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Proact IT Group

Proact IT Group
1994 FOUNDED
PUBLIC STATUS
801-900 EMPLOYEES
PACT STOCK SYMBOL
11 INVESTMENTS
$19.44 SHARE PRICE (As of Thursday Closing)
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, virtualisation, networking, and security. Its operating segments are IT infrastructure, Public cloud service suppliers and Global IT service companies. 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 Nordic region.

Website
Ownership Status
Publicly Held
Financing Status
Corporate Backed or Acquired
Primary Industry
Business/Productivity Software
Stock Exchange
STO
Primary Office
  • Box 1205
  • Kistagången 2
  • 164 28 Kista
  • Sweden

+46 08-410 000 00
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Proact IT Group Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$14.69 - $28.39 $178M $19.50 $1.14 19K 9.2M

Proact IT Group Financials Summary

In Thousands,
USD
TTM
30-Sep-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 159,447 166,057 217,411 155,686
Revenue 363,032 380,816 378,892 340,687
EBITDA 26,123 27,107 25,549 22,564
Net Income 10,435 14,597 13,248 11,133
Total Assets 229,905 246,207 237,123 198,383
Total Debt 39,034 12,668 16,380 21,255
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Proact IT Group Valuation and Funding

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

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Proact IT Group Competitors (20)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Abiquo Venture Capital-Backed Middlesex, United Kingdom 00 000.00 0000000000 0 000.00
0000000000 Formerly VC-backed San Mateo, CA 00 000.00 000000&0 000.00
0000000000 Private Equity-Backed Santa Barbara, CA 000 000.00 000000000000 000.00
00000 Venture Capital-Backed San Francisco, CA 00 00.000 00000000000 00.000
000000000 Venture Capital-Backed Mountain View, CA 00 000.00 00000000000 000.00
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Proact IT Group Acquisitions (11)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000000 000 000 14-Oct-2019 000000000000000000 000.00 Systems and Information Management 00000 0000000000
000000 03-Jan-2017 000000000000000000 00.00 IT Consulting and Outsourcing 00000 00000
000000 0000000 00 30-Dec-2015 000000000000000000 00.000 IT Consulting and Outsourcing 000000 Ö0000
00 0000000 (000000 29-May-2015 000000000000000000 Other IT Services 000000 Ö0000
Proact IT UK 08-Apr-2011 Merger/Acquisition 000.00 Other IT Services 0000 0000
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Proact IT Group Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000000 (000000 06-Jun-2001 000000000000000000 Completed
  • 000000 00 00000
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Proact IT Group Subsidiaries (5)

Company Name Industry Location Founded
PeopleWare ICT Solutions Systems and Information Management Schiphol-Rijk, Netherlands 2003
000000 00 00 Other IT Services Chesterfield, United Kingdom 0000
000000 00000 00000 Systems and Information Management Prague, Czech Republic 0000
000000 0000000 00 IT Consulting and Outsourcing Örebro, Sweden 0000
000000 0000000
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Proact IT Group Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Proact IT Group Executive Team (14)

Name Title Board
Seat
Contact
Info
Jonas Hasselberg Chief Executive Officer
Omar Lien Deputy Chief Executive Officer
Peter Javestad Vice President of Investor Relations, Acting Chief Executive Officer and President of Proact Finance
Jonas Persson Chief Financial Officer
Per Sedihn Chief Technology Officer

6 Former Executives

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Proact IT Group Board Members (1)

Name Representing Role Since Contact
Info
00000000 0000000ö0 Self Board Member 000 0000