PMY Group Pty Ltd
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PMY Group Pty Ltd - overview
Established
2009
Location
Melbourne, VIC, Australia
Primary Industry
Business Support Services
About
Based in Australia, PMY Group Pty Ltd operates as a provider of advanced technology solutions aimed at enhancing audience experiences in live environments, focusing on events and large venues. PMY Group Pty Ltd specializes in delivering technology solutions for live events and large public gatherings. Founded in 2009 in Melbourne, Australia, the firm has successfully completed three deals. The CEO, Paul Yeomans, leads the company, which has no known subsidiaries or parent organizations.
PMY Technology Solutions specializes in providing comprehensive technology solutions tailored for live environments, focusing on enhancing the experiences of audiences in mass public gatherings. Their core offerings encompass a range of services including audio visual integration, ICT and IP systems, safety and security technologies, and event technology solutions. These products are designed to optimize the management of venues, enhance safety protocols, and deliver engaging fan experiences through innovative technologies such as Venue & Crowd Intelligence and Artificial Intelligence solutions. PMY serves a diverse client base across various sectors, including sports and entertainment, education, and public sectors, with notable projects completed in over 15 countries, including the United States, Saudi Arabia, Australia, and multiple European nations.
The company ensures that its solutions are relevant to different environments, whether they are stadiums, arenas, or public spaces. PMY Technology Solutions’ revenue for the most recent year, 2024, amounted to USD 72. 26 mn with an EBITDA of USD 5. 57 mn.
The firm generates its revenue primarily through B2B relationships with organizations that manage large venues and events. The business model includes a combination of project-based engagements, long-term partnerships, and subscription services for its software solutions, such as the proprietary Intelligence Optic (SaaS) platform. Client contracts often involve comprehensive service packages that might integrate multiple product lines, including event technology and cybersecurity services, ensuring that clients have a cohesive approach to technology management. Flagship offerings, such as crowd intelligence systems and custom data solutions, contribute significantly to the revenue stream, as organizations seek to enhance their operational efficiency and audience engagement.
The pricing structure typically reflects the complexity and scale of the services rendered, with tailored solutions aimed at meeting the specific needs of clients across various sectors. PMY Group Pty Ltd is focused on launching new products designed to enhance audience engagement and operational efficiency at large events. They are exploring expansion into new geographic markets, targeting regions in Asia and Europe by 2025. Recent investment from Fancorp Ventures will support the development of these initiatives, although specific financial terms were not disclosed.
Current Investors
Bluestone Equity Partners, Fancorp Ventures, Alignment Growth
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Event Management, Analytics & Performance Software, Information Services
Website
www.pmygroup.com
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
PMY Group Pty Ltd - 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 | Event360 | - | ||||||||
| Growth | Completed | PMY Group Pty Ltd | - | ||||||||
| Growth | Completed | PMY Group Pty Ltd | - | ||||||||
| LP Direct | Completed | PMY Group Pty Ltd | - |
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