Proact IT Group Overview

  • Year Founded
  • 1994

Year Founded

  • Status
  • Public

  • Employees
  • 1,168

Employees

  • Stock Symbol
  • PACT

Stock Symbol

  • Investments
  • 15

  • Share Price
  • $12.00
  • (As of Friday Closing)

Proact IT Group General Information

Description

Proact IT Group AB is a European-based independent datacentre and cloud service provider. The company's solution covers all aspects of data storage, virtualization, networking, and security. Its operating segments are System sales, Service operations, and Other revenues. The company-managed cloud services include service management, software as a service, proact hybrid cloud, storage as a service, flexpod as a service, and disaster recovery services. It also offers professional services such as delivering transformation, project management and delivery, cloud adoption, and others. The majority of the company's revenue comes from the Nordics and Baltics region.

Contact Information

Website
www.proact.eu
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Business/Productivity Software
Stock Exchange
STO
Corporate Office
  • Box 4061
  • 169 04 Solna
  • Sweden
+46 08-32 00 00

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Proact IT Group Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$12.00 $11.77 $6.24 - $12.00 $324M 27M 92.9K $0.63

Proact IT Group Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 292,883 267,658 440,770 289,097
Revenue 454,311 456,042 468,890 410,458
EBITDA 46,980 43,610 45,992 40,073
Net Income 19,344 16,243 18,853 13,639
Total Assets 381,861 404,690 406,629 375,143
Total Debt 48,565 46,855 70,097 80,013
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Proact IT Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Proact IT Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Proact IT Group AB is a European-based independent datacentre and cloud service provider. The company's solution covers
Business/Productivity Software
Solna, Sweden
1,168 As of 2024
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000000

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00000000000000000000
Barcelona, Spain
00 As of 0000
000.00
0000000000 0 000.00

000 00

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00000000000000000000
Minneapolis, MN
0000000000
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Proact IT Group Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Abiquo Venture Capital-Backed Barcelona, Spain 00 000.00 0000000000 0 000.00
TCP Cloud Angel-Backed Minneapolis, MN 0000000000
PacketFabric Venture Capital-Backed Culver City, CA 000 00000 0000000000 0 00000
Scalr Venture Capital-Backed Walnut Creek, CA 00 00.000 00000000000 00.000
Joyent Formerly VC-backed Mountain View, CA 000 00000 000000&0 00000
You’re viewing 5 of 11 competitors. Get the full list »

Proact IT Group Executive Team (16)

Name Title Board Seat Contact Info
Jonas Hasselberg Chief Executive Officer & President
Per Sedihn Chief Technology Officer and Vice President, Portfolio & Technology
Jonas Ekman Vice President of Corporate Development and Mergers & Acquisitions
Linda Höljö Chief Financial Officer and Vice President, Investor Relations
You’re viewing 4 of 16 executive team members. Get the full list »

Proact IT Group Board Members (4)

Name Representing Role Since
0000000 0000000000 Self Board Member 000 0000
0000 00000000 Self Board Member 000 0000
You’re viewing 2 of 4 board members. Get the full list »

Proact IT Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Proact IT Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Proact IT Group Acquisitions (15)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Sepago 01-Jul-2022 0000000000 000.00 IT Consulting and Outsourcing 00000 000
ahd 26-Oct-2021 0000000000 000.00 IT Consulting and Outsourcing 00000 000
Conoa (Sweden) 12-Apr-2021 0000000000 000.00 IT Consulting and Outsourcing 00000 000
Cetus Solutions 22-Oct-2020 0000000000 000.00 Other Commercial Services 00000 000
PeopleWare ICT Solutions 14-Oct-2019 Merger/Acquisition 000.00 Systems and Information Management 00000 000
You’re viewing 5 of 15 acquisitions. Get the full list »

Proact IT Group Subsidiaries (9)

Company Name Industry Location Founded
Conoa (Sweden) IT Consulting and Outsourcing Stockholm, Sweden 2012
Proact Netherlands Systems and Information Management Utrecht, Netherlands 0000
Sepago IT Consulting and Outsourcing Cologne, Germany 0000
Teamix IT Consulting and Outsourcing Nurnberg, Germany 0000
Proact IT UK IT Consulting and Outsourcing Chesterfield, United Kingdom 0000
You’re viewing 5 of 9 subsidiaries. Get the full list »

Proact IT Group ESG

Risk Overview

Risk Rating

Updated November, 08, 2023

21.72 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,116

Rank

00.00

Percentile

IT Consulting

Subindustry

00 of 254

Rank

00.00

Percentile

To view Proact IT Group’s complete esg history, request access »

Proact IT Group Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Glasshouse (Switzerland) 06-Jun-2001 000000000000000000 Completed
  • 000000 00 00000
To view Proact IT Group’s complete exits history, request access »

Proact IT Group FAQs

  • When was Proact IT Group founded?

    Proact IT Group was founded in 1994.

  • Who is the founder of Proact IT Group?

    Henrik Holm is the founder of Proact IT Group.

  • Who is the CEO of Proact IT Group?

    Jonas Hasselberg is the CEO of Proact IT Group.

  • Where is Proact IT Group headquartered?

    Proact IT Group is headquartered in Solna, Sweden.

  • What is the size of Proact IT Group?

    Proact IT Group has 1,168 total employees.

  • What industry is Proact IT Group in?

    Proact IT Group’s primary industry is Business/Productivity Software.

  • Is Proact IT Group a private or public company?

    Proact IT Group is a Public company.

  • What is Proact IT Group’s stock symbol?

    The ticker symbol for Proact IT Group is PACT.

  • What is the current stock price of Proact IT Group?

    As of 17-May-2024 the stock price of Proact IT Group is $12.00.

  • What is the current market cap of Proact IT Group?

    The current market capitalization of Proact IT Group is $324M.

  • What is Proact IT Group’s current revenue?

    The trailing twelve month revenue for Proact IT Group is $454M.

  • Who are Proact IT Group’s competitors?

    Abiquo, TCP Cloud, PacketFabric, Scalr, and Joyent are some of the 11 competitors of Proact IT Group.

  • What is Proact IT Group’s annual earnings per share (EPS)?

    Proact IT Group’s EPS for 12 months was $0.63.

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