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- Siteimprove
Siteimprove Acquisition, Valuation, Funding & Investors
Siteimprove was acquired by Nordic Capital for $911M in September 2020, a 10.7x multiple on $85M of revenue.
Siteimprove acquisition price
$911M
Acquired by Nordic Capital · Sep 2020
Siteimprove revenue at acquisition
$85M
Last twelve months · Sep 2020
Siteimprove revenue multiple at acquisition
10.7x
EV/Revenue · Sep 2020
Siteimprove EBITDA multiple at acquisition
82.8x
EV/EBITDA · Sep 2020
About Siteimprove
Siteimprove is a Copenhagen-headquartered vendor of Digital Presence Optimization software. The Intelligence Platform analyzes websites for SEO, accessibility, content quality, and compliance with standards like WCAG and ADA, serving organizations in Europe and North America.
Founded
2003
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$85M (Sep 2020)
Valuation
$911M (acquired Sep 2020)
Siteimprove Acquisition
Siteimprove was acquired by Nordic Capital for $911M on 4 September 2020.
The acquisition price implies a 10.7x revenue and 82.8x EBITDA multiple on $85M of revenue.
Before the acquisition Siteimprove had raised $55M across 1 funding round.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 4 Sep 2020 | PE buyout | $911M | 10.7x | 82.8x |
Siteimprove Funding History
Siteimprove has raised a total of $55M across 1 funding round.
Siteimprove funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2015 | Undisclosed stage | Summit Partners (lead) | $55M | Siteimprove is a Danish SaaS company founded in 2003 that provides web governance software enabling publishers, marketers, and web professionals to manage and optimize their online presence through automated quality assurance, accessibility compliance, SEO, and analytics. The company had grown organically and profitably for twelve years prior to this funding round, with 3,500 customers globally across industries including financial services, government, technology, pharmaceuticals, and education. In December 2015, Siteimprove received a $55 million minority investment from growth equity firm Summit Partners, with Antony Clavel (later identified as Han Sikkens in another source) joining the board of directors. The investment was designed to accelerate international expansion, sales and marketing efforts, and product development as the company capitalized on growing demand for web governance solutions. At the time of the round, Siteimprove employed 260 staff across eleven worldwide offices and had recently established operations in six new countries during 2015, demonstrating strong momentum in its market positioning. |
Who has invested in Siteimprove?
1 investor has backed Siteimprove across its funding rounds, including Summit Partners.
Lead investors include Summit Partners.
Siteimprove Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Siteimprove investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Siteimprove
Siteimprove has acquired 1 company to date.
Last acquisition by Siteimprove was on October 8th 2024. Siteimprove acquired MarketMuse for undisclosed valuation.
Latest Acquisitions by Siteimprove
| Description | - |
| HQ Country | |
| HQ City | - |
| Deal Date | 8 Oct 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Siteimprove acquisitions and their M&A valuation multiples. Start Free Trial | |
Siteimprove Competitors
Siteimprove competitors include listed companies like Claritev and Octave Intelligence, and private ones like Workboard, Planhat, Cortex and Assembled.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $800M | - | ||
| Private | - | - | $564M | - | ||
| Private | - | - | $470M | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $965M | $466M | $538M | 5.2x | ||
| Publicly listed | $1.6B | $530M | $5B | 3.3x |
Siteimprove Public Comps
Siteimprove is no longer listed, but its public comps include Beijing Join-Cheer, WingArc1st, Similarweb, Cognyte Software, RWS Holdings, Clarivate, Red Violet, Plus Alpha Consulting, Latent View Analytics and Claritev.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $386M | $11M | 1.9x | - | 68.9x | - | |||
| $199M | $70M | 3.5x | 3.3x | 10.0x | 10.5x | |||
| $283M | ($15M) | 2.5x | 2.3x | (48.6x) | 26.2x | |||
| $400M | $21M | 1.5x | 1.4x | 27.6x | 9.8x | |||
| $927M | ($26M) | 0.7x | 0.7x | (27.2x) | 4.8x | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $90M | $24M | 13.2x | 11.7x | 50.0x | 31.7x | |||
| $110M | $36M | 4.2x | 3.8x | 12.9x | 9.4x | |||
This data is available for Pro users. Sign up to see all Siteimprove competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Siteimprove
| When was Siteimprove founded? | Siteimprove was founded in 2003. |
| Where is Siteimprove headquartered? | Siteimprove is headquartered in Copenhagen, Denmark. |
| Is Siteimprove publicly listed? | No, Siteimprove was acquired by Nordic Capital in September 2020. |
| Who acquired Siteimprove? | Siteimprove was acquired by Nordic Capital in September 2020. |
| How much was Siteimprove acquired for? | Siteimprove was acquired for $911M in September 2020, a 10.7x revenue multiple. |
| How much funding has Siteimprove raised? | Siteimprove has raised $55M across 1 funding round. |
| What was Siteimprove's last funding round? | Siteimprove's last funding round was a $55M undisclosed-stage round in December 2015, led by Summit Partners. |
| Who are Siteimprove's investors? | Siteimprove's investors include Summit Partners. |
| Which companies are comparable to Siteimprove? | Companies comparable to Siteimprove include Workboard, Planhat, Cortex, Assembled, Claritev and Octave Intelligence. |
| How many companies has Siteimprove acquired? | Siteimprove has acquired 1 company, including MarketMuse. |
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