Growing Software Services Business (279)

intermediary profile

November 20, 2024

by an intermediary from Alma College in Grand Rapids, MI, USA

Founded in the late 1990s and headquartered in Michigan, the Company is a specialized technical consulting firm that provides comprehensive support for a platform developed by a major industry leader. The Company’s broad range of services such as programming, system support, and consulting provide a robust, tailored solution for customers. Through active engagement in industry associations, technology communities, publications, and volunteer work, the Company has established itself as a trusted provider, cultivating long-term relationships and fostering repeat business that bolsters its market standing. With a highly-skilled, experienced team, in-house software, operational efficiencies through advanced reporting, and a range of certifications and industry accolades, the Company is well-positioned for sustainable growth and future expansion. The current owners are planning to retire to spend more time with family but are willing to support a smooth transition to new ownership in either a full-time or part-time basis. The Company operates on a fully remote basis. Buyers will be required to have a minimum of $200,000 in liquid funds to be considered for this opportunity. September 30, 2024 TTM Revenue: $1,842,939 September 30, 2024 TTM Cash Flow: $433,416 (SDE) Estimated Equipment Value: $47,977
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Reply by a searcher
from City University London in London, UK
Hi Max, we at Stronger Business Partners have a couple of similar companies in our portfolio in the UK and are looking to expand to the US. Do you have an IM to share? What is the share of contractually recurring revenue? kind regards
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