Tacton Systems AB

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Tacton Systems AB - overview

Established

1998

Location

Stockholm, -, Sweden

Primary Industry

Software

About

Tacton Systems AB specializes in developing Configure Price Quote (CPQ) software solutions tailored for manufacturers, streamlining sales and engineering processes to enhance operational efficiency and the customer experience. Founded in 1998 in Stockholm, Sweden, Tacton Systems AB focuses on creating software solutions for configuring complex products. The company has undergone significant changes with its recent acquisition by Rubicon Technology Partners and GRO Capital in July 2023. Tacton is led by CEO Bo Gyldenvang, representing a pivotal moment in its strategy and growth.


The company has completed three investment deals to date, with the most recent funding round being a BUYOUT that raised USD 12. 00 mn, equating to the total amount raised. Tacton specializes in Configure Price Quote (CPQ) software solutions designed specifically for manufacturers of complex products. The core offering integrates sales, engineering, and order fulfillment through a digital thread, enabling companies to streamline their go-to-market strategies and enhance the buyer experience.


Tacton’s platform allows commercial and technical teams to collaborate effectively, ensuring every product sold is profitable and efficiently delivered. End users include manufacturers in various sectors, such as energy, construction, medical equipment, electronics, and transportation. Tacton serves a global client base, with notable presence in markets including North America, Europe, and Asia, providing tailored solutions that address the unique challenges of complex manufacturing environments. Tacton generated revenue of USD 35.


11 mn in 2022, with an EBITDA of USD 2. 01 mn for the same year. The revenue primarily arises from subscription-based models for its CPQ software, where clients generally enter into multi-year agreements, including licensing fees for software, ongoing support, and access to updates and new features. The company's B2B transaction structure emphasizes partnerships with manufacturers needing sophisticated solutions for product configuration and pricing.


In July 2023, Tacton Systems AB was acquired by Rubicon Technology Partners and GRO Capital, with the investment aimed at accelerating its global growth strategy, especially in North America. The company plans to leverage the recent funding to enhance product innovation and expand its market presence. Efforts include the development of new products aimed at improving the CPQ experience for manufacturers, although specific details and release dates for these products are yet to be disclosed.


Current Investors

Kirk Kapital, GRO Capital

Primary Industry

Software

Sub Industries

Sales & Marketing Software, Engineering Software, Analytics & Performance Software

Website

www.tacton.com

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Tacton Systems AB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutAnnouncedTacton Systems AB-
BuyoutCompletedTacton Systems AB-

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