Firecon Oy
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Firecon Oy - overview
Established
1980
Location
Lahti, -, Finland
Primary Industry
Business Support Services
About
Firecon Oy specializes in advanced fire suppression systems, providing essential solutions for fire safety in various industries. The company focuses on innovative fire detection and extinguishing technologies tailored to meet diverse client needs. Firecon Oy, founded in 1980 and headquartered in Lahti, Finland, designs and manufactures fire suppression systems. The firm has completed a total of 3 deals, with the most recent deal occurring on October 24, 2023.
Firecon Group Oy specializes in advanced fire suppression systems, offering a range of fire detection and extinguishing solutions. Their products are engineered for commercial, industrial, and specialized sectors including transportation and logistics. Firecon’s systems ensure safety and compliance with regulations, serving clients across Europe and beyond, from large corporations to small enterprises. In 2022, Firecon Group Oy reported a revenue of USD 18.
46 mn and an EBITDA of USD 774,947. 9, reflecting its business model that includes direct sales and installation of fire suppression systems, complemented by service contracts and maintenance agreements. Following its acquisition by Writech Industrial Services Ltd on October 24, 2023, Firecon Oy is poised for strategic expansion. The company plans to develop and launch new fire suppression products tailored to meet emerging market needs.
Additionally, there are initiatives to expand into new geographic markets, targeting specific regions by the end of the next fiscal year, utilizing recent funding to support these growth strategies.
Current Investors
Evolver Equity
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Engineering
Website
www.firecon.fi
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Firecon Oy - timeline of key events
Firecon Oy - financials
| Fiscal Year Ended | Dec 31, 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 | Jun 30, 2024 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 8,179,269.3 | 15,370,434.9 | 23,002,621.2 | 19,363,637.7 | 19,450,391.9 | 21,042,381.9 | 20,952,073.5 | 22,398,153.6 | 17,991,452.2 | 16,155,234.9 | 17,688,179.2 | 14,062,326.5 | 17,519,955 | - | - | - |
| % Revenue Growth (YoY) | - | 87.9% | 49.7% | (15.8%) | 0.4% | 8.2% | (0.4%) | 6.9% | (19.7%) | (10.2%) | 9.5% | (20.5%) | 24.6% | - | - | - |
| EBITDA (USD) | 952,370.3 | 1,812,848.3 | 2,327,128.6 | 582,307.5 | 895,765.4 | 1,253,623.2 | 216,759.3 | 1,363,482.6 | 289,010.4 | (1,851,348.4) | 975,834 | (534,813.5) | 735,385 | - | - | - |
| Operating Income (USD) | 469,172.1 | 1,063,192.7 | 1,354,293.6 | (415,244.5) | (187,968.7) | 206,429.6 | (845,056.5) | 406,526.1 | (361,647.1) | (2,460,591.2) | 567,255.7 | (824,157.2) | 561,881.7 | - | - | - |
| Operating Margin | 5.7% | 6.9% | 5.9% | (2.1%) | (1.0%) | 1.0% | (4.0%) | 1.8% | (2.0%) | (15.2%) | 3.2% | (5.9%) | 3.2% | - | - | - |
| % EBITDA Margin | 11.6% | 11.8% | 10.1% | 3.0% | 4.6% | 6.0% | 1.0% | 6.1% | 1.6% | (11.5%) | 5.5% | (3.8%) | 4.2% | - | - | - |
| NET Income (USD) | (200,114.6) | 313,891.4 | 460,065.2 | (961,547) | (734,681) | (291,673.7) | (1,059,518.6) | (65,594.1) | (528,344.1) | (2,614,251.8) | 363,820.9 | (1,053,675.3) | 289,228.7 | - | - | - |
| % Net Margin | (2.4%) | 2.0% | 2.0% | (5.0%) | (3.8%) | (1.4%) | (5.1%) | (0.3%) | (2.9%) | (16.2%) | 2.1% | (7.5%) | 1.7% | - | - | - |
Firecon 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Firecon Oy | - |
Displaying 1 - 1 of 1
Firecon Oy - employee data
Firecon Oy - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Board | BM |
BM Board Member
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