internet24 GmbH

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internet24 GmbH - overview

Established

1997

Location

Dresden, -, Germany

Primary Industry

Internet

About

internet24 GmbH is a German company specializing in high-quality networking hardware, particularly WLAN routers designed for enhanced wireless connectivity in residential and commercial settings. Founded in Dresden, Germany, internet24 GmbH focuses on providing networking hardware solutions. The company was acquired by Intergenia, a portfolio company of Oakley Capital, in July 2013, although financial terms were not disclosed. internet24.


de specializes in providing a range of high-quality networking hardware products, with a primary focus on WLAN routers. Their core offerings include various models such as the AVM FRITZ! Box series, including the latest Wi-Fi 7 and Wi-Fi 6 routers, designed to enhance wireless connectivity for both residential and commercial users. These routers are engineered to support high-speed internet access and seamless connectivity for multiple devices, catering to the growing demands for reliable home and office networking solutions.


The company serves a diverse customer base that includes individual consumers, small and medium-sized enterprises (SMEs), and large organizations across various geographical markets, including Germany, Austria, and Switzerland. Each product is intended to address specific use cases such as improving internet speed, expanding coverage, and facilitating smart home integrations, reflecting the company's commitment to meeting the evolving needs of its users. The revenue model of internet24. de is structured around direct-to-consumer sales, primarily through their online platform, where they offer a variety of networking products at competitive prices.


Transactions are executed on a per-item basis, where customers can purchase individual routers or bundled packages that may include additional accessories such as repeaters or mesh systems. The pricing for their flagship products, such as the AVM FRITZ! Box series, varies based on the model and features, catering to different segments of the market from budget-conscious consumers to those seeking high-performance solutions. The company benefits from a streamlined order fulfillment process, ensuring timely delivery to customers, which bolsters customer satisfaction and retention.


Through this structured transaction approach, internet24. de effectively generates revenue while maintaining a robust product catalog to meet diverse consumer needs. As of July 2013, following its acquisition by Intergenia, internet24 GmbH is poised for future growth by focusing on the launch of new products, particularly advanced models of the AVM FRITZ! Box series to meet evolving consumer needs.


The company plans to expand its presence in new markets beyond Germany, Austria, and Switzerland, although specific regions and timelines for these expansions are not detailed. The recent acquisition and strategic plans aim to leverage Intergenia's resources to enhance product offerings and market reach.


Current Investors

Intergenia

Primary Industry

Internet

Sub Industries

Website Hosting, Internet Service Providers, Cable Service Providers

Website

www.internet24.de

Company Stage

Add-on

Total Amount Raised

Subscriber access only

internet24 GmbH - financials

Fiscal Year EndedDec 31, 2011Dec 31, 2012Dec 31, 2013
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internet24 GmbH - 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)
Add-onCompletedinternet24 GmbH-

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internet24 GmbH - employee data

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