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Deal Opportunities.co.uk

the UK marketplace for company sales

Cybersecurity testing solutions

Reference
S11997
Turnover
£0.5m to £1m
Sector(s)
Business services, Service industries, Technology
Region(s)
UK Wide, Outside UK
Added
10 October 2024

Business description

The company provides government and commercial clients internationally with agile bespoke cybersecurity testing solutions. The company has developed its own in-house automatic security testing software, the only one of its kind for a specific widely used application.

As a result of its wealth of in-house expertise and extensive service and software provision, the company has developed strong, long-standing relationships with a number of blue-chip and prestgious organisations.
Our clients are now offering the company for sale to enable them to pursue other, unrelated interests.
Our clients are open-minded on deal structure, subject to terms.
Offers invited.

Highlights

  • Benefits from a wide-ranging and diverse client base across the enterprise software, education, media and entertainment, healthcare, agriculture, and public sectors. 
  • Serves clients across the US, UK, Europe, and Canada. 
  • Achieves many repeat sales through licensing of its software product, renewal of subcriptions, and cybersecurity testing contracts annually. 
  • Having previously been asked to provide it, the company could introduce training on cloud security, and secure coding practices. 
  • Could introduce the provision of cybersecurity defensive solutions to complement its current services. 
  • Offered as a fully relocatable opportunity, as all operations are carried out remotely.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 610 353
2022 (Actual) 733 483
2023 (Actual) 693 439
2024 (Actual) 733 481
  • Turnover of £730k in YE24 with an adjusted EBITDA of £480k.
  • Has achieved an increase in turnover of 20% between YE21 and YE24. 
  • Increase in adjusted EBITDA of 36% in the same time period.

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