Andon Frères Corporate Brokers Ltd Cavendish House, St Andrew's Court Leeds LS3 1JY
(+44) 0113 244 5549
Andon Frères specialise in the sale and acquisition of technology companies, a catalyst in the transaction process, bringing together buyers and sellers.
The following is a list of technology companies for sale. This includes companies identified through our regular searching of the marketplace, though our links with accountants, business brokers and corporate finance advisers, and companies where Andon Frères has a sale mandate from the vendors.
Unless Andon Frères has a sale mandate from the vendors (which is indicated against the opportunity) we look to be retained by the purchaser.
If any of these opportunities are of interest, please contact us for further information.
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Please note that the listings featured on our Companies For Sale pages contain preliminary particulars only, intended solely as notification that these businesses are available for sale. The information has been provided by the vendors and/or their advisers; Andon Frères has not verified this information in any way and can give no assurances or warranties regarding its accuracy or completeness. Any person or company considering acquiring a business listed on this website must not rely on this information; they should make their own independent investigations, take professional advice and form their own opinions as to its performance and prospects.
Profit: Gross Profit: £703k
Provider of hardware & software IT support to businesses via a variety of methods such as phone, remote access & site visits when necessary. Also offers project installation & consulting services. Highly experienced in the IT industry & has been operating for over 15 years, gaining excellent knowledge of the market and clients' needs. Recurring & reliable income stream due to securing support contracts with SME clients as well as providing services to blue-chip clients requiring a high level of expertise. High client retention rate over the last 5 years (c80%). Technically skilled & loyal workforce with knowledge and experience to provide consultancy service and IT solutions. Secured partnerships with leading companies with the IT industry such as Cisco, Microsoft & Gamma.
Turnover: Projected £1.1m
Profit: Projected EBITDA £949k
Forum for a range of topics, including search engine optimisation, digital marketing, copy-writing, hosting, web design, affiliate programs and pay-per-click advertising. Supported by a team of 15 unpaid/voluntary moderators. Over 2,000 active advertisers, operating within sectors such as digital marketing, SEO and web hosting. Recurring revenue annual streams generated from over 2,600 premium memberships. Shareholder willing to remain with the company post-sale on a consultancy basis. Hosted at an off-site location, which is operable from any location with an internet connection.
Profit: Adj EBITDA £625k
The company has an established market position as a specialised, value added distributor in the convergence technology products market. The company distributes market leading equipment and provides technical support tot a broad range of IT re-sellers. The company has been consistently profitable, cash generative and has a strong balance sheet with no debt and there is significant potential for further growth. Supplying the whole market including IT re-sellers, the company has a broad revenue stream including product sales and maintenance support revenue, with approximately 55% of revenue generated from product sales and 45% from support contracts. The company trades internationally from a UK base/. The projected turnover is £4m.
Profit: Adj EBITDA c£165
Provides IT services and software solutions to businesses, colleges and schools across the UK. Unique software, which has been developed in-house. Strong client base, with no significant customer reliance as well as a 95% client retention rate. Experienced second-tier management team with the knowledge and skills to run the business on a day-to-day basis. The company has been a Microsoft gold partner since 2009. This is a fully relocatable opportunity. Following year projections are £1.7m with an adjusted EBITDA of £185k.
Profit: Adj EBITDA £355k
Reseller of business VOIP & IT connectivity products to the SME marketplace. Operating via proprietary & licensed software platforms, the company provides SME clients with enterprise level networking solutions. Utilises reactive software platforms from UK development partners to maintain high-margins & drastically undercut the competition. Initial connectivity service inroads provide reliable cross-sale opportunities for the company's broad product portfolio, including proprietary, trademarked hardware and software products for security and IP connectivity. Developed business generation from affiliate with leads constantly received from both smaller IT companies & major IT infrastructure providers enabling upgrades to be delivered to both new & existing customers Secure SME client base, offering self-financing installation in return for industry leading long-term contractual commitments (on average, 60 months). Preferred supplier status held with the majority of customers, maintaining c80% repeat business. Established franchises maintained across 4 UK regions.
Provides systems designed to increase engagement between clients and their service users whilst reducing cost and and enhancing processes. Established over 15 years with loyal national base across the public and private sectors. Long-standing relationships with clients with an 85% retention rate. This is a fully relocatable opportunity and, with the development and adaption of existing systems, could facilitate further expansion across a more diverse range of sectors and on an international scale. Experienced team, possessing the necessary skills and expertise to manage and grow the business independently of the shareholders. Projected turnover increasing in the next financial year to £565k.
