OFF-MARKET-Midwest Software Engineering Only Firm for Sale

OFF-MARKET ‘Q3 2024

Software Engineering Only Firm For Sale (MARKETING HAS BEEN SOLD)

US Domestic, fully remote workforce (Relocatable)

Seller Financing Available

Asking Price: Best Possible Offer

Cash Flow: $1,641,818

Gross Revenue: $5,109,585

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1986

Employees: (50)

Business Description:

This company offers custom software solutions to reputable clients across the globe. It is quite possibly the perfect business profile given the current economic climate. This company boasts the following:

– a strong industry (software and software related services)
– operational excellence, demonstrated by its consistently strong profit margins
– optionality within its service offerings
– dependent client base
– 2023 organic growth projected in excess of 15%
– a management team with a clear path to quadrupling topline revenues before 2030
– untapped cross selling opportunities
– self funded growth profile (in terms of capital requirements)
– highly sought after talent tenure of over 7 years

Given the profile, this business is sure to attract a lot of attention. Ideal buyers span a number of applications:

– Rollup entities looking to accelerate their own rollup initiatives without any disruption
– Traditional investors looking for safe stores of value and healthy returns
– Sophisticated software services entities looking to acquire stable revenues, stable talent, and add-on service lines
– Capital groups looking for an affordable entry point as a rollup play

Facilities:

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

No facilities. The staff is a fully remote, US domestic workforce.

Competition:

The typical offering in this is space is a niche focused service line. What makes this company truly unique is its ability to offer complete solutions in the operational efficiency space (custom built software systems) and extend those offerings across customer acquisition channels for its clients. There are many companies that can effectively navigate both spaces on behalf of its clients.

Growth & Expansion:

The company recently expanded its lead volume significantly. Continued investment in sales should yield ROI in excess of 150%. Establishing additional lead volume, particularly in its counter cyclical business segments should provide even higher returns. Company has a history of successful acquisitions and encourages prospective Buyers to pursue continued consolidation efforts.

Financing:

TBD if structure and terms are acceptable.

Support & Training: As needed. Sellers are willing to stay on in current roles or as advisors and consultants as negotiated.

Reason for Selling:

Seller motivation is two fold: diversify their personal balance sheet and find a growth partner who can help take this company to the next level in a shorter period of time.