the UK marketplace for company sales

Software development, programming & IT support

Less than £0.5m, £0.5m to £1m
Advertising & media, Business services, Creative industries, Technology
London, South East England
06 May 2021

Business description

The Opportunity:

Our Client is looking to acquire one or more small to medium sized, software and/or IT service companies, preferably based in the southeast of England.

Having researched the southeast market, we have identified your company as being a potential match for our Clients acquisition criteria and we would welcome the opportunity to discuss the opportunity, in the strictest of confidence.

Please take a moment to review our Clients acquisition criteria in more detail, below. If you would like to explore this opportunity, we would be happy to distribute an NDA for the benefit of both parties.

About our Client:

Our Client is a leading independent IT services company based in West Sussex. Established for more than 30 years, the company have built an enviable reputation as a friendly, open and highly skilled service provider.

The Company have three principle revenue channels including; IT support, software solutions and website design. They support corporate organisations and SME companies across the southeast of England.

The Company is a privately owned, independent company based in West Sussex.

Their aim is to grow, expand and strengthen both businesses by working alongside any acquisition in a friendly and mutually benefitting manner.

Acquisition Criteria:

Preferred location: London & southeast England

Selling into: SME’s through to corporate organisations

Size of the company: Up to £1m of annual sales. Companies with slightly smaller or higher revenues may also be considered. Ideally a maximum of 10 employees.

Service portfolio: One or more of the following service categories:

•IT Support

•Software services – development, programming and support

•Web design and eCommerce

Profile of the target company:

•Ideally over 5 years of trading history with an established network of clients

•Privately owned where the current principle/s is looking to exit but will provide continuity during the acquisition phase. Our Client is also open to the current owner staying on for the longer term.

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