StarTec Payment & Service GmbH
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StarTec Payment & Service GmbH - overview
Location
Hamburg, -, Germany
Primary Industry
Software
About
StarTec Payment & Service GmbH specializes in providing comprehensive payment solutions for businesses, facilitating seamless transactions across various sectors including retail and gastronomy, with a focus on enhancing customer satisfaction through secure payment processing. Founded in Hamburg, Germany, StarTec Payment & Service GmbH offers payment processing solutions tailored for diverse businesses. The company was acquired in October 2017 by Heidelpay, a portfolio company of AnaCap Financial Partners, with financial terms undisclosed. The founder's history and other details are not publicly available.
StarTec Payment & Service GmbH offers an integrated payment platform that supports various methods including credit and debit cards, mobile wallets, and installment payments. Their solutions are designed for businesses ranging from small retailers to large enterprises, providing an efficient checkout experience both online and in-store through smart terminals and cloud-based POS systems. In 2023, StarTec Payment & Service GmbH reported a revenue of USD 45. 23 mn and an EBITDA of USD 8.
44 mn, primarily generated through subscription models and transaction fees associated with their payment processing services. StarTec Payment & Service GmbH aims to expand its product offerings and enhance its market presence in the coming years. Following the acquisition in 2017, the company will likely utilize new funding to support the development of upcoming payment solutions and optimize its service delivery. Expansion plans focus on increasing their footprint within Europe, particularly targeting markets in the German-speaking regions.
Specific details regarding product releases and timelines have not been disclosed.
Current Investors
Unzer GmbH
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.startec-payment.de
Company Stage
Add-on
Total Amount Raised
Subscriber access only
StarTec Payment & Service GmbH - timeline of key events
StarTec Payment & Service GmbH - financials
| Fiscal Year Ended | 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) | - | - | - | - | - | - | 23,865,000 | 26,101,000 | 34,130,379.8 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | 9.4% | 30.8% | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | 9,839,903.3 | 6,445,051.6 | 7,970,551.4 | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | 7,844,998.1 | 3,554,031.3 | 4,632,344.1 | - | - | - |
| Operating Margin | - | - | - | - | - | - | 32.9% | 13.6% | 13.6% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | 41.2% | 24.7% | 23.4% | - | - | - |
| NET Income (USD) | 120,774.1 | 250,407.8 | 351,389.8 | 1,180,217.9 | 1,859,875.4 | - | 5,407,699.8 | 2,569,955.3 | 4,970,448.6 | - | - | - |
| % Net Margin | - | - | - | - | - | - | 22.7% | 9.8% | 14.6% | - | - | - |
StarTec Payment & Service 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | StarTec Payment & Service GmbH | - |
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StarTec Payment & Service GmbH - employee data
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