Full-service ICT business for online communication

Software development & SaaS services

Revenue €3M – €4M

Profit Profit

Sector IT services & software development

CountryNetherlands

Region Central Netherlands

Sold

FTE

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Revenue: €3M – €4M

FTE 21-50

Description

A thriving full-service ICT business for online communications based in the Central Netherlands region.

ActivitiesIn its 25 years of existence, the company has developed its own product suite which is issued under license or as a SaaS service resulting in stable annual revenue (ARR). In addition to software development, the business provides additional services including hosting and support. The customer base is characterized by long-term relationships mainly with large governments.

ScopeRevenue is currently about € 3,500,000 with an EBITDA of about € 1,000,000. The company still has untapped growth potential. The organization has approximately 26 employees.

Transaction
The acquisition involves 100% of the business' shares.