Softline Group
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Softline Group - overview
Established
1993
Location
London, England, UK
Primary Industry
IT Infrastructure
About
Based in the UK, Softline Group operates as a leading provider of digital transformation and cybersecurity solutions, integrating advanced technologies to enhance business operations and security measures. Softline Group, established in 1993 in London, UK, is engaged in providing IT and cybersecurity solutions. The company has undergone transformations in its business strategy to adapt to market demands. It was recently acquired by Zubr Capital, although financial terms were not disclosed.
Gurprit Singh is the founder of the company, which is currently led by multiple executives including Anton Ogarkov and others. Softline has successfully completed 3 deals and raised USD 40. 00 mn in its latest funding round, which matches the total amount raised over its lifetime. Softline Group (Softline PJSC) specializes in digital transformation and cybersecurity, offering a wide range of solutions powered by technologies such as Artificial Intelligence (AI), Big Data, Computer Vision, the Internet of Things (IoT), and Cloud Services.
Their key products include Proteqta for industrial safety, AiLine for creating digital twins, and ROBIN for automating business processes. Serving over 106,000 organizations globally, Softline has a strong presence in regions like Central Asia, the Middle East, and Southeast Asia, with notable developments in Vietnam and Uzbekistan. In 2023, Softline Group reported a revenue of USD 7. 30 mn, with an EBITDA of USD 314,677.
The company primarily engages in B2B partnerships, offering tailored IT solutions and cybersecurity services to various industries through direct relationships with clients. Softline Group plans to enhance its product offerings with new solutions designed to further advance its digital transformation services. The company is targeting expansion into new markets, specifically in Southeast Asia and Central Asia, by the end of 2024. The recent funding of USD 40.
00 mn will be utilized to support these initiatives, particularly in product development and market expansion efforts.
Current Investors
Zubr Capital, Da Vinci Capital Management
Primary Industry
IT Infrastructure
Sub Industries
Data Centers, IT Infrastructure, IT Security/Cybersecurity
Website
www.softline.com
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Softline Group - timeline of key events
Softline Group - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 47,099 | 1,413,217 | - | - | - |
| % Revenue Growth (YoY) | - | 2900.5% | - | - | - |
| EBITDA (USD) | (216,489) | (1,529,533) | - | - | - |
| Operating Income (USD) | (234,159) | (1,588,137) | - | - | - |
| Operating Margin | (497.2%) | (112.4%) | - | - | - |
| % EBITDA Margin | (459.6%) | (108.2%) | - | - | - |
| NET Income (USD) | (242,689) | (1,644,321) | - | - | - |
| % Net Margin | (515.3%) | (116.4%) | - | - | - |
Softline Group - 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 | Crayon Group Holding ASA | - | ||||||||
| Add-on | Announced | Value Point Systems Pvt. Ltd. | - | ||||||||
| Trade Sale | Completed | SoftClub LLC | - | ||||||||
| Add-on | Announced | Umbrella Infocare Pvt. Ltd. | - | ||||||||
| Add-on | Completed | Academy IT Pty Ltd. | - |
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Softline Group - employee data
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