Frontmatec Hygiene GmbH
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Frontmatec Hygiene GmbH - overview
Established
1990
Location
Beckum, -, Germany
Primary Industry
Industrial Machinery
About
Frontmatec Hygiene GmbH specializes in hygiene and disinfection systems, providing tailored solutions for the food processing, healthcare, and public sectors to ensure high hygiene standards. Founded in 1990 and headquartered in Beckum, Germany, Frontmatec Hygiene GmbH offers advanced hygiene solutions. The company was acquired by Axcel in July 2016 from Via Equity, which led to its integration into the Frontmatec Group ApS along with other subsidiaries. The founder's history is not publicly documented, and there have been no significant pivots or changes in business strategy since its formation.
ITEC Hygiene Solutions provides a comprehensive array of hygiene and disinfection systems tailored for various sectors including food processing, healthcare, and public organizations. Their core products include modular cleaning and disinfection solutions, ergonomic assist systems, and complete hygiene sluices designed for environments demanding stringent hygiene standards. The offerings are engineered for specific applications such as maintaining cleanliness in food preparation areas and enhancing personnel hygiene, serving a diverse clientele across Europe, the Americas, and Asia. In 2022, Frontmatec Hygiene GmbH reported a revenue of USD 13.
52 mn and an EBITDA of USD 587,399. The company generates revenue through B2B transactions involving direct sales and consulting services, ensuring tailored hygiene solutions for clients, which include both large industrial customers and smaller businesses. The acquisition by Axcel in July 2016 is set to support Frontmatec Hygiene GmbH's growth strategy, although specific upcoming product launches have not been disclosed. The company aims to expand its market presence further, focusing on new geographic regions, although specific locations and timelines for expansion have not been publicly shared.
Recent investments will be utilized to enhance operational capabilities and support the development of innovative hygiene solutions tailored to evolving market demands.
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.itec.de
Verticals
Manufacturing
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Frontmatec Hygiene GmbH - timeline of key events
Frontmatec Hygiene GmbH - 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | 30,766,000 | 27,523,000 | 15,462,000 | 16,117,000 | 15,373,000 | 15,275,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | (10.5%) | (43.8%) | 4.2% | (4.6%) | (0.6%) | - | - | - |
| EBITDA (USD) | 889,303.1 | 608,809.5 | 345,206.8 | (2,420) | 1,074,041.6 | 371,164.8 | (61,954.2) | 1,646,011.4 | 595,838.2 | 1,206,128.6 | 1,158,876.5 | - | - | - |
| Operating Income (USD) | 749,947.6 | 496,682.9 | 250,941.2 | (130,663.2) | 918,169.9 | 180,505.9 | (196,005.2) | 1,547,632.7 | 258,285.6 | 1,141,542.3 | 1,103,449.2 | - | - | - |
| Operating Margin | - | - | - | - | - | 0.6% | (0.7%) | 10.0% | 1.6% | 7.4% | 7.2% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | 1.2% | (0.2%) | 10.6% | 3.7% | 7.8% | 7.6% | - | - | - |
| NET Income (USD) | 480,104 | 315,974.7 | 139,233.7 | (105,926.9) | 668,844 | 165,650.7 | (285,269.1) | 1,071,500.1 | 102,784.7 | 761,957.8 | 890,728.6 | - | - | - |
| % Net Margin | - | - | - | - | - | 0.5% | (1.0%) | 6.9% | 0.6% | 5.0% | 5.8% | - | - | - |
Frontmatec Hygiene GmbH - 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 | Frontmatec Hygiene GmbH | - | ||||||||
| Growth | Completed | Frontmatec Hygiene GmbH | - |
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Frontmatec Hygiene GmbH - employee data
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