About Opus
Opus is a company based in Goteborg (Sweden) founded in 1990 was acquired by Searchlight Capital in January 2020. It operates as a Managed Services, and Professional Services. The company has 1,160 employees as of December 31, 2021. Opus has completed 3 acquisitions, including Autologic, DM-KER and ESC Spectrum. Opus offers products and services including Vehicle Inspection, Intelligent Vehicle Support, and US Emission Testing. Opus operates in a competitive market with competitors including Bilprovningen, Fordonskontroll, Carspect, Carly and ClearCar, among others.
- Headquarter Goteborg, Sweden
- Employees 1160 as on 31 Dec, 2021
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Opus Group Ab (Publ)
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1160
as on Dec 31, 2021
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Investments & Acquisitions
Autologic
& 2 more
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Acquired by
Searchlight Capital
(Jan 22, 2020)
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Products & Services of Opus
Opus offers a comprehensive portfolio of products and services, including Vehicle Inspection, Intelligent Vehicle Support, and US Emission Testing. 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.
Vehicle inspection programs are conducted for safety compliance.
Diagnostic and remote support solutions are provided for vehicles.
Emission testing programs are managed for air quality.
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Funding Insights of Opus
| 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 Opus
Opus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Searchlight Capital. 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 equity 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 Opus
Opus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Autologic, DM-KER and ESC Spectrum. 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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Manufacture and supply of crop equipment are provided by DM-KER.
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2008 | ||||
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Provider of integrated diagnostics systems for automotive technicians
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1999 | ||||
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ESC Spectrum is engaged in providing emissions monitoring solutions for industrial compliance with clean air regulations.
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1969 |
| 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 - Opus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Opus Comparisons
Competitors of Opus
Opus 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 Bilprovningen, Fordonskontroll, Carspect, Carly and ClearCar, 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 |
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| domain | founded_year | HQ Location |
Vehicle inspection and testing services are provided nationwide in Sweden.
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| domain | founded_year | HQ Location |
Vehicle inspections are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Pre-purchase car inspections are facilitated via an online booking platform.
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| domain | founded_year | HQ Location |
OBDII adapters and apps for vehicle diagnostics are offered.
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| domain | founded_year | HQ Location |
Car inspection services are provided across Sweden by ClearCar.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Opus
Frequently Asked Questions about Opus
When was Opus founded?
Opus was founded in 1990.
Where is Opus located?
Opus is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
How many employees does Opus have?
As of Dec 31, 2021, the latest employee count at Opus is 1,160.
What does Opus do?
Opus is established as a global leader in vehicle inspection and intelligent vehicle support. Services are provided to ensure road safety and reduce emissions through tailored programs for governments. Solutions are developed for emission testing, remote sensing, and advanced diagnostics for modern vehicles. Operations are conducted across multiple regions, addressing challenges in automotive technology and sustainability. Sectors served include automotive safety and environmental compliance with a focus on innovation.
Who are the top competitors of Opus?
Opus's top competitors include Carspect, Carly and Bilprovningen.
What products or services does Opus offer?
Opus offers Vehicle Inspection, Intelligent Vehicle Support, and US Emission Testing.
How many acquisitions has Opus made?
Opus has made 3 acquisitions, including Autologic, DM-KER, and ESC Spectrum.
Who are Opus's investors?
Opus has 1 investor. Key investors include Searchlight Capital.
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