Globema

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Globema - overview

Established

1997

Location

-, -, Poland

Primary Industry

Software

About

Globema, founded in 1997 and based in Poland, specializes in advanced network asset management and geospatial analytics solutions, primarily serving the telecommunications, energy, and utility sectors. Globema offers comprehensive solutions designed for the management and optimization of network assets. The company was founded in 1997 and has remained focused on delivering technology-driven insights to its clients. The firm is based in Warsaw, Poland.


In June 2022, a majority stake in Globema was acquired by Avallon along with the management team, although the financial terms were not disclosed. Globema specializes in providing advanced solutions for network asset management, data processing, and geospatial analytics primarily targeting the telecommunications, energy, and utility industries. Their core offerings include digital asset modeling, network design automation, field service management, and the integration of Artificial Intelligence and Machine Learning technologies. Specifically, their flagship products like GlobIQ—designed for data collection and maintenance—allow clients to create and manage comprehensive digital models of their infrastructure, while NetVersant Designer accelerates the network design process.


The company serves approximately 800 clients globally, including major industry players as well as various utility providers. Globema's revenue structure is primarily derived from B2B transactions, engaging with telecommunications and utility companies for subscription-based services, software licenses, and technical support. In 2023, the company achieved a revenue of USD 19. 82 mn and an EBITDA of USD 3.


75 mn. Clients typically enter into agreements for the deployment of solutions like GeoTask and GeoTraxx, which facilitate real-time management of field crews and route optimization, respectively. Revenue is generated through annual subscriptions that cover access to software tools and ongoing technical assistance. Globema is focused on expanding its product offerings and market reach.


The company is developing new solutions aimed at enhancing its service capabilities, with plans to launch these products in 2024. Additionally, there are initiatives in place to penetrate new geographic regions including Western Europe and North America by 2025. The recent majority acquisition by Avallon will support these growth strategies by providing necessary resources and funding for expansion and product development.


Current Investors

Primary Industry

Software

Sub Industries

Software

Website

www.globema.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Globema - timeline of key events

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Globema - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)42,624,630.247,943,759.551,449,852---
% Revenue Growth (YoY)-12.5%7.3%---
EBITDA (USD)9,078,477.59,412,516.38,117,458.7---
Operating Income (USD)8,073,968.48,549,245.77,357,359.9---
Operating Margin18.9%17.8%14.3%---
% EBITDA Margin21.3%19.6%15.8%---
NET Income (USD)6,984,493.27,792,820.57,249,969.5---
% Net Margin16.4%16.3%14.1%---

Globema - 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)
BuyoutCompletedGlobema-

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Globema - employee data

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