A Provider of Information Security and Mobile Working Solutions

Key Highlights

– Wide-ranging and diverse client base that includes some of the UK’s highest profile information management organisations.

– Experiences a high client retention rate, with 90% of revenue being derived from licence contracts; many solutions require a minimum sign-up of three years, ensuring reliable, repeat revenue.

– Strong, experienced second-tier management team in place.

– Operates from leasehold premises (no lease commitment), with no on-site data centre or solution infrastructure (all cloud based).

– Ideal bolt-on opportunity.

– Perfect acquisition opportunity for a technology firm with an existing user base of document/record management software, applicant tracking/HR software or security software.

Financial Highlights

– Turnover of £804k in YE23 with an EBITDA of £565k.

– Forecasted turnover of £832k in YE25 and £628k in YE28.

– 800 remaining licences available as part of the sale that could generate an additional circa £560k annually with no extra overhead costs.