Kibo Sikring A/S
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Kibo Sikring A/S - overview
Established
1966
Location
-, -, Denmark
Primary Industry
Consumer Products
About
Kibo Sikring A/S, based in Denmark, specializes in providing comprehensive security solutions, focusing on mechanical security products and electronic monitoring systems tailored for businesses, institutions, and public areas. Kibo Sikring A/S is a security solutions provider established in 1966 in Denmark. The company has not undergone any notable pivots or changes in strategy since its inception. It operates independently and does not have any subsidiaries.
The firm has been involved in 2 funding deals, with the most recent deal occurring on August 23, 2023. Kibo Sikring specializes in comprehensive security solutions tailored for a diverse clientele. Their offerings include mechanical security products such as fences, gates, bollards, and barriers, alongside electronic monitoring solutions like video surveillance, alarm systems, and access control. The company primarily serves clients in Denmark and other European markets, ensuring compliance with local regulations while addressing varied security challenges.
In the most recent year, Kibo Sikring reported a revenue of USD 16. 98 mn and an EBITDA of USD 4. 93 mn. Revenue is generated through direct sales and service agreements, emphasizing B2B interactions where contracts are made with institutions to acquire bespoke security solutions, including ongoing maintenance and support.
In August 2023, Kibo Sikring A/S was fully acquired by Garda Sikring AS, a portfolio company of EMK Capital, although the financial terms were not disclosed. This acquisition aims to enhance Garda Sikring AS' position within the Nordic security solutions market. Future plans have not been explicitly detailed, but the acquisition indicates a strategy towards growth by leveraging the existing capabilities of Kibo Sikring in the security domain.
Current Investors
Executive Capital
Primary Industry
Consumer Products
Sub Industries
Equipment Rental & Leasing, Consumer Electronics, Computer & Related Peripherals, Analytics & Performance Software, Systems Management Software
Website
www.kibosikring.dk
Verticals
IoT (Internet of Things), Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Kibo Sikring A/S - 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 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 85,147,642 | 90,866,851 | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | 6.7% | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | (786,653) | (854,708) | 4,170,289 | 6,096,863 | 6,149,876 | 3,113,096 | 7,359,815 | 13,509,958 | 15,256,429 | 13,936,195 | 13,380,330 | - | - | - |
| Operating Income (USD) | (2,917,128) | (2,613,032) | 2,925,827 | 5,340,575 | 5,348,600 | 2,163,084 | 5,916,824 | 11,758,920 | 13,764,101 | 12,584,344 | 11,700,947 | - | - | - |
| Operating Margin | (3.4%) | (2.9%) | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | (0.9%) | (0.9%) | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | (2,813,116) | (2,570,218) | 1,610,565 | 3,842,773 | 3,826,464 | 1,377,616 | 4,273,347 | 9,094,905 | 10,678,858 | 9,769,856 | 9,217,833 | - | - | - |
| % Net Margin | (3.3%) | (2.8%) | - | - | - | - | - | - | - | - | - | - | - | - |
Kibo Sikring A/S - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Kibo Sikring A/S | - | ||||||||
| Buyout | Completed | Kibo Sikring A/S | - |
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Kibo Sikring A/S - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Bestyrelsesformand | BM | ||||||
| Chairman of the Board | BM |
BM Board Member
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