Radius Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Radius Limited - overview
Established
1990
Location
Crewe, England, UK
Primary Industry
Software
About
Radius Payment Solutions Limited, based in the UK, provides innovative fleet mobility and connectivity solutions designed to enhance operational efficiency for businesses globally. Radius Payment Solutions Limited focuses on offering fleet management services. Founded in 1990 in Crewe, UK, the company has remained stable without any notable pivots in its business strategy. Karan Davatwal is the founder, and Bill Holmes serves as the current CEO.
The company raised GBP 150 million in a Growth round from Inflexion Private Equity Partners in November 2017, bringing the total amount raised to GBP 150 million. Radius specializes in a comprehensive suite of fleet mobility and connectivity solutions. Their core offerings include fuel cards, telematics, vehicle leasing, insurance, telecom services, and electric vehicle charging solutions. With a client base of over 445,000 businesses across five continents, Radius enhances the operational efficiency of various sectors, including transport, construction, and delivery services.
Their services facilitate effective fleet management, optimize fuel consumption, and ensure safety through advanced technologies in regions such as Great Britain and Northern Ireland. In the most recent fiscal year 2024, Radius reported revenue of GBP 5,650,533,101. 10 and an EBITDA of GBP 184,789,402. 90.
Their revenue streams are structured around B2B engagements, including telematics subscriptions, fuel card partnerships, and vehicle leasing contracts, providing a diverse and sustainable income model. Radius aims to expand its offerings with new products, including enhanced telematics solutions set to launch by the end of 2025. The company is also targeting expansion into European and North American markets by 2026. The recent GBP 150 million funding will bolster these initiatives, supporting product development and market entry strategies.
Current Investors
Inflexion Private Equity Partners
Primary Industry
Software
Sub Industries
Business Support Services, e-Financial, Commercial Insurance, Personal Insurance, Accounting/Finance Software
Website
www.radiuspaymentsolutions.com
Verticals
FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Radius Limited - timeline of key events
Radius Limited - financials
| Fiscal Year Ended | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,582,594,000 | 1,535,300,000 | 1,475,000,000 | 1,818,000,000 | 2,148,000,000 | 2,488,800,000 | 2,620,400,000 | 2,203,900,000 | 3,389,100,000 | - | - | - |
| % Revenue Growth (YoY) | - | (3.0%) | (3.9%) | 23.3% | 18.2% | 15.9% | 5.3% | (15.9%) | 53.8% | - | - | - |
| EBITDA (USD) | 36,163,000 | 43,300,000 | 49,800,000 | 52,900,000 | 53,400,000 | 80,800,000 | 75,400,000 | 89,200,000 | 171,800,000 | - | - | - |
| Operating Income (USD) | 27,326,000 | 34,400,000 | 39,100,000 | 40,400,000 | 39,800,000 | 64,700,000 | 54,700,000 | 64,000,000 | 130,000,000 | - | - | - |
| Operating Margin | 1.7% | 2.2% | 2.7% | 2.2% | 1.9% | 2.6% | 2.1% | 2.9% | 3.8% | - | - | - |
| % EBITDA Margin | 2.3% | 2.8% | 3.4% | 2.9% | 2.5% | 3.2% | 2.9% | 4.0% | 5.1% | - | - | - |
| NET Income (USD) | 19,359,000 | 25,600,000 | 27,000,000 | 28,400,000 | 28,200,000 | 53,000,000 | 43,300,000 | 51,300,000 | 116,800,000 | - | - | - |
| % Net Margin | 1.2% | 1.7% | 1.8% | 1.6% | 1.3% | 2.1% | 1.7% | 2.3% | 3.4% | - | - | - |
Radius Limited - 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 | Telcom Group Est 1999 Designated Activity Company | - | ||||||||
| Add-on | Completed | The Frontier Group | - | ||||||||
| Add-on | Completed | TSI (Ireland) Limited | - | ||||||||
| Add-on | Completed | Radius Connect Solutions | - | ||||||||
| Add-on | Completed | Key Telematics | - |
Displaying 1 - 5 of 11
Radius Limited - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.