EET Group A/S
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EET Group A/S - overview
Established
1986
Location
-, -, Denmark
Primary Industry
Logistics & Distribution
About
Based in Denmark, EET Group A/S operates as a value-added IT distributor, specializing in a comprehensive range of products and solutions tailored for various sectors including healthcare, retail, and logistics. EET Group A/S is engaged in the distribution of IT products and solutions, established in 1986 and headquartered in Denmark. In November 2021, Pamplona Capital Management acquired a majority stake in EET Group A/S from FSN Capital. The firm has undertaken 6 deals to date, with the latest funding round being a SECONDARY BUYOUT amounting to DKK 1200.
00 mn, aimed at accelerating company growth through both organic opportunities and acquisitions. The company was founded by individuals whose information is not disclosed. EET Group operates as a value-added IT distributor, offering more than 1. 2 million products from over 1,100 brands, including server components, computer parts, ProAV solutions, surveillance systems, and consumer electronics.
Catering to a B2B reseller network of over 30,000 across 23 European markets, EET Group facilitates efficient operations through next-day delivery across more than 70 countries, supported by innovative digital tools and effective supply chain solutions. EET Group reported a revenue of DKK 441,206,929. 40 for the year 2023. The company achieved an EBITDA of DKK -2,656,992.
40 for the same period. Its revenue is generated through transactional sales in the IT products distribution sector, with a vast inventory supporting local sales offices that enable immediate product shipments. EET Group plans to leverage its recent SECONDARY BUYOUT funding to enhance its growth trajectory through new product launches and geographic expansions. The acquisition is expected to support organic growth and potential acquisitions in the coming years.
The firm aims to introduce new product lines and expand into additional European markets, although specific regions and release dates have not been disclosed.
Current Investors
Pamplona Capital Management
Primary Industry
Logistics & Distribution
Sub Industries
BPO Services, Computer & Office Equipment Distributors, Web Development
Website
www.eetgroup.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
EET Group A/S - timeline of key events
EET Group A/S - financials
| Fiscal Year Ended | Jun 30, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 627,842,000 | 1,245,222,000 | 1,036,090,000 | 1,170,099,000 | 1,228,652,000 | 1,720,367,000 | 1,503,482,000 | 1,955,578,000 | 2,153,298,000 | 2,098,316,000 | 3,291,318,000 | 2,853,840,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 12.9% | 5.0% | 40.0% | (12.6%) | 30.1% | 10.1% | (2.6%) | 56.9% | (13.3%) | - | - | - |
| EBITDA (USD) | 7,782,000 | 22,961,000 | 16,023,000 | 11,058,000 | 25,886,000 | 293,000 | 20,645,000 | 44,457,000 | 27,114,000 | 16,149,000 | 290,772,000 | 47,371,000 | - | - | - |
| Operating Income (USD) | 6,310,000 | 17,137,000 | 11,098,000 | 5,802,000 | 21,024,000 | (4,675,000) | 13,177,000 | 36,296,000 | 17,168,000 | 7,269,000 | 190,646,000 | 33,173,000 | - | - | - |
| Operating Margin | 1.0% | 1.4% | 1.1% | 0.5% | 1.7% | (0.3%) | 0.9% | 1.9% | 0.8% | 0.3% | 5.8% | 1.2% | - | - | - |
| % EBITDA Margin | 1.2% | 1.8% | 1.5% | 0.9% | 2.1% | 0.0% | 1.4% | 2.3% | 1.3% | 0.8% | 8.8% | 1.7% | - | - | - |
| NET Income (USD) | 6,071,000 | 14,393,000 | 65,963,000 | 57,798,000 | 85,267,000 | 13,141,000 | 38,962,000 | 35,286,000 | 22,348,000 | 46,290,000 | 83,771,000 | 138,024,000 | - | - | - |
| % Net Margin | 1.0% | 1.2% | 6.4% | 4.9% | 6.9% | 0.8% | 2.6% | 1.8% | 1.0% | 2.2% | 2.5% | 4.8% | - | - | - |
EET Group A/S - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | EET Group A/S | - | ||||||||
| Secondary Buyout | Completed | EET Group A/S | - | ||||||||
| Secondary Buyout | Completed | EET Group A/S | - | ||||||||
| Secondary Buyout | Completed | EET Group A/S | - | ||||||||
| Secondary Buyout | Completed | EET Group A/S | - |
Displaying 1 - 5 of 6
EET Group A/S - employee data
EET Group A/S - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member - Audit and Compensation Committees | BM | ||||||
| Chairman of the board | BM | ||||||
| Member Board Of Directors | BM |
BM Board Member
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