Knowit AB
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Knowit AB - overview
Established
1990
Location
Stockholm, -, Sweden
Primary Industry
Business Support Services
About
Founded in 1990 and based in Stockholm, Sweden, Knowit AB specializes in digitalization and technology solutions to help businesses transform and adapt to the future. The company has been listed on the stock market since 1997 and is listed on Nasdaq Stockholm Mid Cap. In July 2021, a consortium of Formica Capital, Tequity, and JCB Group acquired a stake in Knowit as a share swap as part of the cybercom acquisition. As of 2024, the company is led by its CEO and president, Per Wallentin.
The company also has operations in Germany and Poland. The company provides consulting in various fields such as management consulting, test and quality management, application management, business intelligence, system and software development, organizational development, strategy, cloud, cybersecurity and law, business consulting, brand strategy, web and ecommerce, and more. The firm operates across several business areas, including Knowit Solutions, Knowit Experience, Knowit Connectivity, and Knowit Insight, each dedicated to offering tailored solutions that drive innovation and efficiency. Knowit’s partners include Microsoft, AWS, Google Cloud, and others.
Current Investors
Tequity AB, JCE Group, Formica Capital
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
www.knowit.eu/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Knowit AB - financials
| Fiscal Year Ended | 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 | Dec 31, 2024 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,030,689,000 | 2,205,530,000 | 2,426,218,000 | 2,733,501,000 | 3,083,304,000 | 3,335,145,000 | 3,379,078,000 | 4,811,839,000 | 6,833,746,000 | - | - | - |
| % Revenue Growth (YoY) | - | 8.6% | 10.0% | 12.7% | 12.8% | 8.2% | 1.3% | 42.4% | 42.0% | - | - | - |
| EBITDA (USD) | 133,443,000 | 175,419,000 | 223,447,000 | 293,469,000 | 327,003,000 | 392,481,000 | 408,660,000 | 562,112,000 | 740,649,000 | - | - | - |
| Operating Income (USD) | 97,715,000 | 135,053,000 | 201,064,000 | 275,980,000 | 308,969,000 | 313,092,000 | 322,693,000 | 363,293,000 | 447,144,000 | - | - | - |
| Operating Margin | 4.8% | 6.1% | 8.3% | 10.1% | 10.0% | 9.4% | 9.5% | 7.5% | 6.5% | - | - | - |
| % EBITDA Margin | 6.6% | 8.0% | 9.2% | 10.7% | 10.6% | 11.8% | 12.1% | 11.7% | 10.8% | - | - | - |
| NET Income (USD) | 59,443,000 | 91,975,000 | 144,472,000 | 202,414,000 | 231,945,000 | 241,739,000 | 257,845,000 | 294,812,000 | 392,187,000 | - | - | - |
| % Net Margin | 2.9% | 4.2% | 6.0% | 7.4% | 7.5% | 7.2% | 7.6% | 6.1% | 5.7% | - | - | - |
Knowit AB - 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 | Completed | Insicon AB | - | ||||||||
| Add-on | Completed | Milso AB | - | ||||||||
| Add-on, Trade Sale | Announced | Knowit AB | - | ||||||||
| Trade Sale | Completed | Cybercom Group AB | - | ||||||||
| PIPE | Completed | Knowit AB | - |
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