TIG Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
TIG Ltd. - overview
Established
1999
Location
Watford, -, UK
Primary Industry
IT Security/Cybersecurity
About
TIG Ltd. specializes in delivering advanced technology solutions aimed at enhancing digital experiences for businesses, focusing on software that optimizes web performance and security for online applications. Founded in 1999 in Watford, UK, TIG Ltd. provides technology solutions designed to improve digital experiences for businesses.
The company has undergone strategic pivots to adapt to market changes but has remained focused on enhancing web performance and security. CEO Des Lekerman leads the company that has secured GBP 8 million in its latest funding round from Business Growth Fund on March 4, 2021, to support its growth initiatives. The company has completed 2 deals to date, with the total amount raised being GBP 8 million. TIG Ltd.
specializes in advanced technology solutions that enhance digital experiences for businesses. Their core products include innovative software aimed at optimizing web performance, improving user engagement, and providing robust security for online applications. These offerings address challenges in managing digital infrastructures, such as load balancing, data caching, and cyber threat protection. TIG serves a diverse clientele, including large enterprises and eCommerce platforms, across sectors like finance, retail, and technology, primarily in North America, Europe, and parts of Asia, where digital transformation is accelerating.
In the most recent financial year of 2023, TIG Ltd. reported revenue of GBP 17,723,067. 80 with an EBITDA of GBP -3,999,583. 20.
The company generates revenue through a subscription model that allows clients to access its suite of software, with tiered pricing plans tailored to customer needs. Their flagship offerings are designed to enhance digital capabilities through B2B engagements, fostering long-term client partnerships. Following the most recent investment of GBP 8 million from Business Growth Fund in March 2021, TIG Ltd. plans to utilize these funds to pursue the acquisition of ThirdSpace Ltd.
The company is also focused on developing new products designed to enhance its existing technologies and expand into specific untapped markets. Targeted regions for market expansion include further penetration into Europe and Asia by the end of 2024.
Current Investors
BGF Investment Management
Primary Industry
IT Security/Cybersecurity
Sub Industries
Consulting Services, IT Security/Cybersecurity
Website
www.tig.co.uk
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
TIG Ltd. - 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 | ThirdSpace Ltd. | - | ||||||||
| Growth | Completed | TIG Ltd. | - | ||||||||
| Growth | Completed | TIG Ltd. | - | ||||||||
| Add-on | Completed | netConsult Ltd. | - |
Displaying 1 - 4 of 4
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.