Provider of cloud-based data backup solutions – operating remotely

The company specialises in scalable cloud services and data backup solutions for MSPs, providing real-time protection.
The business’s solutions support a wide range of systems and applications, including operating systems such as Windows, Mac, and Linux; virtual platforms including VMware, Hypver-v and Nutanix AHV; cloud-based networks such as Amazon web services, Azure, Google, and Microsoft 365; and network attached storage drives. The company has also assembled highly secure backup solutions for Microsoft 365 applications and a reliable object storage platform, compatible with various storage applications, SDKs, and plug-ins. Our clients are now offering the business for sale to facilitate further growth under new ownership. Offers invited. Generated a turnover of £771k in YE23, with an adjusted EBITDA of £241k. Maintained a net profit margin of 71% in YE23, achieving a gross profit of £547k. Revenue is secured through monthly and annual subscription-based models, guaranteeing a steady flow of income. Operates within a buoyant market, with industry revenue anticipated to increase by 15.1% by 2028. Utilises its partnerships with industry-leading providers in data protection to offer advanced ransomware protection. Cloud backup platforms are housed in Tier 3 data centres in the UK, ensuring data sovereignty and easy access. Worked closely with 230 clients from across the UK, with 95% of sales deriving from its existing network. Received IS0 9001 and 27001 accreditation. Implemented an efficient work-from-home solution, removing the company’s reliance on office premises.