PICit A/S
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PICit A/S - overview
Established
1990
Location
-, -, Denmark
Primary Industry
Logistics & Distribution
About
Founded in 1990 and based in Aarhus C, Denmark, PICit A/S operates as a provider of shipping and supply chain software and services, including information and terminal operating systems. In August 2024, Arcadea Group acquired a minority stake in PICit A/S. As of 2024, the company is being led by its CEO, Henrik Højen Andersen. PICit A/S provides Software as a Service (SaaS) solutions designed for the transport industry, offering a shared, real-time information platform called Practical Intermodal Communication (PIC).
This platform integrates data from various parties in the transport chain, including service providers, shipping companies, haulers, customs authorities, and terminal operators, facilitating information exchange. The system allows users to access and manage transport and cargo information from multiple devices, ensuring seamless communication across different entities involved in the logistics process. The company intends to use the August 2024 funds to expand its resources and strengthen its business development.
Current Investors
Arcadea Group
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services, Logistics Software
Website
www.picit.dk
Verticals
Cloud Computing, IoT (Internet of Things), Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
PICit A/S - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | PICit A/S | - |
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