Forsitec

Forsitec

Computing engineering services.

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DateInvestorsAmountRound

€300k

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues0000000000000000000000000000
% growth---(29 %)72 %2 %(3 %)
EBITDA0000000000000000000000000000
% EBITDA margin--9 %8 %10 %6 %-
Profit0000000000000000000000000000
% profit margin---6 %7 %4 %2 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Forsitec
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Forsitec operates as a specialized IT services and consulting entity within the MGI Consultants Group, focusing on the operational maintenance and evolution of information technology infrastructures. The firm was established in 2005 and has since developed considerable expertise in IT services tailored for large corporate clients across various sectors, including banking, insurance, industry, media, and public administration.

A significant milestone in the company's history was its 2014 merger with CISIF, a move that substantially strengthened its capabilities within the Digital Workspace domain. This was followed by a strategic acquisition in January 2019, when Forsitec joined the MGI Consultants Group. This integration was a strategic step to consolidate a specialist model for IT infrastructure, positioning the combined entity to better address the digitalization needs of major market players. The parent group, MGI Consultants, was originally founded in 1991 by systems engineers.

The business model centers on providing a comprehensive suite of IT services, encompassing advisory roles, managed services, outsourcing (infogérance), cloud solutions, virtualization, and IT transformation projects. Forsitec delivers its services through consulting, project management, expert support, and complete outsourcing solutions. The company serves major corporations, helping them manage, evolve, and transform their IT environments with a focus on infrastructure expertise, datacenter and cloud services, service management, and security. By joining the MGI Group, Forsitec expanded its geographical reach to include Paris, Toulouse, Pau, and Switzerland and leveraged MGI's established proficiency in managed services and outsourced service centers.

Keywords: IT infrastructure services, managed services, IT consulting, digital transformation, cloud solutions, virtualization, digital workspace, data center services, IT outsourcing, service management, IT security, systems integration, corporate IT solutions, infrastructure management, enterprise IT, IT support, network infrastructure, IT projects, technology consulting, application management

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