Redpill Linpro
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Redpill Linpro - overview
Established
1995
Location
Karlstad, -, Sweden
Primary Industry
Business Support Services
About
Redpill Linpro provides innovative IT solutions and services aimed at facilitating digital transformation. They specialize in open-source technologies that optimize operational efficiencies across various sectors in the Nordic and European markets. Founded in 1995 and headquartered in Karlstad, Sweden, Redpill Linpro specializes in IT solutions that support digital transformations. The company was acquired in September 2013, when Neqst purchased an 82% majority stake, although financial terms were not disclosed.
The leadership team includes CEO Björn Romfelt and executives Erik Ivarsson, Henrik Gavelli, Jakob Rönström, and Johan Bernhardsson. Fredrik Svensson is recognized as the founder, though his previous ventures are not detailed. Redpill Linpro offers a comprehensive suite of IT solutions focused on digital transformation through open-source technologies. Their product range includes API services, cloud solutions, IT automation, cyber security, and data analytics to enhance operational efficiency and user experience.
The company serves a diverse clientele, including over 150 streaming suppliers and internet publications primarily in the Nordic region, with applicability to European markets that emphasize data protection regulations. Their expertise encompasses DevOps, integration, and user experience, contributing to their role in advancing digital innovation. In 2023, Redpill Linpro achieved a revenue of USD 75. 34 mn, with an EBITDA of USD 10.
17 mn. The company's revenue is generated through subscription-based services and consulting engagements, including contracts for cloud services, API management, and security solutions. Their flagship offerings, like the Mulesoft Anypoint Platform and PostgreSQL database, are integral to their service portfolio, supporting ongoing client relationships via tailored solutions. Redpill Linpro's strategy for future growth includes the launch of new products designed to enhance their existing service offerings, with specific release dates yet to be announced.
They plan to expand into new markets and geographic regions, focusing on broadening their reach within the European market by 2024. The company will utilize resources from the most recent financial deal to support these initiatives and enhance their product development efforts.
Current Investors
Neqst
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
http://www.redpill-linpro.com/
Total Amount Raised
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Redpill Linpro - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Redpill Linpro | - |
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