Montel AS
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Montel AS - overview
Established
1989
Location
Oslo, -, Norway
Primary Industry
Software
About
Montel AS specializes in energy market intelligence, providing analytics and insights to clients such as traders and energy producers, helping them optimize their strategies in complex energy markets. Montel AS, founded in 1989, is headquartered in Oslo, Norway. The company focuses on delivering energy market intelligence and analytics. In June 2022, The Riverside Company and Montel’s management acquired a majority stake in the firm, although financial terms were not disclosed.
The CEO is Dienis Pireva, and Montel has conducted one deal as of 2022-06-14. Montel offers a comprehensive suite of products and services designed to provide energy market intelligence, analytics, and data-driven insights for a diverse range of clients, including traders, portfolio managers, and energy producers. Their core product offerings focus on real-time energy market news, analytics for tracking price movements, and risk management tools that help clients optimize trading strategies. These services are instrumental in aiding clients navigate complex energy markets, particularly in European regions, where Montel delivers tailored content and insights relevant to specific market dynamics.
The platform is utilized by various stakeholders, including energy suppliers, financial institutions, and regulatory bodies across markets such as the Nordics, Benelux, and broader European continent, ensuring that users can make informed decisions based on accurate and timely information. Montel's revenue for the most recent year 2023 reached USD 15. 22 mn, while the EBITDA for the same period was USD -1. 91 mn.
The company operates a subscription-based revenue model, allowing firms access to various tiers of market intelligence and analytics tailored to their needs. Clients pay for flagship services that include live energy prices from over 25 exchanges, detailed market news, and specialized analytics tools, which cater to the specific needs of their clientele. Following the acquisition in June 2022, Montel AS aims to capture market share in the growing energy sector, drive geographic expansion, and develop new products and services. The recent investment will support these initiatives and may include pursuing selective acquisitions.
Specific targets for expansion have not been detailed, but the focus remains on enhancing their offerings in the energy analytics space.
Current Investors
The Riverside Company
Primary Industry
Software
Sub Industries
Software
Website
www.montelgroup.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Montel AS - 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 | Announced | SKM Market Predictor AS | - | ||||||||
| Add-on | Completed | Qwatt | - | ||||||||
| Add-on | Completed | Energy Brainpool GmbH & Co. KG | - | ||||||||
| Add-on | Completed | EnAppSys Ltd. | - | ||||||||
| Buyout | Completed | Montel AS | - |
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