Altus Group

Toronto, Canada Founded: 2005 • Age: 21 yrs Acquired By EquiSoft
Project management, asset management, and IT consulting services are provided.
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About Altus Group

Altus Group is a company based in Toronto (Canada) founded in 2005 was acquired by EquiSoft in July 2021.. The company has 1,900 employees as of December 31, 2024. Altus Group has completed 11 acquisitions, including ARGUS Software, CVS UK and Finance Active. Altus Group offers products and services including ARGUS Intelligence, ARGUS Enterprise, ARGUS EstateMaster, Forbury, and Reonomy. Altus Group operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.

  • Headquarter Toronto, Canada
  • Employees 1900 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altus Group Limited
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $361.22 M (USD)
    1.96
    as on Dec 31, 2024
  • Net Profit
    $9.33 M (USD)
    31.19
    as on Dec 31, 2024
  • EBITDA
    $54.75 M (USD)
    25
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    1900

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    EquiSoft

    (Jul 05, 2021)

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IPO & Listings of Altus Group

Altus Group is a publicly listed company on the TSX with ticker symbol AIF in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: AIF . Sector: Finance · Canada

Products & Services of Altus Group

Altus Group offers a comprehensive portfolio of products and services, including ARGUS Intelligence, ARGUS Enterprise, ARGUS EstateMaster, Forbury, and Reonomy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for modeling and managing real estate assets and funds.

Tool for commercial property valuation and cash flow forecasting.

Platform for property development feasibility and project management.

Software for real estate appraisal and investment analysis.

Platform providing property and company data for real estate insights.

People of Altus Group
Headcount 1000-5000
Employee Profiles 172
Board Members and Advisors 11
Employee Profiles
People
Priyanka Hirawat
Manager, Internal Controls & Compliance
People
Erçin Aslan
Senior Counsel
People
Matt Tordoff
Chief Information Officer
People
Aditya D.
Principal Architect

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Board Members and Advisors
people
Janet Woodruff
Board Member
people
Anthony Long
Board Member
people
Raymond Mikulich
Chairman
people
Colin Dyer
Board Member

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Funding Insights of Altus Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Altus Group

Altus Group has secured backing from 1 investor. Prominent investors backing the company include EquiSoft. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Digital solutions for insurance and wealth management are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Altus Group

Altus Group has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include ARGUS Software, CVS UK and Finance Active. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial real estate sales services are provided for clients.
2018
Real estate and property management services are provided by Intrer.com.
2016
Commercial real estate data and analytics are provided to investors.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Altus Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Altus Group Comparisons

Employees
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Competitors of Altus Group

Altus Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
IT outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
Multi-access edge networking computing platform is provided for mobile services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altus Group

Frequently Asked Questions about Altus Group

When was Altus Group founded?

Altus Group was founded in 2005.

Where is Altus Group located?

Altus Group is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

How many employees does Altus Group have?

As of Dec 31, 2024, the latest employee count at Altus Group is 1,900.

What is the annual revenue of Altus Group?

Annual revenue of Altus Group is $361.22M as on Dec 31, 2024.

What does Altus Group do?

Altus Group is an advisory service, software and data solution company. Provides analytics and expert services that include project appraisal, cost segregation, debt valuation, due diligence, litigation support, valuation process administration. The analytics services include modeling of commercial, retail, residential and operated asset development projects, Sensitivity analysis, reporting of dynamic KPI, Development Budget and Reforecasting. Based out of Canada and extends operations in North America, Europe and Asia Pacific.Targets commercial real estate industry.

Who are the top competitors of Altus Group?

Altus Group's top competitors include Happiest Minds, Mavenir and GirnarSOFT.

What products or services does Altus Group offer?

Altus Group offers ARGUS Intelligence, ARGUS Enterprise, ARGUS EstateMaster, Forbury, and Reonomy.

Is Altus Group publicly traded?

Yes, Altus Group is publicly traded on TSX under the ticker symbol AIF.

How many acquisitions has Altus Group made?

Altus Group has made 11 acquisitions, including ARGUS Software, CVS UK, and Finance Active.

Who are Altus Group's investors?

Altus Group has 1 investor. Key investors include EquiSoft.

What is Altus Group's ticker symbol?

The ticker symbol of Altus Group is AIF on TSX.

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