About Etac Group
Etac Group is a company based in Stockholm (Sweden) founded in 1973 was acquired by Nordstjernan in December 2011.. The company has 109 employees as of December 31, 2022. Etac Group has completed 2 acquisitions, including HoverTech and Molift.
- Headquarter Stockholm, Sweden
- Employees 109 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
***********
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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
$4.01 M (USD)-16as on Dec 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
109
as on Dec 31, 2022
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Investments & Acquisitions
HoverTech
& 1 more
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Acquired by
Nordstjernan
(Dec 02, 2011)
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Funding Insights of Etac 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 |
Investors in Etac Group
Etac Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nordstjernan. 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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Nordstjernan is operated as a foundation-owned investment house in Sweden.
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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 Etac Group
Etac Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HoverTech and Molift. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
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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Air-assisted medical devices and disposable products are manufactured.
|
1997 | ||||
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Wheelchairs, cushions, and toilet and bath accessories are manufactured.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Etac 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Etac Group Comparisons
Competitors of Etac Group
| 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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Frequently Asked Questions about Etac Group
When was Etac Group founded?
Etac Group was founded in 1973.
Where is Etac Group located?
Etac Group is headquartered in Stockholm, Sweden.
How many employees does Etac Group have?
As of Dec 31, 2022, the latest employee count at Etac Group is 109.
What does Etac Group do?
Etac Group was founded in 1973 in Stockholm, Sweden, within the assistive technology sector. Ergonomic devices and patient handling equipment are developed and supplied, covering paediatrics, seating, standing aids, walking supports, toilet and bath solutions, hoists, slings, wheelchairs, and daily living aids. Custom solutions and related services are provided to address mobility and independence needs for various users.
How many acquisitions has Etac Group made?
Who are Etac Group's investors?
Etac Group has 1 investor. Key investors include Nordstjernan.