Market leading business software solution provider specialising in software for business process management, document management and compliance management. Based i the UK with two offices offering a wide spread customer base, it has developed its own software product which accounted for 72% of income in FY15. The business holds clients within a range of sectors such as automotive, pharmaceuticals, electronics and aerospace. Worked with major multinational companies including Rolls-Royce, Honeywell, TRW & Sauflon.
Profit: Adj EBITDA £305k
Specialist telecommunications company providing commercial mobile phone contracts,landline services ad Bluetooth hands-free kits. Contracts in place with clients which continue ontp rolling monthly contracts once the term has ended. Company works closely with blue-chip phone providers such as EE, Vodafone & O2. Active client base of over 400 clients, with c95% of clients active in the past 12 months as well as c95% customer retention rate over the last 5 years. c90% repeat business highlights the company's high quality service. Highly experienced staff with excellent product knowledge within the telecommunications industry. Company is capable of working autonomously under the current management structure and could act as a self-contained bolt-on. Accredited supplier of Apple and Blackberry products.
Location: South West
Profit: EBITDA c£90k
The company provides unique visual marketing solutions, specialising in wide format print and display presentations. Having continually invested in modern print an cut technologies, the company offers innovative and effective solutions for its clients, facilitating the establishment of strong, long-standing clients relationships. Established over 35 years, maintaining a prominent national client base, including several blue-chip clients. Specialises in the bespoke design, production and installation of modular display solutions as well as utilising an extensively developed ecommerce website. Highly experienced workforce, possessing the skills and expertise required to effectively manage the day-to-day running of the business. Operates from freehold premises in South West England, which are fully owned by the company and will be included in the sale.
Profit: EBITDA c£190k
Leading UK based web design and digital marketing business range of web services to both start-ups and SMEs across a variety of business sectors for over 15 years. With a growing customer base of around 3,600 active clients, the business continues to evolve and move forward underpinned by a high level of recurring revenue. With over 10+ years of goodwill and reputation this is a fully proven, successful business model. Employs over 100 skilled and motivated web designers and developers.
Location: North West
Long-established provider of secure online services for businesses of all sizes including: domain registration; payment gateway services; web hosting and connectivity. Handles in excess of £30m worth of payment transactions per years. Dependable income streams from contracted service and maintenance agreements account for 17% of turnover. Businesses support include prestigious football clubs, major broadcasting operations and universities. Client base of 3,500 with a c.80% repeat business rate and manages over 30,000 domain names with its own secure date centre and operating to PCI level 1 standards. Strong second-tier management team with circa 90 years combined experience. The shareholders are flexible as to the inclusion of the 2,500ft² premises in the sale on a freehold or leasehold basis.
Location: North West
Profit: Adj EBTIDA c£590k
Installs digital screens and signage equipment and prepares digital adverts for a variety of venues including leisure centres, agricultural livestock markets and garden centres. Provides equipment to 250+ venues across the UK & RoI. Installs digital signage equipment across a broad client base, primarily the agricultural livestock market, holding 90%+ market share in the UK. All clients provided with adverts are on 2 year agreements plus a renewal, the contract values may vary from £624 - £2k pa. No reliance on any one customer with 500+ customers active in the last 24 months. Venues have signed agreements with the company for the company to install screens in their premises. The company operates from freehold premises and all services are provided in-house from installing LCD screens in venues to designing artwork.
Location: South England
Profit: Adj EBITDA c£655k
The company provides a comprehensive digital marketing service predominantly focusing on the provision of fully managed SEO and PPC marketing campaigns. Utilising a highly experienced workforce the company offers a dedicated marketing solutions, establishing an excellent reputation within its sector and maintains strong relationships with major national clients. Specialises in the provision of on and off-site SEO, fully managed PCC campaigns and the design and development of high quality content, websites and e-commerce sites. Long standing international client base, including several major blue chip clients across a diver range of sectors with no individual client accounting for more than 9% turnover. Highly experienced management team in place, possessing the necessary skills and expertise required to effectively manage and grow the business on an ongoing basis. On course to generate turnover of £1.58m in YE18 with an adjusted EBITDA of circa £780k.
