Cybercom Group AB

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Cybercom Group AB - overview

Established

1995

Location

Stockholm, -, Sweden

Primary Industry

IT Infrastructure

About

Cybercom Group AB is a consulting firm based in Stockholm, Sweden, specializing in digital transformation services aimed at helping businesses enhance operational efficiency and customer engagement through advanced technology solutions. Founded in 1995 and headquartered in Stockholm, Sweden, Cybercom Group AB provides digital consulting services to various sectors. It was acquired by Knowit AB on May 5, 2021, in a Trade Sale valued at SEK 2. 2 billion, consisting of SEK 442 million in cash and shares.


The founders include Aziz R, Peter Kay, and Stephen Afotey-Lord. The CEO is Marvin Yee. Cybercom Group AB specializes in digital transformation consulting, offering services such as digital strategy formulation, user experience design, and systems integration. They provide tailored solutions in data analytics and cloud services to enhance operational efficiencies for sectors like manufacturing, finance, energy, and public services, with clients including Norrmejerier and the Swedish Armed Forces.


In 2023, Cybercom Group AB reported a revenue of SEK 152,119. 9 mn and an EBITDA of SEK 296,330. 9 in the same year, generating income primarily through consulting fees and project-based contracts with a focus on B2B engagements. With the recent acquisition by Knowit AB, Cybercom Group AB aims to expand its market presence across the Nordic region and into other European countries.


The SEK 2. 2 billion from the recent Trade Sale will enhance their digital transformation initiatives and support new product launches, although specific upcoming products have yet to be detailed.


Current Investors

Tequity AB, JCE Group

Primary Industry

IT Infrastructure

Sub Industries

Consulting Services, IT Infrastructure, IT Security/Cybersecurity

Website

www.cybercom.com

Total Amount Raised

Subscriber access only

Cybercom Group AB - 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)
Trade SaleCompletedCybercom Group AB-
LP Direct, Trade SaleCompletedCybercom Group AB-
Public to PrivateCompletedCybercom Group AB-
Trade SaleCompletedPlenware Oy-

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