IT software company, ranked No. 2 in the Belgian market.
Financial data
We are offering for sale a well-established provider of IT applications and software, specializing in solutions for scheduling and time tracking. The company ranks second in Belgium, has developed three generations of software, and serves 60 to 80 stable, long-term clients throughout Belgium, with a parent company that operates across Europe.
The company has achieved a CAGR of approximately 20%, supported by a clearly defined base of recurring revenue, very strong margins, and a diversified portfolio of primarily medium- to large-sized clients. Current commercial momentum is strong, with very strong confirmed outstanding orders worth 60,000, an exceptionally strong qualified pipeline of 90,000, and approximately 100,000 additional leads. Excellent customer mix spread across all of Belgium; all customers generate very strong revenue, with a very high potential for cross-selling support services.
Operations are growing and efficient, largely automated, with a proven sales and support model that ensures continuity and scalability. Two support engineers work in collaboration with the parent company to support all clients.
Growth to date has been driven by sales efforts and automated marketing, presenting a clear opportunity for a strategic acquirer to significantly accelerate expansion through targeted commercial execution, cross-selling, and integration into an existing product or service portfolio.
The sale is driven solely by strategic considerations. The shareholder’s other operations in a different geographic region have grown significantly faster than expected and now require full attention to support the next phase of growth. Therefore, it has been decided to transfer these operations to a new owner who can actively focus on building on the strong foundation and tapping into the untapped commercial potential. First come, first served. Appointments are only possible in Antwerp after 12:00 p.m. on business days.
Negotiable - 451k (some orders have already been processed).
+ Owner’s compensation (finalized at the end of last month upon signing).
No debts.
A firm, clean closing is possible at the end of the month,
Sales and support of IT software in a specific industry, with opportunities for expansion into other industries.
With targeted sales efforts, revenue could exceed 1 million within a year; over the past 3 to 4 years, year-over-year growth has been 20%.
Unique features
- Fully automated processes
- Automated Billing
- Automated Offers
- Automaed Marketing Engine and customer promotions.
- Automated customer engagement.
- Location
- Antwerpen, Antwerp
- Legal form
- Company
- Number of employees
- 1
- Customer type
- B2B (Business to Business)
- Active since
- 2000
- Real estate included
- No
- Translated from
- Dutch
- Disclaimer
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