Satel Oy
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Satel Oy - overview
Location
Salo, -, Finland
Primary Industry
Telecoms
About
Satel Oy specializes in mission-critical connectivity solutions, utilizing advanced radio technology for reliable data transfer in various industrial sectors. Satel Oy is a provider of advanced radio technology solutions headquartered in Salo, Finland. The company was founded by Pekka Aura and is led by CEO Markus Kantola and Santeri Aura. In November 2014, Alder acquired a 95% stake in Satel Oy.
The company has focused consistently on enhancing its offerings without any significant strategic pivots or changes in operation. Satel specializes in mission-critical connectivity solutions utilizing advanced radio technology. Their core products encompass both short-range and long-range radio modems designed for reliable data transfer in various industrial applications. These solutions address the needs of sectors such as electricity distribution, gas utilities, waterworks, environmental monitoring, and machine control, enabling real-time data communications in challenging environments.
Satel's products also support GNSS/RTK positioning solutions for applications in land surveying, precision farming, maritime operations, and intelligent transportation systems. Their technology serves a diverse global clientele across Europe, North America, South America, Asia, and Africa, providing critical communications tools that enhance operational efficiency and safety across multiple industries. In 2024, Satel Oy reported a revenue of USD 25. 66 mn and an EBITDA of USD 2.
62 mn. The company generates revenue primarily through B2B sales of its radio technology products and services, focusing on tailored solutions that include both individual product sales and system integrations. Their flagship products include the Mission-Critical Connectivity Units (MCCUs) and various serial radios, which are essential for industries requiring robust data transmission capabilities. Satel Oy is focusing on developing new products tailored to specific industry needs, with plans to launch additional mission-critical connectivity units in the coming year.
The company aims to penetrate new markets, particularly in Asia and North America, by 2025, enhancing its distribution network. The investment from Alder will support these initiatives, enabling Satel to expand its product offerings and increase its market presence following the acquisition in November 2014.
Current Investors
Alder
Primary Industry
Telecoms
Sub Industries
Telecoms Equipment
Website
www.satel.com/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Satel Oy - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Satel Oy | - |
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