Mantel Group

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Mantel Group - overview

Location

Melbourne, VIC, Australia

Primary Industry

Business Support Services

About

Based in Australia, Mantel Group provides digital solutions that leverage advanced technologies, including AI and cybersecurity, to enhance operational efficiencies for businesses across various sectors. Mantel Group specializes in delivering AI-driven solutions designed to meet the complex needs of modern enterprises. Headquartered in Melbourne, Australia, the company has undergone significant growth since its inception. Recently, in January 2022, Five V Capital acquired a minority stake in the company to strengthen its market position.


The leadership team includes Con Mouzouris, Jane Nguyen, and Patrick Eckel. Mantel specializes in providing AI-first solutions that cater to the intricate demands of modern businesses. Their core offerings encompass a range of services across data analytics, cloud computing, digital transformation, and cybersecurity, aiming to enhance operational efficiencies and drive meaningful change. Mantel's solutions assist organizations in various sectors, including banking and finance, healthcare, retail, and the public sector, by leveraging advanced technologies to optimize workflows and enhance security measures for customer and business data.


By integrating generative AI into their services, Mantel addresses complex implementation challenges, ensuring that clients can capitalize on AI-driven innovation while safeguarding sensitive information. The company serves clients in diverse geographical markets, including North America, Europe, and the Asia-Pacific region, demonstrating a commitment to providing robust solutions tailored to the needs of its global clientele. Mantel's revenue model is centered around B2B transactions, primarily focusing on consultancy services and technology solutions. In 2021, the company generated a revenue of USD 66.


90 mn and an EBITDA of USD 10. 28 mn. Clients engage with the firm through structured partnerships and subscriptions, where businesses pay for tailored services depending on their specific needs. The pricing structure aligns with the complexity and scale of the services rendered, offering options from one-time consulting fees to ongoing subscription models for continuous support and updates in AI and cybersecurity functionalities.


Flagship services include advanced data analytics solutions and cloud integrations, aimed at improving process efficiencies for their clients. Mantel Group is poised for future growth with strategic plans to expand its product offerings and geographic reach. The company aims to enhance its current suite of services and is exploring the introduction of new products designed to further leverage AI capabilities. The recent investment from Five V Capital, acquired in January 2022, will support these initiatives by bolstering the company’s market position and expanding its operational capabilities.


Mantel is particularly focused on targeting markets in North America and Europe for further expansion, aligning with its goal to tap into new client bases and enhance its global footprint.


Current Investors

Five V Capital

Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.mantelgroup.com.au/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Mantel Group - financials

Fiscal Year EndedJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024
Revenue (USD)66,900,000---
% Revenue Growth (YoY)----
EBITDA (USD)10,228,000---
Operating Income (USD)7,487,000---
Operating Margin11.2%---
% EBITDA Margin15.3%---
NET Income (USD)5,365,000---
% Net Margin8.0%---

Mantel Group - 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-onCompletedAginic-
Add-onCompletedItty Bitty Apps Pty Ltd-
BuyoutCompletedMantel Group-

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