Geographical Software Provider – South East

Turnover for year-end 2022 was £619k
Adjusted EBITDA for year-end 2022 in excess of £200k
The business offers geographic software for primarily local authorities who use the software in planning applications and day-to-day operations.
Having operated for over 30 years, the business has continuously updated its software to meet clients’ needs.
Currently operating with approx. 35 active clients with maintenance revenue at the end of tax year generating approx. £500k a year.
Second-tier management structure in place with a project/operations manager and a sales and accounts manager.
Kings Corporate are delighted to present Project Macadamia a geographical software provider based in the South East. The business is well-established and offers its services across the UK. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a leasehold basis. Ref: 50588