Company profile: Vitec Software
1.1 - Company Overview
Company description
- Provider of industry-specific business systems and standardized software. Solutions include ERP for global laundry and textile rental; capital market process software in the Nordics and Western Europe; healthcare systems in Finland; operations systems for public visitor facilities and events; digital tools for churches in Norway; and technology/information management for production and maintenance.
Products and services
- ABS Laundry Business Solutions: A global-scale ERP for laundry and textile rental, orchestrating order management, inventory, production, delivery, invoicing, and mobile logistics for international operations
- Vitec Acute: Finland-specific healthcare software for providers, offering systems for both public and private healthcare sectors in Finland
- Vitec Aloc: Capital-market-specific software systems that streamline efficient processes tailored to individual customer needs across the Nordics and Western Europe
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Vitec Software
Global IT
HQ: Switzerland
Website
- Description: Provider of IT infrastructure, cloud services, and cybersecurity solutions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Nostra
HQ: Ireland
Website
- Description: Provider of business IT services, offering IT support and IT maintenance to businesses across sectors such as education, hotels, and retail.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Resolve Tech
HQ: United States
Website
- Description: Provider of SAP implementation and managed cloud services, including S/4HANA upgrades on-premise and in public cloud, SAP cloud migration and S/4HANA migration advisory. Offers digital transformation, agile development, AI/ML, data engineering, cloud security, vulnerability management, mobile application development, and IoT-based monitoring and control.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Port-IT
HQ: The Netherlands
Website
- Description: Provider of maritime cybersecurity solutions, offering services and products for secure communication, threat detection, and incident response to enhance the cybersecurity posture of ships and maritime infrastructure.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Cynomi
HQ: Israel
Website
- Description: Provider of an AI-driven vCISO platform that automates risk and compliance assessments, generates unique cyber profiles, NIST/ISO 27001-based policies, and prioritized remediation plans. Includes proprietary AI assessments against standards and threat intelligence, plus a real-time operations dashboard for cybersecurity posture, compliance status, and remediation tasks.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Vitec Software
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Vitec Software
2.2 - Growth funds investing in similar companies to Vitec Software
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4 - Top valuation comps for Vitec Software
4.2 - Public trading comparable groups for Vitec Software
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