TLT Group Oy

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.

TLT Group Oy - overview

Established

2010

Location

Turku, -, Finland

Primary Industry

Telecoms

About

TLT Group Oy is a Finnish company specializing in integrated network solutions, particularly district heating and cooling systems, essential for modern infrastructure and energy management. Founded in 2010 in Turku, Finland, TLT Group Oy focuses on providing integrated solutions for district heating systems. The company was acquired by its management from Sponsor Capital in June 2019; specific financial terms of the deal were not disclosed. TLT Group has completed a total of 2 deals.


TLT Group specializes in integrated network solutions, focusing primarily on district heating and cooling systems. These systems serve as critical infrastructure for rapidly digitalizing societies, providing essential heating services vital for businesses and private consumers. The company’s core offerings include the planning, construction, and maintenance of district heating networks, aimed at enhancing service reliability and quality for clients, which primarily consist of municipal utilities and energy companies. By leveraging modern methodologies and effective project management expertise, TLT Group ensures that its solutions meet the diverse needs of its customer base while contributing to the efficient lifecycle cost management of network infrastructures.


The company's services are tailored to both local and international markets, specifically targeting regions in Northern Europe where district heating systems are prevalent. For the fiscal year 2021, TLT Group reported a revenue of USD 27. 66 mn and an EBITDA of USD 162,746. The revenue structure is primarily derived from B2B transactions, where the company engages with municipal utility providers and industrial clients in long-term partnerships.


These collaborations often involve project-based contracts for design and construction of network solutions, alongside ongoing maintenance agreements that provide steady income streams. Pricing plans reflect the scope and complexity of the services, with contractual arrangements structured to cover both upfront project costs and recurring maintenance fees. Flagship services include comprehensive management of district heating projects, ensuring that clients receive high-quality deliverables that adhere to predetermined timelines and performance standards, thus creating value for both direct clients and end-users. TLT Group's future growth strategy focuses on developing new products and expanding into new geographic markets.


The company aims to enhance its integrated solutions for district heating and cooling systems. Recent funding from the acquisition in June 2019 will support these initiatives, allowing for the exploration of innovative technologies and methodologies. Specific target markets for expansion include regions in Northern Europe where there is a significant demand for efficient heating solutions.


Primary Industry

Telecoms

Sub Industries

Telecoms Towers & Infrastructure, Telecoms Providers & Services

Website

www.tltgroup.fi

Total Amount Raised

Subscriber access only

TLT Group Oy - financials

Fiscal Year EndedDec 31, 2010Dec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)-10,134,518.9--33,854,578.135,001,414.262,204,008.120,901,188.923,490,754---
% Revenue Growth (YoY)--(100.0%)--3.4%77.7%(66.4%)12.4%---
EBITDA (USD)(909.3)1,088,367.7(3,206.4)(16,750.9)4,409,280.43,877,2086,447,276.3262,78427,891---
Operating Income (USD)(909.3)1,018,175(8,869.4)(31,823)4,002,382.43,293,802.84,986,027.6253,351.914,700---
Operating Margin-10.0%--11.8%9.4%8.0%1.2%0.1%---
% EBITDA Margin-10.7%--13.0%11.1%10.4%1.3%0.1%---
NET Income (USD)(909.3)561,222.6291,127.6455,7771,810,553.31,229,596.41,767,287.9235,286.2(29,334)---
% Net Margin-5.5%--5.3%3.5%2.8%1.1%(0.1%)---

TLT Group Oy - 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)
Sale to ManagementCompletedTLT Group Oy-
BuyoutCompletedTLT Group Oy-

Displaying 1 - 2 of 2

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.