SUBITO AG
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SUBITO AG - overview
Established
1990
Location
Frankfurt, -, Germany
Primary Industry
Software
About
SUBITO AG is a software company focused on enhancing credit management processes for a variety of sectors including finance, public services, and industry, ensuring efficient handling of credit throughout various stages. Founded in 1990 and headquartered in Frankfurt, Germany, SUBITO AG specializes in software solutions for credit management. The company has undergone strategic changes to enhance its service offerings, although specific pivots have not been disclosed. The current CEOs, Martin Nusspickel and Thomas Jansen, lead the firm which has engaged in a single significant deal, with its most recent activity recorded on November 18, 2021, when it was acquired by LEA Partners.
SUBITO GmbH specializes in software solutions that streamline the credit management process for a diverse clientele, including financial institutions, collection agencies, public sector entities, and industrial companies. Their core products facilitate every stage of credit management—from loan initiation and processing to risk management and ongoing account management, supporting sectors such as consumer loans, construction financing, and problem credit management. They serve banking institutions like Sparkassen, Volks- und Raiffeisenbanken, and private banks, operating primarily in the DACH region (Germany, Austria, Switzerland) and extending into broader European markets while adapting solutions to meet specific client needs. In 2022, SUBITO GmbH reported a revenue of USD 9.
99 mn and an EBITDA of USD 335,847. 8, generated through subscription-based software services and consulting partnerships. Following its acquisition by LEA Partners on November 18, 2021, SUBITO AG aims to accelerate and expand its services within the financial services industry. The company plans to develop new products to enhance its software offerings and targets market expansion into additional European regions to broaden its clientele.
The recent acquisition will provide the necessary support to drive these growth initiatives.
Current Investors
LEA Partners
Primary Industry
Software
Sub Industries
Consulting Services, Accounting/Finance Software
Website
www.subito.de
Verticals
FinTech, FinTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
SUBITO AG - financials
| Fiscal Year Ended | Dec 31, 2008 | Dec 31, 2009 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 9,045,000 | 9,692,894.3 | 11,358,103.1 | 12,437,085.3 | - | - | 29,871,334.2 | 13,291,421 | 13,959,105.8 | 8,422,905 | 10,016,389.7 | 16,037,046.8 | 11,222,047.2 | - | - | - |
| % Revenue Growth (YoY) | - | 7.2% | 17.2% | 9.5% | - | - | - | (55.5%) | 5.0% | (39.7%) | 18.9% | 60.1% | (30.0%) | - | - | - |
| EBITDA (USD) | 23,904.4 | 730,285.6 | 1,243,906.2 | 2,166,211.7 | - | - | 404,020.4 | 3,174,050.9 | 808,844.9 | (1,318,150.1) | (1,573,460.8) | 576,624.8 | 695,758.5 | - | - | - |
| Operating Income (USD) | (199,071.4) | 555,312.8 | 1,025,921.1 | 2,000,600.8 | - | - | (105,456.6) | (1,917,914.3) | 713,648.4 | (1,487,810.5) | (1,678,050.9) | 140,601.2 | 279,847.5 | - | - | - |
| Operating Margin | (2.2%) | 5.7% | 9.0% | 16.1% | - | - | (0.4%) | (14.4%) | 5.1% | (17.7%) | (16.8%) | 0.9% | 2.5% | - | - | - |
| % EBITDA Margin | 0.3% | 7.5% | 11.0% | 17.4% | - | - | 1.4% | 23.9% | 5.8% | (15.6%) | (15.7%) | 3.6% | 6.2% | - | - | - |
| NET Income (USD) | (305,644.5) | 382,117.8 | (903,570) | (1,726,985.9) | - | - | (1,882,837.5) | (2,395,064.7) | 208,157.2 | (1,812,153.9) | (1,856,830.1) | (19,852.8) | 109,019.8 | - | - | - |
| % Net Margin | (3.4%) | 3.9% | (8.0%) | (13.9%) | - | - | (6.3%) | (18.0%) | 1.5% | (21.5%) | (18.5%) | (0.1%) | 1.0% | - | - | - |
SUBITO AG - 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 | SUBITO AG | - | ||||||||
| Trade Sale | Completed | GFKL Financial Services AG | - |
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