Obelisk International Group Holdings Limited

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Obelisk International Group Holdings Limited - overview

Established

1996

Location

-, -, Ireland

Primary Industry

Telecoms

About

Obelisk International Group Holdings Limited provides advanced telecommunications and renewable energy infrastructure solutions, focusing on the deployment and maintenance of 4G and 5G technologies to enhance connectivity for various sectors. Founded in 1996 in Ireland, Obelisk International Group Holdings Limited specializes in telecommunications and renewable energy infrastructure solutions. The company was acquired by Constructel Visabeira S. A.


in May 2022 from Development Capital. The firm's headquarters are located in Ireland, and the leadership team includes CEO Jorge Comas and co-founders Shreyas Goswami and Silvia B. The company has raised a total of EUR 6. 00 mn, with the latest funding round being a Growth round led by Development Capital.


Obelisk specializes in delivering advanced telecommunications and renewable energy infrastructure solutions tailored for various sectors. The company focuses on innovative telecom infrastructure, enabling seamless connectivity through the deployment and maintenance of 4G and 5G sites, operational since 2019. Their services encompass comprehensive maintenance, troubleshooting, and support, ensuring clients achieve optimal performance and reliability in their telecommunications needs. Obelisk primarily serves a diverse clientele, including government agencies, telecommunications companies, and large enterprises across international markets, including the UK, Ireland, and other global regions.


The end users of Obelisk's solutions are businesses and individuals relying on robust telecommunications systems and sustainable energy solutions for daily operations and future growth. Obelisk's revenue for the most recent year, 2021, was EUR 40,553,029. 20, while the EBITDA for 2022 was EUR -3,208,606. 90.


The company generates revenue through service agreements and project-based contracts with clients in telecommunications and renewable energy sectors, often involving long-term partnerships for ongoing maintenance and support. With the acquisition by Constructel Visabeira S. A. , Obelisk International Group Holdings Limited is positioned to leverage this partnership to expand its services in global telecommunications and energy networks engineering.


The recent funding will support these initiatives, enabling the development of new products and enhancing service capabilities. The company is targeting expansion into additional markets, although specific regions and timelines have not been detailed.


Current Investors

Goldman Sachs Asset Management, Constructel Visabeira S.A.

Primary Industry

Telecoms

Sub Industries

Fiber Optics, Telecoms Providers & Services, Telecoms Towers & Infrastructure

Website

www.obelisk.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Obelisk International Group Holdings Limited - 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-onCompletedTelecoms Division of Balfour Beatty Group-
Add-on, Trade SaleCompletedObelisk International Group Holdings Limited-
GrowthCompletedObelisk International Group Holdings Limited-

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