Profit: Net Profit c£1.6m
A very well established, successful and strongly growing media business that specialises in the creation and production of TV advertising , visual and digital communications. The business has three key teams, a very strong creative team, a full production team, and a client services team, all based in-house thus providing a full service to clients. The business also has a smaller, separate merchandising division, which complements the main business activities. There is a very experienced high quality management team in place which is expected to remain with the company post-sale. The business has a superb high quality international client base with significant repeat business, and excellent client relationships, leading to definite known growth potential.
Profit: EBITDA €152k
Established over 20 years, this Dublin based profitable business provides an outsourced IT function plus hardware and software sales to over 500 companies and organisations nationwide coupled with a strong track record and reputation in the Education sector. The company has over €500k in recurring income from 150 customers and uses a highly automated IT managed services system to deliver and scale these services. Many customers have a hybrid configuration of on premises and cloud services which in itself creates a significant opportunity for a new owner to fully migrate the customer base to a cloud hosted platform. Operates from a 1,300ft flexible leasehold and is partnered with Citrix, HPE, Promethean and Microsoft. Projected turnover €2.2m with an adjusted EBITDA of c€200k.
Profit: Adj EBITDA £829k
Specialist in the survey, design, materials supply and installation, commissioning and consultancy of anti-corrosion systems known as cathodic protection. The service embraces all buried or immersed structures of metallic origin with particular focus on the preservation of buried pipelines that carry hazardous substances. Over the past 3 years, engineering projects from within the Home region have escalated with this work and now expanding further into neighbouring regions. Highly regarded for the services it provides which is evident by the repeat orders received and the excellent customer loyalty with c90% retention rate. Has enjoyed 5 year renewable contract with a major utility which has recently been further extended. The companys forward order book is in excess of £600k. Highly experienced and Achilles registered & verified workforce. On the National Grid Gas Framework and the Northern Gas database.
Profit: EBITDA £568k
Specialises in the supply and maintenance of photocopiers and printers on a regional and national level. The company is growing rapidly and i already established as one of the UK's largest independent suppliers within its sectors. 40% of revenue is reliable and recurring; derived from service contracts with over 400 active clients with high retention. There is a strong management team in place and the key team members would consider being retained post sale. Operates from multiple leasehold locations. Following year projected turnover of c£3m with an EBITDA of £910k.
Location: South England
Profit: Adj EBITDA c£350k
The company is a reputable developer and supplier of specialist software solutions, working with prominent public and private sector clients, including policing and security organisations. Provides extensively developed software solutions for use in the policing and security sectors including mobile and bespoke applications, with patent and trademark held for key software which utilised by thousands of user across the UK and retains considerable scope for further growth. Having been awarded a multitude of high value contracts, the company has secured a reliable stream of revenue and established strong relationships with is clients. Between 50%-70% of turnover year-on-year is generated from recurring support and maintenance contracts. Strong, long-standing relationships in place, with major national clients, several of which span over 10 years. Experienced management team in place, possessing the necessary skills and expertise required to effectively manage ad grow the business on an ongoing basis. The directors are willing to remain with the company in suitable positions post-sale in order to ensure the further growth of the company. Operates from leasehold premises in the South of England. Projected YE18 turnover of c£2m.
Location: North England
Profit: Adj EBITDA c£492k
The company is a dental laboratory that provides specialised technical laboratory products and services to specialist dental professionals. Utilising an experienced workforce, the company combines digital technology, including 3D printing, with traditional specialised dental services, which have facilitated its continued growth. Long-standing national client base in the healthcare sector, providing specialised dental appliances and predominantly servicing clients with NHS contracts. 120 active clients with high retention rates and several relationships spanning over 15 years. Exclusive and unique supply agreements in place with prominent businesses within the sector. High level of in-house expertise, with strong and highly experienced second-tier management in place possessing the necessary skills to manage the business on a day-to-day basis, as well as all of the current directors are willing to remain in operational roles post-sale.
Location: North UK
Profit: Adj EBITDA £330k
The company offers specialist support within employment and education environments for people with learning difficulties or disabilities. Gain over 1,000 new clients per year, including students, employees/employers, apprentices and private clients. Operates from office and training facilities, with a view to expand in to retail in the coming c.12 months. There are a number of opportunities in the pipeline including patent product development, works within schools and political institutions. Preferred supplier and partner with national training providers and organisations.
