Supplier and service provider of alarm and tracking systems

This business has been a major player in the field of alarm and tracking systems for people and objects for over 20 years. This provider offers not only a large number of products, but also the underlying services necessary for professional tracking and the associated alarms.

Details
The business has many types of personal alarm customers. From government (state and municipal authorities), housing corporations, healthcare institutions and manufacturing companies to ambulatory workers. In recent years, there has been a steady growth in the number of customers. For both personal security and object security, customers enter into long-term contracts that ensure that almost 100% of revenue is recurring annually.

The organization
This business is located in a rented building in the middle of the country and the rent can be terminated monthly. Due to the high degree of automation, everything is done with a team of 3 people and the business is very easy to relocate. The annual turnover is currently about € 1.2 million and the (normalized) EBITDA therewith is € 650K.