Description
OFF-MARKET ‘Q4 2022
Managed Service Provider for Infor Lawson / Cloudsuite
Newport Beach, CA (Orange County)
Seller Financing Available if the price and deal structure is right
Asking Price: Competitive Auction Format
Cash Flow: $1,160,000
Gross Revenue: $1,970,000
EBITDA: $1,250,000
FF&E: $50,000
Inventory: N/A
Established: 2003
Employees: 4
Business Description
This Company helps clients maintain their Infor Lawson / Cloudsuite ERP applications. Whether migrating data, integration of data with a client’s acquisition, or security audit, our client’s company is the trusted expert in the field.
Boasting a full U.S. based employee roster, the firm tackles hairy ERP problems head on, skillfully auditing entries, recovering data, and making sure their client’s projects roll out smoothly. Reaping profit in the complexity of challenging ERP issues, they make use of a strong teams-based approach to execute on client’s projects.
With strong, consistent earnings and a great team culture, this Company will not remain listed for long. NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Offices used to be located in Newport Beach. The company went full remote during the lockdowns and has not considered returning to in person.
Competition:
The space is insular, with only about 10 competitors that deal with Infor Lawson / Cloudsuite applications, integrations, and migrations.
Growth & Expansion:
Two software-as-a-Service revenues streams to turn on, plus a ton of future project work in the space, as clients move their data from one ERP to another.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
Other business interests.