Vitec Software Group Overview
- Year Founded
-
1985

- Status
-
Public
- Employees
-
1,570

- Stock Symbol
-
VIT B

- Investments
-
60
- Share Price
-
$58.37
- (As of Monday Closing)
Vitec Software Group General Information
Description
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.
Contact Information
Website
www.vitecsoftware.comCorporate Office
- Tvistevägen 47 A
- 907 29 Umea
- Sweden
Corporate Office
- Tvistevägen 47 A
- 907 29 Umea
- Sweden
Vitec Software Group Timeline
Vitec Software Group Stock Performance
As of 17-Feb-2025, Vitec Software Group’s stock price is $58.37. Its current market cap is $2.32B with 39.8M shares.
(As of Monday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$58.37 | $59.29 | $40.72 - $59.80 | $2.32B | 39.8M | 63.1K | $1.02 |
Vitec Software Group Financials Summary
As of 31-Dec-2024, Vitec Software Group has a trailing 12-month revenue of $315M.
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | 2,067,261 | 2,067,261 | 2,353,711 | 1,628,429 |
Revenue | 315,284 | 315,284 | 261,317 | 194,994 |
EBITDA | 123,470 | 123,470 | 97,331 | 69,490 |
Net Income | 38,776 | 38,776 | 31,911 | 24,137 |
Total Assets | 913,930 | 913,930 | 783,409 | 605,919 |
Total Debt | 221,571 | 221,571 | 225,826 | 155,599 |
Vitec Software Group Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Vitec Software Group Comparisons
Industry
Financing
Details
Vitec Software Group Competitors (2)
One of Vitec Software Group’s 2 competitors is Industrial and Financial Systems, a Private Equity-Backed company based in Linkoping, Sweden.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Industrial and Financial Systems | Private Equity-Backed | Linkoping, Sweden | ||||
Entersoft | Private Equity-Backed | Athens, Greece |
Vitec Software Group Signals
Vitec Software Group Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Vitec Software Group Investments & Acquisitions (60)
Vitec Software Group’s most recent deal was a Merger/Acquisition with Intergrip. The deal was made on 07-Feb-2025.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Intergrip | 07-Feb-2025 | Merger/Acquisition | Educational Software | ||
Figlo | 02-Dec-2024 | Merger/Acquisition | Financial Software | ||
Roidu | 20-Nov-2024 | Merger/Acquisition | Business/Productivity Software | ||
Olyslager Organisation | 04-Nov-2024 | Merger/Acquisition | Database Software | ||
Trinergy | 12-Sep-2024 | Merger/Acquisition | Business/Productivity Software |
Vitec Software Group ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
23.42 | 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
Management
Management is related to actions taken to manage ESG issues
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
of 15,120
Rank
Percentile

Software & Services
Industry
of 962
Rank
Percentile

Enterprise and Infrastructure Software
Subindustry
of 379
Rank
Percentile

Vitec Software Group Exits (1)
Vitec Software Group’s most recent exit was on 07-Sep-2016 from FuturSoft. The exit was categorized as .
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
FuturSoft | 07-Sep-2016 | Completed |
|
Affiliates
Subsidiaries (47)
Name | Industry | Location | Year Founded |
---|---|---|---|
Taxiteknik Nordic | Stockholm, Sweden | 2019 | |
Vitec Shared Services | Oslo, Norway | 2018 | |
Entry Event Sweden | Mölndal, Sweden | 2015 | |
BidTheatre | Stockholm, Sweden | 2012 | |
Appva | Gothenburg, Sweden | 2011 |
Vitec Software Group FAQs
-
When was Vitec Software Group founded?
Vitec Software Group was founded in 1985.
-
Where is Vitec Software Group headquartered?
Vitec Software Group is headquartered in Umea, Sweden.
-
What is the size of Vitec Software Group?
Vitec Software Group has 1,570 total employees.
-
What industry is Vitec Software Group in?
Vitec Software Group’s primary industry is Vertical Market Software.
-
Is Vitec Software Group a private or public company?
Vitec Software Group is a Public company.
-
What is Vitec Software Group’s stock symbol?
The ticker symbol for Vitec Software Group is VIT B.
-
What is the current stock price of Vitec Software Group?
As of 17-Feb-2025 the stock price of Vitec Software Group is $58.37.
-
What is the current market cap of Vitec Software Group?
The current market capitalization of Vitec Software Group is $2.32B.
-
What is Vitec Software Group’s current revenue?
The trailing twelve month revenue for Vitec Software Group is $315M.
-
Who are Vitec Software Group’s competitors?
Industrial and Financial Systems and Entersoft are competitors of Vitec Software Group.
-
What is Vitec Software Group’s annual earnings per share (EPS)?
Vitec Software Group’s EPS for 12 months was $1.02.
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