Port Adhoc

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Port Adhoc - overview

Location

-, -, France

Primary Industry

Logistics & Distribution

About

Port Adhoc provides comprehensive marina management and dry stack storage solutions for recreational boaters, enhancing access to prime sailing destinations in Europe through a network of strategically located marinas. Port Adhoc specializes in marina management and dry stack storage solutions. Founded in France, the company has operated with a steady focus on expanding its services since its inception. The latest funding round occurred on June 20, 2022, when the company raised EUR 10.


4 million from investors including NextStage and Vauban Infrastructure Partners. Port Adhoc has raised a total of EUR 10. 4 million and has a current valuation of EUR 69. 38 million.


Port Adhoc specializes in marina management and dry stack storage solutions across Western and Northern Europe. The company operates a network of marinas designed to serve recreational boaters, providing essential services such as fueling, maintenance, and seasonal storage for small crafts. This strategic positioning allows Port Adhoc to facilitate access to some of the most sought-after sailing destinations, including the Atlantic seaboard, the Mediterranean coastline, and key locations in the Netherlands and Sweden, such as the Stockholm archipelago. Their offerings cater to a diverse clientele, including individual boat owners and yachting enthusiasts who seek flexibility and convenience in marina services.


The company has developed robust infrastructure and a suite of modern amenities to enhance the boating experience, demonstrating its commitment to fostering a community among maritime enthusiasts. Port Adhoc generated revenue of EUR 2,373,138. 30 in 2022, with an EBITDA of EUR -482,025. 50 for the same year.


The company primarily generates revenue through subscription-based marina contracts that offer flexibility in duration and payment options, allowing clients to choose from annual, seasonal, or monthly agreements. The transactions typically involve direct agreements with boaters, encompassing services such as dry stack storage, which is particularly advantageous for boat owners looking for cost-effective land-based storage solutions. Additional services, such as provisioning and maintenance, further drive revenue streams, ensuring a steady flow from a diverse customer base across multiple geographical markets. In June 2022, Port Adhoc raised EUR 10.


4 million in venture funding, which will support the company’s upcoming plans to launch new products and expand into new markets. The company aims to enhance its service offerings by developing innovative solutions tailored to the evolving needs of boaters. Additionally, there are plans to expand operations into more regions across Europe, targeting key maritime areas by the end of 2024. The recent funding will facilitate these initiatives, allowing for the enhancement of their infrastructure and the introduction of new service models.


Current Investors

Phillimore, Naxicap Partners, NextStage

Primary Industry

Logistics & Distribution

Sub Industries

Freight Transportation Services

Website

www.port-adhoc.com

Total Amount Raised

Subscriber access only

Port Adhoc - timeline of key events

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Port Adhoc - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)462,320443,400674,600713,3061,093,3781,104,452---
% Revenue Growth (YoY)-(4.1%)52.1%5.7%53.3%1.0%---
EBITDA (USD)(91,116)(80,766)62,34271,86997,011(348,187)---
Operating Income (USD)(226,124)(277,387)(115,425)(58,427)(28,360)(442,016)---
Operating Margin(48.9%)(62.6%)(17.1%)(8.2%)(2.6%)(40.0%)---
% EBITDA Margin(19.7%)(18.2%)9.2%10.1%8.9%(31.5%)---
NET Income (USD)(174,024)(245,931)(180,442)91,610332,770364,678---
% Net Margin(37.6%)(55.5%)(26.7%)12.8%30.4%33.0%---

Port Adhoc - 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)
Unspecified ExitCompletedPort Adhoc-
BuyoutCompletedPort Adhoc-

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Port Adhoc - employee data

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