Viking

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Viking - overview

Location

Ourense, -, Spain

Primary Industry

Business Support Services

About

Viking is a provider of workplace solutions, specializing in a diverse array of office products and technology designed to enhance business efficiency and adapt to evolving work environments. Viking operates as a subsidiary of JM Bruneau S. A. S.


, focusing on workplace solutions for various sectors. Initially acquired from Office Depot International B. V. in a deal completed in March 2021, the company is headquartered in Ourense, Spain.


The founder's background is not publicly available. The most recent deal occurred on July 31, 2020, marking a significant transition in ownership. Viking RAJA Group specializes in comprehensive workplace solutions, delivering a diverse range of products and services that cater to the needs of businesses across various sectors. The company's core offerings encompass office supplies, breakroom essentials, and advanced technology solutions, all designed to enhance workplace efficiency and user experience.


Their workspace solutions are crafted to address the evolving dynamics of work environments, ensuring businesses can adapt seamlessly to changing demands. The client base includes a wide array of organizations, from small enterprises to large corporations, primarily located in Europe, including markets such as Belgium, Germany, the Netherlands, Ireland, the United Kingdom, and Switzerland. In the most recent fiscal year, Viking RAJA Group reported a revenue of USD 4. 69 mn, with an EBITDA of USD 1.


67 mn. The company generates revenue through a structured sales model that includes direct sales to businesses seeking workplace solutions. Clients engage with Viking RAJA Group to procure a variety of products ranging from everyday office supplies to specialized technology solutions. Viking's future growth strategy includes the expansion of its product line with new offerings aimed at enhancing workplace productivity.


The company aims to penetrate additional European markets by 2025, leveraging its existing customer base and seeking new partnerships. The acquisition by JM Bruneau S. A. S.


is expected to provide the necessary support for these initiatives, enabling Viking to enhance its market presence following the completed deal in March 2021.


Current Investors

JM Bruneau, Société par Actions Simplifiée Unipersonnelle

Primary Industry

Business Support Services

Sub Industries

Office Suppliers

Website

www.viking.es

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

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Viking - 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)
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