An exciting opportunity to acquire a unique company offering Consultancy Services and software development to new and existing SAP environments.
With over 15 year’s industry experience, this company have established an excellent industry reputation, and have become a recognised and trusted SAP solution provider across the UK.
As well as bringing a refreshing approach to SAP environments, they have developed a deeper understanding of their clients exact needs and business issues that drive today's business-critical cyber security compliance initiatives.
Operating from premises in Birmingham, West Midlands, the business serves customers throughout the UK and Saudi Arabia. They have been commissioned to work with a number of global blue-chip clients due to its exceptional reputation.
The business predominantly serves industries where there is an ongoing requirement SAP Consultancy Services and therefore receive a steady flow of recurring revenue.
The company has generated £50k EBITDA during the current financial year. The current business model utilises external consultants on a high daily rate to deliver a large amount of consultancy work. A move to hiring two full-time members of staff would save £150k of salary costs, and hence increase EBITDA to c.£250k.
The company is forecasting a steady increase in the number of the C3 Remediator product user licenses and hence an associated increase in revenue. As the use of this product becomes more widespread, complimentary service revenue will also increase. There will also be a number of consultancy services that will generate ongoing revenue.