UK business providing deeply integrated traffic and transport solutions through a range of modular software. The company has a track record of successfully developing and deploying new products into the market and has over 40 long term customer relationships with highways authorities and transport operators in the UK. Leading edge and proven technologies for cloud based SaaS systems, with strong software IP readily available to be utilised. Successful in identifying new market niches and developing rapid disruptive solutions to establish market position. The company has a strong and experienced management team willing to continue with the business post completion. Low overhead, variable cost structures and a forecast turnover of c£2.7m.
Location: South East
Profit: EBIT c£1.2m
The business is an accredited supplier of analytical healthcare software to CCGs and GPs with the products additionally being sold to the NHS, national organisations and universities. This well-established company has a strong market foothold and a loyal customer base with no history of IP infringements or disputes. Its highly experienced technical development team are well placed to assist in the expansion of existing software and new product development. There are significant opportunities to monetise the underlying clinical data gathered through normal operations but the shareholders do not feel that they are the right people to drive the business to the next level to take advantages of the prospects in the market making this a fantastic opportunity to gain a foothold in the healthcare sector and further grow the business.
Profit: Adj EBITDA c£280k
The business specialises in the recycling and secure disposal of IT equipment, which it collects from its large client base The client base comprises numerous public and private sector organisations including schools, hospitals, large corporates with whom the company enjoys significant repeat business. The company enjoys a strong reputation in the industry , due to its secure data destruction methods and responsible disposal policies. It processes the collected equipment and then identifies the most profitable route for disposal, either onward sale or refurbished equipment, sale of separate components for re-sale or sale of material for recycling. This allows maximum potential profits to be realised from the equipment by this company. Full WEEE certification held and the business is highly systemised with an experienced workforce and a strong senior management team. Projected turnover of c£1m in the current year with an adjusted EBITDA of c£400k.
Profit: Adj EBITDA c£1.9m
One of the leading, independent, international suppliers of industry standards across the globe. Gained significant recognition an accreditations over the last 20+ years. Client database holds 7,000+ customers, with this continuing to grow. None of these customers account for more than 2% of the companys income. Expected to achieve 15% rise on turnover per annum over the next 2-3 years. Mostly operated through strong and knowledgeable second-tier management and has been awarded by the European Foundation for Quality Management in recent years. Projected income for following year to achieve £13.1m, with an adjusted EBITDA of £2.11m.
A leading UK supplier of advanced design and styling solutions, an independent high growth and highly profitable company with international clients is looking at a next major step forward. Using the latest process thinking the company produces and sells equipment for facilitating the styling, design and measurement of products for the automotive, nuclear and other industries. The company is a fully self-contained unit and has a growing reputation as the world leading supplier of its computer based systems to assist in maximising product design. It has gained international recognition for know-how, customer business profile and its developmental connections. A good indication of the company capabilities is that it has been awarded a government grant towards the development of a GPS-based control system for machine tools. A project that is led by the company and run in co-operation with a major university. With a first class management team in place it is at the point in its development that will be of special interest to high growth companies with its latest state of the art innovative processes.
Profit: Adj EBITDA £650k
Independent, creative strategy agency, specialising in the delivery of innovative internal communications. Established over 20 years with long-standing multi-national client base. Works with major blue-chip organisations, with clients including HSBC, Cisco, Sony and Standard Bank. 50% of turnover generated from contracted clients. Creative, experienced and loyal management team in place, possessing the necessary skills required to mange and grow the business. Operates from leasehold in London, with considerable scope for further growth. Projected turnover of £2.7m with an adjustment EBITDA of c£615k.
Profit: Adj EBITDA £515k
Establised over 15 years, the company is a globally recognised leader in the field of large-format touch sensor technology for both multiple and single users. The company supplies it patented products under trademarked brand names to clients from sectors such as retail, transportation, gaming, marketing/PR, digital signage and ticketing. Diverse selection of international and domestic clients, with exports contributing to approximately 30% of turnover. Well established client relationships, based on an account management system. Holder of many accreditations, certifications and approvals, including REACH, RoHs, FCC, UL and CE. Robust second-tier management team capable of assuming the directors' responsibilities post-sale. Operates from a 14,000ft leasehold premises with in-house production facilities capable of operating on a 2 shift system. Holds various brand trademarks and is licenced to use a range of patented products.
