SECO S.p.A.
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.
SECO S.p.A. - overview
Established
1979
Location
Arezzo, -, Italy
Primary Industry
Electronics
About
Founded in 1979 and based in Arezzo, Italy, SECO S. p. A. operates as a developer and manufacturer of integrated boards and systems for industrial applications.
In April 2018, Italian Investment Fund invested EUR 10 million for a minority stake in SECO S. p. A. In April 2021, SECO S.
p. A. raised EUR 139. 76 million in an IPO, selling 37.
77 million shares at EUR 3. 70, on the Milan Stock Exchange. The listing gave SECO S. p.
A. a market capitalization of approximately EUR 397 million. The company has offices in Italy, Germany, USA, India, Russia, Argentina, China, Taiwan. The company has three business units, seco edge, seco mind, seco next.
Seco edge provides solutions for integrated systems, boards, modules, HMIs. Seco mind provides software services dedicated to IoT & AI development. Seco next works towards innovations.
Current Investors
Fondo Italiano d'Investimento
Primary Industry
Electronics
Sub Industries
Electronic Components, Hardware, Software
Website
www.seco.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
SECO S.p.A. - timeline of key events
SECO S.p.A. - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 25,987,068 | 26,863,213 | 29,775,679 | 35,007,927 | 41,495,428 | 40,971,326 | 46,435,307 | 52,283,120 | 55,884,696 | 61,885,534 | 76,143,000 | 112,293,000 | - | - | - |
| % Revenue Growth (YoY) | - | 3.4% | 10.8% | 17.6% | 18.5% | (1.3%) | 13.3% | 12.6% | 6.9% | 10.7% | 23.0% | 47.5% | - | - | - |
| EBITDA (USD) | 1,294,244 | 900,148 | 2,332,438 | 2,076,682 | 2,983,925 | 1,690,449 | 3,323,239 | 5,398,114 | 5,849,665 | 5,247,859 | 12,782,000 | 18,676,000 | - | - | - |
| Operating Income (USD) | 1,166,455 | 762,678 | 2,187,416 | 1,930,626 | 2,769,902 | 1,435,536 | 2,863,932 | 4,868,605 | 5,141,092 | 3,472,485 | 7,275,000 | 9,525,000 | - | - | - |
| Operating Margin | 4.5% | 2.8% | 7.3% | 5.5% | 6.7% | 3.5% | 6.2% | 9.3% | 9.2% | 5.6% | 9.6% | 8.5% | - | - | - |
| % EBITDA Margin | 5.0% | 3.4% | 7.8% | 5.9% | 7.2% | 4.1% | 7.2% | 10.3% | 10.5% | 8.5% | 16.8% | 16.6% | - | - | - |
| NET Income (USD) | 631,062 | 644,689 | (2,625,094) | 1,252,662 | 1,633,031 | 540,173 | 1,872,595 | 3,095,352 | 3,461,052 | 2,358,649 | 5,476,000 | 6,500,000 | - | - | - |
| % Net Margin | 2.4% | 2.4% | (8.8%) | 3.6% | 3.9% | 1.3% | 4.0% | 5.9% | 6.2% | 3.8% | 7.2% | 5.8% | - | - | - |
SECO S.p.A. - 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, Trade Sale | Announced | Garz & Fricke GmbH | - | ||||||||
| IPO | Completed | SECO S.p.A. | - | ||||||||
| Add-on | Completed | InHand Electronics, Inc. | - | ||||||||
| Add-on | Completed | Fannal Electronics Co., Ltd | - | ||||||||
| Growth | Completed | SECO S.p.A. | - |
Displaying 1 - 5 of 5
SECO S.p.A. - 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.