Project Archive, a leading digitization service provider in Belgium, is being carved out from its parent group as part of a strategic restructuring, highlighting its growth potential and profitability.
Target Information
Project Archive specializes in the digitization (scanning) of spatial planning documents and government registers. The company also provides options for integrating the digitized and structured data with existing internal software programs. With over fifty years of experience in the scanning and digitization industry, Project Archive has built a sustainable customer base throughout Flanders and Brussels.
Currently, Project Archive employs four permanent staff members, supplemented by five temporary workers. The company offers its services to both businesses (B2B) and government entities (B2G), with governments accounting for an average of 98% of revenue over the past three years.
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Industry Overview in Belgium
The digitization industry in Belgium has seen significant growth as both public and private sectors increasingly seek modernization and efficiency in their operati
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invested in
Project Archive
in 2024
in a Other deal
Disclosed details
Revenue: $1M
EBITDA: $0M