Margin | 12.2% | 4.6% | - | 14.4% | - | - | - |
clckwrk 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | clckwrk Limited, ClearDB, Inc., Remote DBA Experts, LLC | - | ||||||||
| Add-on | Completed | clckwrk Limited | - |
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clckwrk Limited - employee data
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