Seeking capital.
I've spent 21 years in the Salesforce ecosystem, first as a customer and then as an ISV & SI partner launching my first AppExchange app in 2008 and starting two consulting practices. I'm raising $485,000 for a traditional search fund to target the $60B market for ISVs who have apps which plug into the Salesforce CRM platform.
With over 7,000 apps to chose from in the Salesforce AppExchange (https://appexchange.salesforce.com), my goal is to acquire 6-8 of the highest growth & most profitable SaaS companies in the Salesforce ecosystem. I'm first going to focus on the IT & Administration category because Salesforce Admins are the bedrock of CRM - every company has a person or group responsible for making sure Salesforce is running well and when Salesforce Admins pick a tool set they rely upon it for years into the future. As a result, these apps have high customer retention rates and because Salesforce Admins are so technical they require no, or very little, help setting up the app or need ongoing technical support.
Being highly networked within Salesforce the company and the partner ecosystem, I've already begun conversations with founders interested in selling. I'm looking for investors who will back me so I can dedicate my full-time effort to closing my platform acquisition and then acquiring 6-8 similar companies within the IT & Administration category.
A PPM is prepared, please DM me if you are interested.
Please note the $5M revenues/$2.5M EBITDA listed is the midpoint of my target platform acquisition.
industry
Software
Software
location
New York, NY, USA
New York, NY, USA
revenue
$5,000,000
$5,000,000
ebitda
$2,500,000
$2,500,000
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