NowiTek ApS
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NowiTek ApS - overview
Established
2018
Location
-, -, Denmark
Primary Industry
Business Support Services
About
Founded in 2018 and based in Denmark, NowiTek ApS provides automation solutions for the marine and industrial sectors. Norman Christian Norgaard and Nicolai Carøe Larsen are the co-founders of the company. In December 2024, Hoyer, a portfolio company of Solix, acquired NowiTek ApS. The company’s core offerings include electrical engineering design, optimization tasks, maintenance services, and the development of new systems, all aimed at enhancing operational efficiency and safety.
The firm engages in the complete project lifecycle, ranging from initial design to the implementation of automation systems, including PLC, SCADA/HMI, and industrial IT solutions. NowiTek’s target clients include manufacturers in the marine industry and related sectors, where they address challenges such as system integration, energy optimization, and compliance with safety regulations. NowiTek's revenue generation is primarily structured around B2B transactions, focusing on direct engagements with industrial and marine clients. Their business model encompasses a mix of project-based contracts and consultancy services, where clients can hire their specialists for specific projects or ongoing support.
Current Investors
Hoyer
Primary Industry
Business Support Services
Sub Industries
Engineering, Consulting Services, Software
Website
www.nowitek.dk/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
NowiTek ApS - 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 | Completed | NowiTek ApS | - |
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