Project Care presents a superb opportunity to acquire an impressive manufacturer and retailer of baby equipment, currently based in London.
Operating as a start up for just over a year, the business has achieved phenomenal recognition through creating the world’s smallest baby wrist monitor, giving parents and carers of young children and parents complete peace of mind.
Having designed such a unique product, the business has signed contracts with various clients, including private companies in Australia and Egypt, which will bring the business a guaranteed, significant net profit.
Protect Me will be looking to develop their medical grade version within the next 8 months. This will open the doors to distributors within the medical space and will target parents with children that have complex heart conditions.
The only competition similar is the Owlet Smart Sock which launched in 2014. Owlet only fits babies up to 18 months. Parameters cannot be adjusted unlike the Protect Me baby monitor. Owlet is not a medical grade device. Owlet's turnover last year was in the region of 75 Million Dollars.
With an outstanding product, secure contracts and the ability to be relocated to anywhere in the world any new owner is provided with foundations for future growth. The owner is willing to stay on in a consultancy role for 12 months after the sale if required.