Siteco GmbH
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Siteco GmbH - overview
Established
1997
Location
Traunreut, Bayern, Germany
Primary Industry
Electronics
About
Siteco GmbH specializes in innovative lighting solutions that enhance efficiency and sustainability, providing high-quality products to urban infrastructure, retail, and educational sectors. Founded in 1997 in Traunreut, Germany, Siteco GmbH focuses on advanced lighting products. In February 2011, the company was acquired by Osram, a subsidiary of Siemens, from Barclays Private Equity. The leadership team includes CEOs Alex Talton, Daniel Fischer, Mark Körner, Michel Francis, Pascal Heiz, and Tom Bergseng.
Siteco specializes in innovative lighting solutions including a range of indoor and outdoor luminaires like the Sirius® series and Modario® 31, along with advanced control systems such as SITECO Connect and SITECO iQ. Their products cater to urban infrastructure, retail spaces, sports facilities, and educational institutions, ensuring high-quality and energy-efficient lighting for diverse applications. In 2023, Siteco reported a revenue of USD 244. 07 mn and an EBITDA of USD 14.
03 mn, generated through customized lighting solutions and smart control systems designed for various business needs. Looking forward, Siteco aims to expand its market presence and will introduce new lighting products tailored for emerging trends in sustainability. The company plans to target new geographic regions through strategic partnerships by 2025, leveraging funding from its recent acquisition in 2011 to support these initiatives.
Primary Industry
Electronics
Sub Industries
Electronic Components
Website
www.siteco.com
Verticals
IoT (Internet of Things), Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Siteco GmbH - timeline of key events
Siteco GmbH - financials
| Fiscal Year Ended | Sep 30, 2019 | Sep 30, 2020 | Sep 30, 2021 | Sep 30, 2022 | Sep 30, 2023 | Sep 30, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 25,910,000 | 144,515,596 | 145,920,173.2 | - | - | - |
| % Revenue Growth (YoY) | - | 457.8% | 1.0% | - | - | - |
| EBITDA (USD) | (9,140,000) | 5,350,702.4 | 5,858,608.1 | - | - | - |
| Operating Income (USD) | (9,728,000) | 480,702.4 | 420,608.1 | - | - | - |
| Operating Margin | (37.5%) | 0.3% | 0.3% | - | - | - |
| % EBITDA Margin | (35.3%) | 3.7% | 4.0% | - | - | - |
| NET Income (USD) | (7,151,000) | (4,627,630.8) | 90,869.5 | - | - | - |
| % Net Margin | (27.6%) | (3.2%) | 0.1% | - | - | - |
Siteco GmbH - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Siteco GmbH | - | ||||||||
| Secondary Buyout | Completed | Siteco GmbH | - | ||||||||
| Buyout | Completed | Siteco GmbH | - |
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Siteco GmbH - employee data
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