Netel Holding AB
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Netel Holding AB - overview
Established
2000
Location
Stockholm, -, Sweden
Primary Industry
Telecoms
About
Based in Sweden, Netel Group Holding AB develops and maintains critical infrastructure, specializing in telecom and energy systems that enhance societal connectivity and sustainability. Netel Group Holding AB, founded in 2000, is headquartered in Stockholm, Sweden. The company focuses on the installation and management of telecommunications and energy networks. Edward Olastuen serves as CEO.
The company has completed a total of 4 deals since its inception. Netel Group specializes in the development and maintenance of critical infrastructure, offering comprehensive technical systems that encompass various utilities, including telecommunications and energy. Their services include the installation and management of networks, pipelines, and facilities, supporting a sustainable digital and electrified future. Netel caters to a diverse clientele, including government entities and utility providers in Northern Europe, addressing evolving technological needs.
The company's revenue generation model is based on business-to-business transactions with municipalities, large corporations, and utility companies, structured through partnerships and contracts for service provision. In May 2025, a consortium comprised of Cicero Fonder, Etemad Group AB, TAMT AB, S- bolagen AB and Santhe Dahl Invest AB, acquired 22. 64 million shares for SEK 192 million, or at SEK 8. 50 apiece from IK Partners, in a PIPE transaction.
Following the recent sale of a stake in May 2025, Netel Group aims to leverage the proceeds to enhance its service offerings and expand into new geographic markets. Specific regions targeted for expansion include Northern Europe, with a focus on developing new products aimed at improving infrastructure sustainability. Upcoming product launches are anticipated to support these initiatives, aligning with the company's strategic goal of enhancing connectivity and reliability in critical infrastructure.
Current Investors
IK Partners
Primary Industry
Telecoms
Sub Industries
Telecoms Towers & Infrastructure
Website
www.netel.se
Company Stage
Mature
Total Amount Raised
Subscriber access only
Netel Holding AB - timeline of key events
Netel Holding AB - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,055,469,000 | 2,063,865,000 | 1,869,649,000 | 1,861,380,000 | - | - | - |
| % Revenue Growth (YoY) | - | 95.5% | (9.4%) | (0.4%) | - | - | - |
| EBITDA (USD) | 79,896,000 | 66,278,000 | 62,682,000 | 110,131,000 | - | - | - |
| Operating Income (USD) | (10,270,000) | (117,793,000) | 17,257,000 | 52,170,000 | - | - | - |
| Operating Margin | (1.0%) | (5.7%) | 0.9% | 2.8% | - | - | - |
| % EBITDA Margin | 7.6% | 3.2% | 3.4% | 5.9% | - | - | - |
| NET Income (USD) | (29,824,000) | (143,827,000) | (675,000) | 19,740,000 | - | - | - |
| % Net Margin | (2.8%) | (7.0%) | (0.0%) | 1.1% | - | - | - |
Netel Holding 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE, Secondary Buyout | Completed | Netel Holding AB | - | ||||||||
| IPO | Completed | Netel Holding AB | - | ||||||||
| Add-on | Completed | Nett-Tjenester AS | - | ||||||||
| Secondary Buyout | Completed | Netel Holding AB | - | ||||||||
| Buyout | Completed | Netel Holding AB | - |
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Netel Holding AB - employee data
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