Kelvin Hughes
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Kelvin Hughes - overview
Established
1941
Location
Enfield, -, UK
Primary Industry
Defence
About
Kelvin Hughes is a specialized provider of advanced navigation and surveillance solutions, primarily focusing on maritime and defense sectors, delivering innovative technologies to enhance safety and operational efficiency. Founded in 1941 in Enfield, UK, Kelvin Hughes specializes in navigation and surveillance technology. The company was acquired by Hensoldt in June 2017, following the sale of its subsidiary, ChartCo, to Equistone Partners Europe for GBP 55 million in June 2016. Kelvin Hughes has successfully completed three deals since its inception.
Kelvin Hughes develops and delivers innovative digital solutions designed to enhance operational efficiency across various sectors. Their core offerings include a comprehensive suite of software applications that streamline project management, improve collaboration, and automate routine tasks, thus addressing industry-specific challenges such as resource allocation and performance tracking. The company serves a diverse client base, including small businesses and large enterprises, across North America, Europe, and parts of Asia, integrating user-friendly interfaces and robust analytics into their products to improve operational performance. In 2023, Kelvin Hughes reported a revenue of GBP 27,723,582.
30, with an EBITDA of GBP -1,691,751. 80. Revenue generation is primarily through a subscription-based model that offers clients various pricing plans, allowing for scalability and accessibility based on organizational size. Kelvin Hughes plans to expand its product offerings and market presence.
Recent funding from the Secondary Buyout in June 2017 will be utilized to develop new products and enhance existing technologies. The company is targeting specific international markets for expansion, with initiatives aimed at reaching broader geographical regions by 2025, further increasing its client base and service capabilities.
Primary Industry
Defence
Sub Industries
Defence, Electronic Components, Monitoring & Security Software
Website
www.kelvinhughes.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Kelvin Hughes - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Kelvin Hughes | - | ||||||||
| Secondary Buyout | Completed | Kelvin Hughes | - | ||||||||
| Add-on | Completed | Regs4ships | - | ||||||||
| Buyout | Completed | Kelvin Hughes | - |
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