IPCOM

Merelbeke, Belgium Founded: 2010 • Age: 16 yrs Acquired By Astorg Partners
Innovative insulation solutions are distributed and converted for various industries.
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About IPCOM

IPCOM is a company based in Merelbeke (Belgium) founded in 2010 was acquired by Astorg Partners in July 2022.. The company has 14 employees as of December 31, 2022. IPCOM has completed 4 acquisitions, including Areacooling, IBSL Group and RSL.

  • Headquarter Merelbeke, Belgium
  • Employees 14 as on 31 Dec, 2022
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ipcom Nv
Operational Areas
Key Metrics
  • Annual Revenue
    $9.38 M (USD)
    65
    as on Dec 31, 2022
  • Net Profit
    $3.2 M (USD)
    937
    as on Dec 31, 2022
  • EBITDA
    $3.2 M (USD)
    925
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
    Astorg

    & 1 more

  • Employee Count
    14

    as on Dec 31, 2022

  • Investments & Acquisitions
    Areacooling

    & 3 more

  • Acquired by
    Astorg Partners

    & 1 more

    (Jul 19, 2022)

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People of IPCOM
Headcount 500-1000
Employee Profiles 7
Employee Profiles
People
Kristof Vermeulen
Group Controller
People
Luc De Busscher
CFO
People
Remco Boerefijn
CEO
People
Marc Beyse
International Procurement Manager

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Funding Insights of IPCOM

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 IPCOM

IPCOM has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Astorg and Alpha Group. 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
Venture Fund
Investor Description Founded Year Domain Location
Astorg is engaged in private equity investment management.
Founded Year Domain Location
Alpha Group is engaged in private equity investments across Europe.
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 IPCOM

IPCOM has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Areacooling, IBSL Group and RSL. 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
Manufacturer and supplier of power generation insulation materials
1989
Provider of dimensional control and surveying services for oil & gas industry
1974
Leading supplier of refrigeration and associated products
1946
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 - IPCOM

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

Ipcom Comparisons

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Competitors of IPCOM

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 Ipcom

Frequently Asked Questions about IPCOM

When was IPCOM founded?

IPCOM was founded in 2010.

Where is IPCOM located?

IPCOM is headquartered in Merelbeke, Belgium. It is registered at Merelbeke, East Flanders, Belgium.

Who is the current CEO of IPCOM?

Bernard Vercaemst is the current CEO of IPCOM.

How many employees does IPCOM have?

As of Dec 31, 2022, the latest employee count at IPCOM is 14.

What is the annual revenue of IPCOM?

Annual revenue of IPCOM is $9.38M as on Dec 31, 2022.

What does IPCOM do?

IPCOM was founded in 2010 in Merelbeke, Belgium, and operates as a distributor and converter of insulation materials within the building and industrial sectors. Thermal, high-temperature, passive fire protection, and acoustic insulation products are supplied to installers, contractors, wholesalers, and original equipment manufacturers. A network of distribution outlets is maintained to deliver solutions that support energy efficiency and noise control in living and working environments.

How many acquisitions has IPCOM made?

IPCOM has made 4 acquisitions, including Areacooling, IBSL Group, and RSL.

Who are IPCOM's investors?

IPCOM has 2 investors. Key investors include Astorg, and Alpha Group.

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