The company is a fast-growing cloud automation SaaS provider with a strong focus on efficient data service automation.
It uses open-source technologies to make cloud automation efficient for enterprises. The company’s IP integrated Data Service products are used by large corporations and mid-size companies across North America, Asia, and Europe.
The firm was established more than a decade ago, and through its creativity, it transformed by 2018 into a successful cloud operations provider. In 2019, the company formed a Kubernetes team.
In 2023 the company beat management expectations with 36% to reach $7.0m in revenue and recorded an EBITDA margin of 42%. For 2024, the management has budgeted a realistic $8.1m in revenues, and 3.5m in EBITDA. Between 2019 and 2023, it maintained a stable CAGR of 19.1%, with a client retention rate of 100% over the past three (3) years.
Team: The company is led by an experienced senior management and technical team, with a total of 67 full- and part-time employees.
Services and Clients: The company facilitates client deployment of applications on any cloud infrastructure through its proprietary IP, offering platform-agnostic Platform and Data Services.
Clients include Fortune Global 500 companies in manufacturing, financial services, and automotive industries.
Contracts range from two to seven years, and the company employs a recurring subscription revenue model.
Transition Support:
The current senior leadership, including the CEO/owner, is highly motivated to continue post-acquisition to operate the business. Management seeks a suitable buyer to partner with in achieving the next growth milestone.
Reason for Selling: The owner aims to partner with a strong buyer to elevate the company's growth trajectory.
** Confidential information to Qualified Buyers who submit Proof of Funds and a Financing Plan. **
