The Nostrum Group Limited
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The Nostrum Group Limited - overview
Established
2001
Location
Worthing, England, UK
Primary Industry
Software
About
Nostrum Group's Customer Books specializes in cloud-based solutions, providing a web application platform that enables businesses to efficiently build, deploy, and manage applications, addressing modern development needs with robust security and integrated tools. Founded in 2001, Nostrum Group's Customer Books operates out of Worthing, UK, offering a platform designed for application development and management. In March 2013, the company was acquired by Harrington Brooks, a portfolio company of RJD Partners, with the financial terms undisclosed. The company has executed a single deal to date, with its latest activity recorded in 2013.
Nostrum Group's Customer Books delivers a comprehensive web application platform tailored for developers and businesses. This cloud-based service supports multiple programming languages and frameworks, featuring integrated development tools, automated scaling, and advanced security. Their platform is utilized by a varied clientele, from startups to large enterprises, primarily across North America, Europe, and Asia-Pacific, aiming to enhance operational efficiency and drive innovation. In 2023, Nostrum Group's Customer Books reported a revenue of USD 9.
56 mn, with an EBITDA of USD -6. 55 mn for the same year. The company operates on a subscription-based revenue model, offering clients various pricing plans that cater to different user segments, including startups and large organizations, ensuring predictable revenue through ongoing technical support and updates. Looking ahead, Nostrum Group's Customer Books aims to expand its offerings by developing new products designed to improve client application management capabilities.
The company targets further geographic expansion into emerging markets in Asia-Pacific and Europe by 2025. The funding received from the acquisition will be strategically utilized to support these product developments and expansion efforts.
Current Investors
Harrington Brooks
Primary Industry
Software
Sub Industries
Outsourcing, Accounting/Finance Software
Website
www.nostrumgroup.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
The Nostrum Group Limited - timeline of key events
The Nostrum Group Limited - financials
| Fiscal Year Ended | 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 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,926,852 | 2,514,020 | 3,819,657 | 7,000,512 | 9,047,219 | 10,714,363 | 7,873,446 | 8,446,000 | 10,018,000 | 10,980,000 | 8,277,000 | 6,353,000 | - | - | - |
| % Revenue Growth (YoY) | - | 30.5% | 51.9% | 83.3% | 29.2% | 18.4% | (26.5%) | 7.3% | 18.6% | 9.6% | (24.6%) | (23.2%) | - | - | - |
| EBITDA (USD) | 57,297 | 1,371,586 | (616,010) | 994,437 | 1,202,913 | 1,500,083 | (657,354) | 1,421,000 | 3,307,000 | 2,807,000 | (1,622,000) | (4,333,000) | - | - | - |
| Operating Income (USD) | 50,197 | 1,324,270 | (779,080) | 835,604 | 1,080,867 | 1,461,686 | (685,179) | 1,372,000 | 3,142,000 | 2,292,000 | (2,515,000) | (5,777,000) | - | - | - |
| Operating Margin | 2.6% | 52.7% | (20.4%) | 11.9% | 11.9% | 13.6% | (8.7%) | 16.2% | 31.4% | 20.9% | (30.4%) | (90.9%) | - | - | - |
| % EBITDA Margin | 3.0% | 54.6% | (16.1%) | 14.2% | 13.3% | 14.0% | (8.3%) | 16.8% | 33.0% | 25.6% | (19.6%) | (68.2%) | - | - | - |
| NET Income (USD) | 35,173 | 1,303,971 | (654,399) | 742,908 | 841,069 | 1,301,826 | (529,296) | 1,105,000 | 2,555,000 | 1,842,000 | (2,048,000) | (4,698,000) | - | - | - |
| % Net Margin | 1.8% | 51.9% | (17.1%) | 10.6% | 9.3% | 12.2% | (6.7%) | 13.1% | 25.5% | 16.8% | (24.7%) | (73.9%) | - | - | - |
The Nostrum Group Limited - 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 | The Nostrum Group Limited | - |
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The Nostrum Group Limited - employee data
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