Acquisition opportunity in a High Growth Successful IT Consultancy Service Company
Project Name: Acquisition opportunity in a High Growth Successful IT Consultancy Service Company
Asking Price: INR 20 cr. (FULL SALE)
Sales Revenue: INR 19 cr.
EBITDA: 15%
Cash Flow: Available on request
Location: Mumbai & overseas
An IT company into data management & Analytics, data governance, BI and AI using IBM, Microsoft and AWS technology stacks and are niche players in this field. With its Head Quarters in India, the company also has operations in Singapore & London and have a rich International experience in delivering solutions in ERP, Information Management and Analytics.
Property Information:
Currently have a leased office of around 2500-3000 sq. ft in Mumbai & Chennai
BUSINESS OPERATIONS
An Indian IT company set up in 2010 primarily in the business of data management, analytics and AI, ERP and consumer mobility. They are a multi award winning IBM Certified Platinum partner and also partner with Microsoft for their software solutions and licences and support services. Became Preferred partner for IBM Master data management (MDM) in India. Built repeatable Solution on IBM MDM platform. Member company from India in the IBM BIG DATA business partner council. Have achieved various awards from IBM namely IBM Analytics Partner of the year, IBM Analytics Special Recognition award for Information Governance, IBM Best in Class Analytics Partner award, IBM Best in Class Data & AI The Company has partnered with Microsoft Azure BI Practice as Offshore delivery center for clients in the US, Europe and Singapore The Company serves clientele globally across verticals including Manufacturing, Banking, Financial Services, Insurance, Pharmaceuticals, Retail and Government in providing ERP Solutions, creating Single view of citizens for the government, Single view of doctors for the pharmaceutical industry, Single view of customers for the BFSI industry, Single view of product for the retailers/consumer industry. The company is highly profitable with EBITDA of around 15% and is growing at a steady rate YOY.
Product and Services:
The company primarily deals in data management & Analytics, data governance, BI and AI using IBM, Microsoft and AWS technology stacks. The company provides ERP services on Microsoft AX, NAV and Zoho platforms As regards consumer mobility practice, the company has built mobile apps some of which are available in the App store and the Google Play store while some are yet to be marketed As regards the business of partnering with IBM, Microsoft and AWS, the company is involved in IT consulting services, license reselling/renewal, and implementation of solutions in solving complex data management challenges for their clientele. The Company has built and own around 4-5 Intellectual Properties (IP) in the form of SAAS based solutions which can be implemented in verticals like banks, insurance, media, pharma etc.
MARKET
Surge in adoption of big data analytics software by various organizations to deliver enhanced & faster decision-making and to provide competitive advantage by analyzing and acting upon information in a timely manner significantly contributes toward the growth of the global big data and business analytics market. In addition, increase in demand for cloud-based big data analytics software among small & medium enterprises positively impacts the growth of the market. The global big data and business analytics market size was valued at $193.14 billion in 2019, and is projected to reach $420.98 billion by 2027, growing at a CAGR of 10.9% from 2020 to 2027. Asia-Pacific would exhibit the highest CAGR of 15.8% during 2020-2027.
REASON FOR SELLING
Promotors have laid a strong foundation for the company and now want to move on and focus on other business
OTHER INFORMATION
Promotors & Management background: The company has a Strong, pragmatic and experienced management team with Big, Hairy, Audacious Goals. The team has the background, proven track record and vision to succeed. The promotors are highly skilled and bring in rich individual experience of more than 20 years of industrial experience all in the field of Data Management, Big Data Analytics including AI/Machine Learning, Finance, ERP practice and implementation and much more.
Employees: 40+
Years of Establishment: 2010
Clients: The company has over 100 clients of which more than 70% are recurring in the field of consultation and software implementation as well as AMC’s. Some of the premium set of clients are TATA AIA Life, South Indian bank, SBI Card, Mahindra Logistics, Federal Bank, IDBI Federal, Titan, Govt. of Rajasthan, Sun Pharma, partnerships in Singapore, Sweden, Germany, Middle East and USA and many more.
Why Invest:
– A dynamic, professional, well managed & highly profitable company
– Very Strong Brand Equity and relationship with IBM
– Marquee Clients that enables massive upsell of new products and solutions
– Active Clients in USA, Europe, Middle East, Sweden, Germany and Singapore
– Already created a solid foundation with strong Intellectual Property that enables repeatable solution and increased margins
– GDPR Compliance will drive massive Data Governance opportunities in the EU region
– Increased Customer adoption in Analytics on Cloud will enable massive SaaS revenue
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