Adare SEC
Helping organizations build higher-value relationships with their customers through better communication.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 33 % | (1 %) | 3 % | 2 % | (18 %) | - | (24 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 7 % | (2 %) | - | 6 % | 3 % | 1 % | 4 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | (7 %) | (5 %) | 2 % | (3 %) | (3 %) | 2 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Adare SEC is a provider of technology-led, outbound and inbound secure and essential communication solutions. The company assists its clients with the management and delivery of their customer communications. It operates in the integrated communications sector, serving private and public sector clients who have a need for high-quality, secure communication with their customers. Adare SEC specializes in transforming the way their clients communicate, offering a range of services from traditional print and mail to digital solutions. The business model focuses on providing end-to-end services, encompassing data management, content creation, multi-channel delivery, and inbound communication handling.
Originally established in 1983 as Adare Printing, it evolved through various acquisitions and rebranding efforts. A significant milestone occurred in June 2023 when Adare SEC was acquired by Opus Trust Communications, a move aimed at creating a £120 million-turnover entity to enhance its market position and expand its service offerings across the UK. Barry Crich was the Managing Director of Adare SEC at the time of the acquisition. Prior to this, the company was part of the Adare Group and was subject to a management buyout in 2015. The company has facilities in Huddersfield and Redditch.
The company's core services include digital and physical document management, secure data handling, and multi-channel customer engagement. They cater to sectors with complex regulatory and security requirements, such as financial services, healthcare, and government, ensuring communications are both compliant and effective. Its product suite includes inbound and outbound mail services, electronic communications delivery, and a digital experience platform (DXP) to manage customer journeys. Keywords: secure communications, customer communication management, integrated communications, transactional mail, digital document delivery, multi-channel communication, data security, business process outsourcing, print services, customer engagement