Origo hf
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Origo hf - overview
Established
1992
Location
-, -, Iceland
Primary Industry
IT Infrastructure
About
Origo hf is a prominent Icelandic IT company that provides a wide range of IT solutions, including cloud hosting, IT infrastructure management, and tailored web services, primarily targeting the local market. Founded in 1992, Origo hf specializes in IT solutions and services. The company has not undergone any significant pivots in its business strategy. Headquartered in Reykjavik, Iceland, Origo operates within the region to cater to local enterprises.
The CEO, Saemundur Valdimarsson, leads the company, although no further details regarding his past ventures are available. Origo specializes in providing comprehensive IT solutions and services, focusing on cloud hosting, IT infrastructure management, and web solutions. Their core offerings include expertise in cooling systems, backup power solutions, and generators, designed to deliver integrated energy solutions tailored for businesses. They also provide human resources and payroll solutions that enhance operational efficiency, cost savings, and employee satisfaction.
With a partnership with Microsoft Azure, Origo offers various Microsoft solutions, including Microsoft Dynamics 365, catering primarily to the Icelandic market. Their client base encompasses a range of Icelandic enterprises that benefit from these tailored solutions to improve their operational capabilities. Origo engages in a structured model of revenue generation that primarily involves B2B transactions with their clients. These transactions often include subscription-based services for their software solutions, as well as partnerships to offer tailored IT infrastructure support.
For the most recent year of 2023, Origo reported a revenue of USD 153. 64 mn and an EBITDA of USD 14. 24 mn. Revenue is generated through the provision of flagship services such as their specialized HR and payroll solutions, which help optimize workforce management for businesses.
Clients engage with Origo under various agreements, tailored to their specific needs, which facilitates a steady stream of income through recurring contracts and service agreements. The diverse range of products and services supports a robust revenue structure, ensuring that they meet the demands of the market effectively.
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure
Website
www.origo.is
Total Amount Raised
Subscriber access only
Origo hf - 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 | Origo's SAP business solutions and banking solutions in Iceland | - | ||||||||
| Buyout | Completed | TEMPO Software Inc. | - | ||||||||
| Buyout | Completed | TEMPO Software Inc. | - |
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