Gigas

Gigas

An international group specializing in providing converged and turnkey communications and cloud services for businesses.

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$2.8m

Growth Equity VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2021202220232024202520262027
Revenues0000000000000000000000000000
% growth381 %18 %9 %19 %(1 %)2 %2 %
EBITDA0000000000000000000000000000
% EBITDA margin20 %21 %23 %22 %24 %25 %25 %
Profit0000000000000000000000000000
% profit margin(10 %)(6 %)(7 %)1 %---
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, Equity research estimates

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More about Gigas
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Gigas Hosting, S.A. (BME:GIGA) is a Spanish multinational firm that has carved a niche in providing converged cloud, IT, cybersecurity, and telecommunications services. Established in 2011 by a team of five founders with deep roots in the telecommunications and internet sectors, the company was conceptualized to address the cloud infrastructure needs of small and medium-sized enterprises (SMEs). The founding team, led by CEO Diego Cabezudo and COO José Antonio Arribas, leveraged their extensive experience from major technology and telecom companies to steer the startup's direction. Cabezudo, a Telecommunications Engineer with an MBA from London Business School, brought a wealth of experience from his time at companies like TeleCable, O2, and FON Wireless, where he was COO.

The company's growth trajectory has been marked by both organic expansion and a strategic series of acquisitions. After its initial launch, Gigas expanded into Latin America and the USA between 2013 and 2014, opening offices and establishing data centers to support its growing client base. A significant milestone was achieved in 2015 when Gigas was listed on the BME Growth market in Spain, providing access to capital for further expansion. This has fueled an aggressive acquisition strategy, bringing numerous companies such as Tpartner, Alterlinks, and ONMOVIL into its fold to enhance its service portfolio and infrastructure, particularly in Portugal and Ireland.

Gigas operates on a business model centered around offering integrated technology solutions, primarily targeting the mid-sized business market. Its revenue is generated through a suite of services that includes Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). The company serves over 10,000 corporate clients across Spain, Portugal, Ireland, and several Latin American countries. The core of its service offering is the "Cloud Datacenter," a highly flexible solution that allows clients to create and manage their own virtual data centers in real-time via a web control panel. This is complemented by a range of other products, including Cloud VPS, Virtual Desktop Infrastructure (VDI), SAP and Sage certified cloud platforms, and robust cybersecurity services like automated backups and firewall management. By bundling these services with connectivity and voice solutions, Gigas positions itself as a single, comprehensive provider for a company's digital transformation needs.

Keywords: cloud hosting, converged IT services, cybersecurity solutions, telecommunications provider, IaaS, PaaS, SaaS, BME Growth, managed services provider, virtual data center, cloud VPS, IT infrastructure, enterprise cloud, data security, business continuity, colocation services, SIP Trunk, virtual desktop, managed hosting, European cloud provider

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Investments by Gigas

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Ability Data Services
ACQUISITION by Gigas Jun 2018
SVT Cloud Security Services
ACQUISITION by Gigas Jan 2018
Onmovil
ACQUISITION by Gigas Sep 2021
Tpartner
ACQUISITION by Gigas Sep 2022
Alterlinks
ACQUISITION by Gigas Nov 2023