VESCON GmbH
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VESCON GmbH - overview
Established
1993
Location
-, -, Germany
Primary Industry
Industrial Machinery
About
VESCON GmbH specializes in engineering services and plant construction, focusing on facilitating the transition to Industry 4. 0 for clients across various sectors. Founded in 1993 and headquartered in Germany, VESCON GmbH operates in the engineering and automation sector. The company underwent a significant transformation in December 2018, merging with Schiller Automatisierungstechnik GmbH to form SCIO Automation GmbH.
Michael Goepfarth leads the combined entity as CEO. VESCON has engaged in 2 deals, with the most recent occurring in December 2018. Operating under the name SCIO Automation, VESCON specializes in engineering services and plant construction, providing automation solutions, special machinery, software integration, process engineering, and energy solutions. The company develops advanced automation systems, Virtual Commissioning (VIBN) technologies, and the SO3 collaboration software.
Their client base includes renowned corporations and SMEs, primarily in Germany, Austria, and Switzerland. In 2019, VESCON reported a revenue of EUR 114,313,920 and an EBITDA of EUR 6,258,560. The company's revenue model is project-based, focusing on B2B transactions for engineering services, equipment procurement, and system integration, with comprehensive solutions delivered through strategic partnerships, particularly in the automotive sector. Following the merger in January 2019, SCIO Automation aims to leverage its combined strengths to address the growing demands of the industrial and automotive sectors.
The company plans to introduce newly-developed innovations and high-quality concepts in automation and engineering. While specific upcoming products have not been disclosed, SCIO Automation is focused on enhancing market presence in Europe and beyond, driven by the rationale of meeting increasing sector demands.
Current Investors
SCIO Automation GmbH
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.vescon.com
Verticals
Manufacturing
Company Stage
Merged
Total Amount Raised
Subscriber access only
VESCON GmbH - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Schiller Automatisierungstechnik GmbH, VESCON GmbH | - | ||||||||
| Buyout | Completed | VESCON GmbH | - |
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