About EET Group
EET Group is a company based in Rudersdal (Denmark) founded in 1986.. The company has 738 employees as of December 31, 2020. EET Group has completed 8 acquisitions, including AVANTIS Distribution, Barex Nordic and Config. EET Group operates in a competitive market with competitors including CDW Corporation, Ingram Micro, Insight, ITsavvy and Nero, among others.
- Headquarter Rudersdal, Denmark
- Employees 738 as on 31 Dec, 2020
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
$196.45 K (USD)10as on Dec 31, 2022
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EBITDA
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Latest Funding Round
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Investors
Armada Credit Partners
& 5 more
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Employee Count
738
as on Dec 31, 2020
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Investments & Acquisitions
AVANTIS Distribution
& 7 more
- Acquired by
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Software Development Team
8 people
Product Management Team
8 people
Leadership Team
5 people
Sales and Marketing
4 people
Finance and Accounting
3 people
Data Analysis and Operations Team
2 people
Human Resources and Administration
2 people
Head Team
2 people
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Funding Insights of EET Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Debt – Venture - EET Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EET Group
EET Group has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Armada Credit Partners, FSN Capital and Pamplona Capital Management. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private debt solutions are offered to sustainable growing companies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity investment firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EET Group
EET Group has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AVANTIS Distribution, Barex Nordic and Config. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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CCTV, access control, and fire products are resold by Oprema.
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2010 | ||||
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Blogs on online lotteries, gambling, and casinos are maintained.
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2005 | ||||
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Hardware and software products are supplied to various customers.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - EET Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eet Group Comparisons
Competitors of EET Group
EET 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 CDW Corporation, Ingram Micro, Insight, ITsavvy and Nero, 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 |
Provider of IT service suite solutions
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| domain | founded_year | HQ Location |
Software and hardware products are resold alongside business intelligence services.
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| domain | founded_year | HQ Location |
Hardware, software, cloud solutions, and IT services are provided globally.
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| domain | founded_year | HQ Location |
A suite of IT services is provided to clients.
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| domain | founded_year | HQ Location |
Nero is recognized for developing multimedia and AI software solutions.
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| domain | founded_year | HQ Location |
IT hardware, software, and services are provided by Zones.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eet Group
Frequently Asked Questions about EET Group
When was EET Group founded?
EET Group was founded in 1986 and raised its 1st funding round 25 years after it was founded.
Where is EET Group located?
EET Group is headquartered in Rudersdal, Denmark.
Who is the current CEO of EET Group?
Soren Drewsen is the current CEO of EET Group.
How many employees does EET Group have?
As of Dec 31, 2020, the latest employee count at EET Group is 738.
What does EET Group do?
EET Group was founded in 1986 and is headquartered in Rudersdal, Denmark. Operations are maintained through 33 sales offices in 27 countries across Europe and Africa. Specialization occurs in eight areas, including server and computer parts, storage and network solutions, mobile accessories, home entertainment electronics, surveillance and security systems, point-of-sale equipment, auto-ID technologies, and logistical services. Back-office support functions are also provided within the IT distribution sector.
Who are the top competitors of EET Group?
EET Group's top competitors include CDW Corporation, ITsavvy and Insight.
How many acquisitions has EET Group made?
EET Group has made 8 acquisitions, including AVANTIS Distribution, Barex Nordic, and Config.
Who are EET Group's investors?
EET Group has 4 investors. Key investors include Armada Credit Partners, FSN Capital, Pamplona Capital Management, and Capidea.
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