Profit: Adj EBITDA c£580k
The company's software has been recognised as a leader within the market which has been demonstrated through a number of prestigious awards the company has earned over the years. The company is on the government's approved supplier list and its software has been used by a number of blue chip corporates. The software use proprietary linguistic algorithms, and collects data about spelling errors from users, which is particularly beneficial for users with dyslexia. Research has shown the software to improve both efficiency and quality of work. The opportunity may be of interest to companies involved in linguistic software, assistive software, productivity software or other complementary software that is marketed to corporate, public sectors or individuals. Turnover for FY18 is forecast c£760k with an adjusted EBITDA of c£615k.
Profit: Adj EBITDA c£174k
B2B online retailer and reseller of new & used parts for Apple computers & devices, in addition to providing a flexible and comprehensive in-house repairs and upgrade service to a client base located UK-wide and internationally. Online retail store offers 11k+ product lines and 90k+ parts selling in three currencies and two languages. Sales split by service - used parts (50%), new parts (29%), refurbished computers (17%), tools & accessories (2%) and repairs (2%). 841 active clients in the last 12 months, with the top 10 accounting for c17% of sales - no reliance on any one customer. Preferred supplier status with many clients due to being a specialised equipment supplier. Business operates from 5,500ft² open plan studio work-space and product storage (leasehold, owned by a third party). IP rights owned on unique coded software embedded the company's website is able to locate specifiic parts for customers by serial number.
Location: South West
Profit: Adj EBITDA £293k
A well-established service base company offering web & application development complimented by a privately owned hosting infrastructure. The company also develops, produces and delivers high end bespoke servers & forensic computer hardware. Operating across a wide range of sectors including government, corporate and education. Key revenue streams split across hosting, web & app development, supported by specialist hardware sales namely high gross margin forensic PCs. 3 year contractual service level web hosting agreements with a number of major clients, valued at c£280k per annum. Purpose build managed infrastructure centre, with 99.999% up-time, located near an internet Point-of-Presence (PoP), allowing access to one of the UK's biggest internet providers. Loyal client base, high level of repeat custom, with a portfolio of blue chip clients including G4S & Ultra Electronics as well as the NHS, MOD, GCHQ, Metropolitan Police & other Educational/government departments. Holds valuable intellectual property in the form of the company's proprietary CMS & ecommerce platform.
Profit: Adj EBITDA £247k
The company is a specialist software development company with a strong presence in the UK healthcare sector, providing a cloud-based work collaboration and programme management system. Having established a strong client base across the public and private sectors, the company benefits from a continuous stream of contracted recurring revenue and winning numerous high value tenders. The company provides fully customisable project and programme management solutions, featuring real-time reporting, analysis and enhanced collaboration capability, including instant messaging and file sharing. This is a fully relocatable opportunity, as all employees operate remotely. Experienced and knowledgeable management team in place, with directors willing to remain with the business post-sale to oversee the continual growth of the business and development of its services. On course to achieve turnover of c£1m in YE17 with an EBITDA of c£500k.
Profit: Adj EBITDA £317k
Long-established company, operating for over 15 years, offers a comprehensive range of services, including bi-directional SMS texting facilities, inbound number rental and associated maintenance and support services. Long-established company, operating for over 15 years. Serves hundreds of customers across industries including prestigious, high-profile clients, including utility, travel, communications and media companies. Over 550 active clients with 90% providing regular repeat business. Serves a diverse array of sectors, including education, finance, government and healthcare. Fully relocatable opportunity due to the nature of the company's web-based services and it owns all its own technology IP. Projected YE17 turnover of £823k.
Established over 8 years the company is one of the leading online replacement parts specialist for devices and systems within the UK. Including the directors/shareholders the company employs 8 knowledgeable staff capable of managing the company on a day-to-day basis, as well as 2 full-time agency staff. Project turnover (YE17) of £4.1m. Operates from leasehold premises, which is renewable this year, making the business easily relocatable.
Location: South East
Turnover: Forecast c£2m
Profit: Forecast Adj EBITDA c£250k
Industry leading provider of interactive & collaborative technologies. Key solutions include interactive screens, video conferencing, LED screens, projectors & bespoke solution design to clients operating in the construction, manufacturing, pharmaceutical, software, training & education sectors. Main differentiator between the company and its competitors is its ability to understand clients' requirements, & apply technology to solve problems within an agreed budget. Works in partnership with its clients to provide tailored solutions through pre-sale consultancy & ongoing support. Majority of clients operating in the education sector are state funded schools ensuring financial stability, also provides managed services to its client base as an additional revenue stream. Several clients have 12 month rolling support contracts with the company,, providing an excellent recurring revenue stream. Approved supplier to a large military customer, as well as over 30 corporate clients. Gold accredited SMART Technologies reseller & accredited to sell several other technologies including NEC, BenQ and OneLan.
