NOMD Holdings
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
NOMD Holdings - overview
Location
Riyadh, -, Saudi Arabia
Primary Industry
Business Support Services
About
Based in Riyadh, Saudi Arabia, NOMD Holdings operates in the Information and Communication Technology sector, providing services and solutions. In August 2023, iot squared, a portfolio company of Saudi Telecom Co and Public Investment Fund, agreed to fully acquire Machinestalk from NOMD Holdings. NOMD Holding Co specializes in a diverse range of products and services within the Information and Communication Technology (ICT) sector, focusing on cutting-edge areas such as the Internet of Things (IoT), Big Data and Artificial Intelligence, Digital Education, and ICT Infrastructure. Their core offerings include smart city solutions, advanced data analytics, interactive educational platforms, and robust ICT infrastructure development.
These products are designed to facilitate smart transportation systems, smart healthcare solutions, and innovative digital marketing strategies. The company primarily targets clients in the Middle East, aiming to address the demand for digital transformation across various industries, including government, healthcare, and education. NOMD Holding Co generates revenue through a combination of strategic investments and partnerships within the ICT ecosystem. The firm engages in B2B transactions, establishing long-term partnerships with organizations to implement their smart solutions and infrastructure projects.
Revenue streams are likely derived from service contracts, subscription-based models for digital platforms, and project-based fees for bespoke solutions. For instance, flagship services in IoT and Big Data may be structured as annual subscriptions, allowing clients to access ongoing support and updates. NOMD Holdings plans to expand its product line with new offerings in Digital Education and IoT solutions, expected to launch within the next 12 months. The company aims to penetrate new markets, specifically targeting the UAE and Egypt by the end of 2024.
Recent funding will be utilized to enhance R&D capabilities and support market entry strategies in these regions.
Primary Industry
Business Support Services
Sub Industries
Business Support Services, eMarketing/Digital Marketing, IT Infrastructure, Fiber Optics
Website
www.nomd.sa
Verticals
Big Data, IoT (Internet of Things)
Total Amount Raised
Subscriber access only
NOMD Holdings - 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, LP Direct | Announced | Machinestalk | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.