Radar > 277881

Promaut opens EUR 2m funding round to launch new products and expand internationally

Promaut abre una ronda de financiación de EUR 2m para lanzar nuevos productos y expandirse internacionalmente

Intel ID : 277881
Synopsis

Promaut, a provider of engineering services for the motor industry, opened a EUR 2m funding round.

Promaut, based in Barcelona, robotized models such as the Arona, León, Ibiza and the Audi Q3, among others. The company invoiced EUR 9m in 2018 and expects to reach revenues of EUR 25m until 2022. Promaut's objective is to acquire new companies, internationalise and launch new products.
(content in spanish)

Promaut, empresa española dedicada a prestar servicios de ingeniería para la industria del motor, ha abierto una ronda de financiación de EUR 2m.

Promaut, con sede en Barcelona, ha robotizado modelos como el Arona, León, Ibiza o el Audi Q3, entre otros. La compañía facturó EUR 9m en 2018 y espera alcanzar ingresos por importe de EUR 25m hasta 2022. El objetivo de Promaut es adquirir nuevas empresas, internacionalizarse y lanzar nuevos productos.

Target


Intel ID 277881
Value EUR 2,00m
Native Currency Euro (EUR)
Financial Data - Promaut
(31 Dec 2019)
Revenue: EUR 9,35m
EBITDA: EUR 1,52m
Net Debt: EUR 4,91m
People: 74
Date
Country
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
Services and Distribution / Cars, Motorcycles and Other Vehicles
Primary Sector (TTRSC)
10.01.08 Industrial Design & Engineering Services
10 Business Services / 10.01 Business & Professional Support Services

Secondary Sectors (TTRSC)
35.03.02 Building Contractors
35 Industrials / 35.03 Construction & Engineering

35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

35.03.99 Other Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.