LTP Group
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LTP Group - overview
Location
Vantaa, -, Finland
Primary Industry
Logistics & Distribution
About
Based in Finland, LTP Group provides specialized logistics services focusing on the food industry, ensuring efficient management and delivery of products through tailored logistics solutions. LTP Group is a logistics service provider that operates primarily in the food sector. The company is headquartered in Vantaa, Finland. In December 2022, Sponsor Capital acquired a majority stake in LTP Group from Vaaka Partners, aiming to enhance logistics solutions in the food industry.
The firm has completed two deals in its history. LTP Group specializes in food logistics by offering customized solutions that include product picking, warehousing, shipping, and transportation across Finland. Its main divisions include LTP Logistics Oy, which provides comprehensive logistics solutions, and LTP Cargo Oy, focused on high-quality transportation services including temperature-controlled logistics. Additionally, Lännen Teollisuuspalvelu Oy offers cleaning services for containers and pallets used in the food supply chain, serving a diverse range of clients in manufacturing and retail.
In 2023, LTP Group reported a revenue of USD 46. 62 mn with an EBITDA of USD 4. 16 mn. The company generates revenue through B2B relationships, primarily focusing on contracts with food industry clients for logistics and cleaning services, ensuring a stable revenue stream through consistent demand for its offerings.
Looking ahead, LTP Group plans to leverage the recent acquisition by Sponsor Capital to enhance its logistics services in the food sector. The firm aims to continuously improve its solutions, with a focus on expanding its market presence. Specific new products are under design, although no release dates have been provided. The acquisition deal, finalized in December 2022, will support these growth initiatives by maximizing logistics efficiency across the food industry.
Current Investors
Vaaka Partners
Primary Industry
Logistics & Distribution
Sub Industries
Food & Beverage Distribution, Freight Transportation Services, Trucking
Website
www.ltplogistics.fi
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
LTP Group - timeline of key events
LTP Group - financials
| Fiscal Year Ended | 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) | - | 8,968,086.1 | 11,844,512 | 14,237,302.4 | 15,143,208.5 | 21,418,461.3 | 29,447,708.7 | 34,577,153.3 | 37,384,901.1 | 39,076,240.5 | - | - | - |
| % Revenue Growth (YoY) | - | - | 32.1% | 20.2% | 6.4% | 41.4% | 37.5% | 17.4% | 8.1% | 4.5% | - | - | - |
| EBITDA (USD) | (795,350.2) | 299,600 | 636,505.6 | 1,302,025.3 | 577,322 | 1,019,155 | 376,656.2 | (202,039.8) | 1,518,647.4 | 1,745,903.4 | - | - | - |
| Operating Income (USD) | (820,051.3) | 149,536 | 465,174.6 | 1,066,940.6 | 291,890.8 | 707,912.4 | 25,576.8 | (590,163.9) | 1,139,777.4 | 1,346,064.2 | - | - | - |
| Operating Margin | - | 1.7% | 3.9% | 7.5% | 1.9% | 3.3% | 0.1% | (1.7%) | 3.0% | 3.4% | - | - | - |
| % EBITDA Margin | - | 3.3% | 5.4% | 9.1% | 3.8% | 4.8% | 1.3% | (0.6%) | 4.1% | 4.5% | - | - | - |
| NET Income (USD) | (847,170) | 66,160.3 | 407,975.3 | 875,417.2 | 245,186.7 | 482,546.8 | (13,917) | (667,918.6) | 679,805.6 | 356,925 | - | - | - |
| % Net Margin | - | 0.7% | 3.4% | 6.1% | 1.6% | 2.3% | (0.0%) | (1.9%) | 1.8% | 0.9% | - | - | - |
LTP Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Digital Prime Technologies | - | ||||||||
| Secondary Buyout | Announced | LTP Group | - | ||||||||
| Buyout | Completed | LTP Group | - |
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LTP Group - employee data
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