HMM Deutschland GmbH
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HMM Deutschland GmbH - overview
Established
2006
Location
Moers, -, Germany
Primary Industry
Healthcare IT
About
HMM Deutschland GmbH is a digital solutions provider focused on enhancing efficiency in the healthcare sector through innovative software development for health services and administrative processes. Founded in 2006, HMM Deutschland GmbH operates out of Moers, Germany, providing digital solutions specifically tailored for the healthcare industry. The company was established by Istok Kespret and has been involved in two deals, the most recent being in April 2012. Istok Kespret continues to serve as CEO, along with Marcus Jochim and Michael Bohl.
HMM Deutschland GmbH specializes in digital solutions for the healthcare sector, focusing on software development that enhances operational efficiency. Key offerings include the Zentrale Healthcare Plattform "ZHP. X3," a management system for healthcare providers, and the "LEOS" suite for billing and payments across various healthcare entities. The company also develops automated patient care solutions, including mobile applications for real-time data management, serving over 10,000 healthcare providers in Germany.
In 2021, HMM Deutschland GmbH reported revenue of USD 31. 87 mn, while its EBITDA for the year 2022 was USD 3. 99 mn. The company generates revenue through a business-to-business model, partnering with health insurance companies and healthcare providers via subscription and contractual agreements.
HMM Deutschland GmbH plans to launch new products aimed at further integrating technology in patient care and administrative processes, although specific release dates are not provided. The company is also looking to expand its market reach within Germany and potentially into other European markets by 2025. The minority stake acquisition by Deutsche Telekom Capital Partners in April 2012 is expected to support these growth initiatives, although specific financial terms were not disclosed.
Current Investors
Digital Transformation Capital Partners (“DTCP”)
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT
Website
www.hmmdeutschland.de
Verticals
FinTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
HMM Deutschland GmbH - timeline of key events
HMM Deutschland 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 9,240,000 | 13,313,672.1 | 13,960,000 | 15,260,000 | 16,470,000 | 18,200,000 | 18,350,000 | 21,580,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 44.1% | 4.9% | 9.3% | 7.9% | 10.5% | 0.8% | 17.6% | - | - | - |
| EBITDA (USD) | - | - | 1,041,629.9 | (1,331,270.6) | 102,524.3 | 2,453,661 | 2,297,904.8 | 2,847,748.6 | 3,089,865.4 | 4,596,515.1 | - | - | - |
| Operating Income (USD) | - | - | (43,342) | (2,582,845) | (1,910,970.3) | (136,921.2) | (213,947.5) | (334,629.3) | (1,002,093.2) | 1,724,736.5 | - | - | - |
| Operating Margin | - | - | (0.5%) | (19.4%) | (13.7%) | (0.9%) | (1.3%) | (1.8%) | (5.5%) | 8.0% | - | - | - |
| % EBITDA Margin | - | - | 11.3% | (10.0%) | 0.7% | 16.1% | 14.0% | 15.6% | 16.8% | 21.3% | - | - | - |
| NET Income (USD) | 432,955.2 | 839,425.6 | (60,439.3) | (1,976,745.3) | (1,678,446.3) | (625,242.9) | (192,465.6) | (326,543.6) | (994,636.2) | 1,683,357.3 | - | - | - |
| % Net Margin | - | - | (0.7%) | (14.8%) | (12.0%) | (4.1%) | (1.2%) | (1.8%) | (5.4%) | 7.8% | - | - | - |
HMM Deutschland 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | HMM Deutschland GmbH | - | ||||||||
| Buyout | Completed | HMM Deutschland GmbH | - |
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HMM Deutschland GmbH - employee data
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