The company is a full-stack software development company specializing in front-end development, UX design, project and product management, and data analytics. In addition to projects, the company also offers ongoing maintenance.
Headquartered:
• Colorado
Key Aspects:
• Revenue and gross profit grew at compound annual growth rates (CAGRs) of 28.0% and 31.1%, respectively. from 2020 through 2022.
• Strong relationships with Fortune 500 Clients.
• The company provides services directly to clients without going through third-party vendors.
• Demonstrated proficiency in attracting and securing top senior level talent, along with a proven record in guaranteeing project execution.
Current Markets:
• The company serves a diverse customer base in the entertainment, shipping, aerospace, human service, and insurance markets domestically.
Real Estate:
• The company operates from two office suites, totaling 12,000 square feet, which are leased from an unrelated third party. One office space has an expiring lease that will not be renewed due to the remote nature of the company, the other has been subleased to an unrelated third party.
Shareholder Objectives:
• The sole owner is either open to an eventual full exit post sale or remaining with the company to assist with future growth. Ownership is open to various deal structures to facilitate a transaction.
Opportunities:
• Expand services beyond software development, leveraging existing relationships with Fortune 500 clients.
• Addition of an internal outbound sales team projected to grow revenue 30% by 2024, according to management.
• Ability to generate revenue from an extensive library of public content, with an average of 10,000 hours of monthly viewership.