Location: North East
Profit: Adj EBITDA c£400k
The company is a well-established digital specialist, providing high-end design & build services and strategic digital transformation programmes to commercial clients. A proven track record of delivering highly effective solutions that have helped its clients out perform their competitors has secured the company's reputation as one of the leading UK digital agencies. The company works at the top end of the digital design & build sector, providing clients with highly tailored web, mobile, tablet and bespoke development services which deliver on their commercial objectives. One of the pioneers of the digital transformation approach and increasingly works with clients at a strategic level on ongoing programmes of work. Headquartered in the North of England with a satellite office in London, its clients are drawn from throughout the UK and include many blue-chip businesses. Excellent client retention and one of the highest rated digital agencies for customer service. Experienced and knowledgeable management team.
Location: North West
Profit: EBITDA c£300k
Established over 30 years, the company designs and builds software packages for companies operating in the software furnishings market, offering bespoke products along with its own highly regarded software. Its own software is regularly updated and rewritten when needed, and a mobile version has recently been developed. The software can also be tailored to the customers needs and requirements without any complications as the company caters to some of the most well-know and highly regarded companies in the industry. Technical support and training solutions are also provided so that customers can navigate their way around he systems. Strong second tier management team meaning minimal replacements needed, and the managing director is willing to stay on for a negotiable period.
Location: North West
Profit: Adj EBITDA £617k
The company is a long-standing and respected provider of IT systems and support services for commercial and industrial clients. The company has earned an enviable reputation amongst larger SMEs and corporate enterprises, maintaining a strong national client base and benefitting from a high level of repeat and referral business. The company provides fully managed technical support, IT & security consultancy, software support and cloud services. National blue-chip client base with long-standing relationships in place and a 90% retention rate with 160 active clients from a diverse range of sectors. Experienced management team in place, possessing the necessary skills and expertise required to manage and grow the business independently of the shareholders. Operates from a 4,800 sq ft freehold premises. Growth strategy in place with plans for further development of service offering and marketing campaigns being implemented.
Turnover: £2.8m / Forecast £2.5m
Profit: Adj EBITDA £352k / Forecast Adj EBITDA £787k
The company, established over 15 years, provides non-destructive testing (NDT) equipment, specialising in x-ray technologies, complimented by inspection, maintenance and support services. Working with national blue-chip clients and prominent, industry-leading suppliers, the company has established itself as one of the largest businesses in the UK that concentrates on the supply and service of industrial x-rays. Over 180 active clients in the aerospace, automotive and manufacturing sectors, 90% of whom provide reliable repeat business on an ongoing basis. Highly experienced and knowledgeable management team and workforce in place, capable of managing and growing the business independently. Operates from a 12,000 ft² premises with leasehold and freehold options available.
Profit: Gross Profit: £1.6m
The company, a leading specialist provider of training and conferences focusing on compliance and data protection, has seen annual growth since inception due to the growing importance and proliferation of information law, compliance and data protection in the business world and the requirement of companies to keep relevant, key members of staff informed about the legal requirements and provide them with the tools to implement the policies within the workplace. The business operates out of an office in the UK, which could be relocated, and serves an enviable client base of international, blue-chip companies, public entities and charities in the UK and Ireland. With strong recurring revenues already, the current focus on compliance and data protection regulation means that there are significant opportunities to increase sales through international expansion as well as adding additional services. 60% of recurring revenues from clients with ongoing training and education programmes. Strong management team responsible for the day-to-day running of the business.
Location: North England
Profit: Adj EBITDA £506k
Well-established company within the UK and Ireland's automation sector, providing software and computer controlled solutions. Following the introduction of a cloud-based model the company is expected to generate a turnover in excess of £7m by FY19. 350+ clients within the business, operating within sectors such as engineering, power, life sciences, utilities and OEMs. Long-standing partnership in place with major blue-chip business, specialising in industrial internet technologies. Ideal position to be remodelled as a cloud services provider, enabling the company to offer IIoT solutions and services with the business looking to achieve number one market provider status in IIoT by 2020.