HKBN Enterprise Solutions Limited
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HKBN Enterprise Solutions Limited - overview
Established
1992
Location
Hong Kong, -, Hong Kong SAR - China
Primary Industry
Telecoms
About
HKBN Enterprise Solutions is a Hong Kong-based provider of comprehensive ICT solutions that facilitate digital transformation for enterprises across various sectors. Founded in 1992 in Hong Kong, HKBN Enterprise Solutions specializes in Information and Communication Technology services. In 2016, the company was acquired by MBK Partners and TPG for USD 1,220 mn, marking a significant strategic shift in its operational focus. The company operates primarily within Hong Kong and Mainland China, aligning its services with the needs of diverse industries.
The acquisition of Wharf T&T Ltd expanded its service capabilities, indicating a robust growth strategy. The CEO's current details are not available. HKBN Enterprise Solutions (HKBNES) offers a wide array of ICT solutions designed to assist enterprises in their digital transformation journeys. Core services include connectivity options like MetroNet and Business Broadband, alongside cybersecurity solutions, unified communications, and cloud infrastructure management.
Targeting various sectors such as banking, healthcare, education, and retail, HKBNES enhances operational efficiency and ensures secure communications through its advanced tri-carrier powered fibre optic network. HKBNES generates revenue through a combination of subscription-based services and project engagements, focusing on enterprise clients. Revenue streams arise from managed services, hardware maintenance, and tailored technical support packages. These services are typically billed on a recurring monthly basis, facilitating B2B partnerships that optimize digital infrastructure for clients.
HKBNES plans to leverage recent funding from the acquisition to expand its service offerings and market presence. Following the completion of the acquisition in November 2016, the company will focus on launching new ICT products tailored to evolving enterprise needs. Additionally, HKBNES aims to expand into new markets, particularly in Southeast Asia, to enhance its geographical reach by 2025. This strategic direction will utilize the resources from the USD 1,220 mn acquisition to support product development and market entry initiatives.
Primary Industry
Telecoms
Sub Industries
Information Services, Telecoms Providers & Services
Website
www.hkbnes.com/
Verticals
Cloud Computing
Company Stage
Buyout
Total Amount Raised
Subscriber access only
HKBN Enterprise Solutions Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | HKBN Enterprise Solutions Limited | - |
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