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Asset tracking and RFID software and solutions

Reference
S11948
Turnover
£2m to £5m
Sector(s)
Technology
Region(s)
South East England
Added
17 September 2024

Business description

Software development and system integration company specialising in track & trace and mobile computing. This is an exciting acquisition opportunity for a buyer to exploit the considerable market opportunities.

Highlights

  • Leading RFID, Asset Tracking and IoT software developer.
  • Consistently profitable with growing Gross Profit margin.
  • All software development in-house. 
  • Considerable growth opportunities. 
  • 5-year plan forecasting c.25% CAGR to FY28. 
  • Excellent relationships with industry-leading customers. 
  • Dominant market share in some niche markets.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2023 (Actual) 3,128 174
2024 (Forecast) 3,567 344

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