FARA Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 64

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

  • Investments
  • 3

FARA General Information

Description

Provider of information technology services intended for the public transport sector in the Nordic region. The company specializes in electronic ticketing, contactless ticketing, ticket inspection and information services about zones, distance, time and means of transportation as well as news, commercial advertisements, weather reports and infotainment, thereby enabling clients with comprehensive transport systems.

Contact Information

Website
www.fara.no
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • Falkenborgvegen 36A
  • 7044 Trondheim
  • Norway
+47 815 00 000
Primary Industry
IT Consulting and Outsourcing
Parent Company
Modaxo
Vertical(s)
TMT
Corporate Office
  • Falkenborgvegen 36A
  • 7044 Trondheim
  • Norway
+47 815 00 000

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FARA Valuation & Funding

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

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FARA Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of information technology services intended for the public transport sector in the Nordic region. The company s
IT Consulting and Outsourcing
Trondheim, Norway
64 As of 2007
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00 0000000000 000 00
Ostermundigen, Switzerland
00 As of 0000

0-0000

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00 0000000000 000 00
Frankfurt, Germany
00000 As of 0000
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FARA Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Scheidt & Bachmann Schweiz Corporation Ostermundigen, Switzerland 00
T-Systems International Corporate Backed or Acquired Frankfurt, Germany 00000 000000000 -
ATRON electronic Corporation Markt Schwaben, Germany 00
Scheidt & Bachmann Private Equity-Backed Monchengladbach, Germany 0000
IVU Traffic Technologies Corporation Berlin, Germany 0000 00000000000
To view FARA’s complete competitors history, request access »

FARA Executive Team (8)

Name Title Board Seat
Josef Salpeter Chief Executive Officer
Stig Ronning Chief Technology Officer
Thomas Petersen Chief Commercial & Product Officer
Reinert Sannerud Chief Quality Officer
You’re viewing 4 of 8 executive team members. Get the full list »

FARA Board Members (4)

Name Representing Role Since
000 0000000 FARA Chairman 000 0000
0000000 0000000 Arntzen de Besche Board Member 000 0000
You’re viewing 2 of 4 board members. Get the full list »

FARA 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

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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FARA Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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FARA Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CPT Nordic 10-Dec-2008 0000000000 00000 Systems and Information Management Ø0000 000
TNC Connect 26-Feb-2007 0000000000 00.000 Other Communications and Networking Ø0000 000
Buscom 19-Jan-2007 Merger/Acquisition 00.000 Other Commercial Services
To view FARA’s complete acquisitions history, request access »

FARA Subsidiaries (1)

Company Name Industry Location Founded
TNC Connect Other Communications and Networking Sonderborg, Denmark 0000
To view FARA’s complete subsidiaries history, request access »

FARA FAQs

  • When was FARA founded?

    FARA was founded in 2005.

  • Who is the CEO of FARA?

    Josef Salpeter is the CEO of FARA.

  • Where is FARA headquartered?

    FARA is headquartered in Trondheim, Norway.

  • What is the size of FARA?

    FARA has 64 total employees.

  • What industry is FARA in?

    FARA’s primary industry is IT Consulting and Outsourcing.

  • Is FARA a private or public company?

    FARA is a Private company.

  • What is FARA’s current revenue?

    The current revenue for FARA is 00000.

  • Who are FARA’s investors?

    Q-Free and Ticketer have invested in FARA.

  • Who are FARA’s competitors?

    Scheidt & Bachmann Schweiz, T-Systems International, ATRON electronic, Scheidt & Bachmann, and IVU Traffic Technologies are some of the 6 competitors of FARA.

  • When was FARA acquired?

    FARA was acquired on 28-Nov-2023.

  • Who acquired FARA?

    FARA was acquired by Modaxo.

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