Telematics & tracking system company

Company achieved strong growth in the number of subscriptions sold

Revenue €450k – €500k

Profit Profit

Sector IT services & software development

CountryNetherlands

Region Not location-dependent

Sold
FTE
FTE
Legal form
Legal form
Type of customers
Client Type
Offered on behalf of.
Screened

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The business has already been sold and therefore you can no longer comment on this profile.

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Revenue €450k - €500k
FTE 2-5
Description

The company is a provider of vehicle telematics and tracking systems, with a solid subscription model that provides recurring revenue.With an average annual growth rate of 14% in subscriptions over the past few years, long-term contracts and a low churn rate, this asset-light business offers excellent returns with plenty of growth potential still to come.

Opportunities
Thanks to a flexible and location-independent organization, operations are efficient and scalable. There are ample opportunities for further growth through market expansion, product development and synergy benefits. The company has a strong reputation and a loyal customer base, making it an attractive investment for strategic buyers in telematics, fleet management or IoT.

Current shareholder wishes to step down due to age and offers 100% of shares for acquisition.

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Revenue €450k – €500k

Profit Profit

Sector IT services & software development

CountryNetherlands

Region Not location-dependent

Sold
FTE
FTE
Legal form
Legal form
Type of customers
Client Type
Offered on behalf of.
Screened

Verified by Brookz

The business has already been sold and therefore you can no longer comment on this profile.

Guaranteed response from the seller
This profile is up-to-date and available.
100% independent platform
Revenue €450k - €500k
FTE 2-5
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