carttec GmbH
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carttec GmbH - overview
Location
Eislingen, -, Germany
Primary Industry
Consumer Products
About
carttec GmbH is a technology company focused on providing advanced loss prevention solutions for the retail sector, enhancing merchandise security and operational efficiency through innovative products. Founded in Eislingen, Germany, carttec GmbH specializes in loss prevention technology. In August 2017, the company was acquired by GateKeeper Systems, a portfolio company of Hammond, Kennedy, Whitney & Co. The acquisition financial terms were not disclosed.
carttec GmbH offers advanced loss prevention technologies including Purchek®, CartControl®, and CartManager® Ultra. Purchek® acts as a covert deterrent against theft, while CartControl® prevents shopping carts from leaving retail premises to decrease merchandise loss. CartManager® Ultra enhances cart collection efficiency to minimize labor hours, serving a diverse global clientele across North America, Europe, and Asia. carttec GmbH generates revenue through B2B transactions, primarily from direct sales and partnerships with retailers and wholesalers.
Their revenue model is centered around patented loss prevention solutions, which include initial product sales and ongoing service fees for maintenance and analytics reporting, tailored to client needs. In the future, carttec GmbH aims to introduce new products designed to enhance their loss prevention technology. The company is also considering expansion into new markets, specifically targeting regions in Asia and North America by 2025, leveraging insights gained from the acquisition. The funding from the August 2017 acquisition will support these growth initiatives and enhance their operational capabilities.
Current Investors
Gatekeeper Systems, Inc.
Primary Industry
Consumer Products
Sub Industries
Consumer Products, Consumer Services
Website
www.carttec.de
Company Stage
Add-on
Total Amount Raised
Subscriber access only
carttec GmbH - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | 1,228.7 | 83,647.1 | 165,690.2 | 171,273.4 | - | 145,099.6 | 365,948.2 | 470,192.7 | 1,624,512.8 | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - | - | - | - |
carttec GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | carttec GmbH | - |
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carttec GmbH - employee data
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