Wellcomm Engineering S.p.A.
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Wellcomm Engineering S.p.A. - overview
Established
1994
Location
Milan, -, Italy
Primary Industry
IT Security/Cybersecurity
About
Wellcomm Engineering S. p. A. is a system integrator in the IT sector, specializing in enhancing network infrastructure and security through tailored solutions and comprehensive project management services.
Established in 1994 in Milan, Italy, Wellcomm Engineering S. p. A. delivers advanced IT solutions.
In June 2019, Sirti S. p. A. , a portfolio company of KKR, acquired a 75 percent stake in Wellcomm.
The company operates primarily in Europe and parts of Asia. Nino Marsanasco serves as the CEO. Wellcomm Engineering provides a suite of services as a system integrator, focusing on detailed analysis, project planning, and implementation of security systems to safeguard data integrity. Their offerings are geared toward IT application security, LAN, and WAN network assistance, serving diverse industries that demand robust networking capabilities.
For the year 2023, Wellcomm Engineering reported a revenue of USD 38. 79 mn and an EBITDA of USD 4. 48 mn. Wellcomm Engineering is planning to launch new products aimed at enhancing network security and efficiency within the next year.
The company is also targeting expansion into new geographical markets, particularly in Asia, by 2025. The recent acquisition by Sirti S. p. A.
will support these growth initiatives, utilizing the resources gained to bolster their service offerings and market presence.
Current Investors
Sirti S.p.A.
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity
Website
www.wellcomm.it
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Wellcomm Engineering S.p.A. - timeline of key events
Wellcomm Engineering S.p.A. - 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) | 12,475,038 | 12,593,419 | 14,039,844 | 15,236,485 | 15,337,634 | 15,252,933 | 21,821,739 | 22,441,044 | 24,994,173 | 24,142,816 | 29,227,053 | 29,676,070 | - | - | - |
| % Revenue Growth (YoY) | - | 0.9% | 11.5% | 8.5% | 0.7% | (0.6%) | 43.1% | 2.8% | 11.4% | (3.4%) | 21.1% | 1.5% | - | - | - |
| EBITDA (USD) | 871,925 | 957,222 | 1,582,265 | 2,135,648 | 1,429,395 | 1,552,950 | 3,452,691 | 2,539,651 | 1,876,465 | 2,035,058 | 2,870,539 | 3,668,477 | - | - | - |
| Operating Income (USD) | 814,318 | 894,860 | 1,528,144 | 2,085,967 | 1,381,328 | 1,514,989 | 3,414,119 | 2,177,110 | 1,512,551 | 1,667,998 | 2,509,714 | 3,303,893 | - | - | - |
| Operating Margin | 6.5% | 7.1% | 10.9% | 13.7% | 9.0% | 9.9% | 15.6% | 9.7% | 6.1% | 6.9% | 8.6% | 11.1% | - | - | - |
| % EBITDA Margin | 7.0% | 7.6% | 11.3% | 14.0% | 9.3% | 10.2% | 15.8% | 11.3% | 7.5% | 8.4% | 9.8% | 12.4% | - | - | - |
| NET Income (USD) | 489,847 | 629,398 | 1,113,703 | 1,367,959 | 993,576 | 993,650 | 2,286,232 | 1,454,167 | 1,172,965 | 1,371,343 | 1,770,121 | 2,295,896 | - | - | - |
| % Net Margin | 3.9% | 5.0% | 7.9% | 9.0% | 6.5% | 6.5% | 10.5% | 6.5% | 4.7% | 5.7% | 6.1% | 7.7% | - | - | - |
Wellcomm Engineering S.p.A. - 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 | Wellcomm Engineering S.p.A. | - |
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Wellcomm Engineering S.p.A. - employee data
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