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.
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.
Profit: Reconstituted Profit before Tax £245k
Established and profitable supplier of circuit boards designed to interface real time machines to computers and networks. Own range of products with very long sales life (circa 10 years) and a new range of boards have recently been launched meaning that no new product development will be required in the short to medium term. Diverse and international customer base, with the industrial, medical, military, and aerospace sectors accounting for approximately 80% of orders. All production outsourced to a ISO9001 certified manufacturer. The company owns intellectual property used in one component of its own products that could have wider potential. UK based but easily relocatable to anywhere in the world.
Profit: Not Disclosed
This cloud based CPQ software company was established over 15 years, operating a highly regarded "Enterprise Application", that provides its clients with a powerful CPQ(Configure, Price, Quote) software solution to help streamline clients' core sales, customer acquistion and marketing processes. The software is used for the production of quotes an associated documents, and is deployed by Sales Teams, Channel Partners and in an ecommerce environment. Recent investment in the system enables the cloud based product to work on all main CRM systems, on any device, and on any main browser. The software is built around a highly capable and flexible engine. It allows the business to specialise in both simple and extremely complicated configurations. The business has a wide range of UK and multinational clients across the service and manufacturing sectors. To accomodate its worldwide users the software is both multi-lingual and multi-currency.
Location: South East
Profit: Adj EBITDA c.£2.2m
A significant and rapidly growing UK based provider of specialist data security IT hardware, software and project implementation & managed service to large corporate entities and major financial institutions. Based in the South East, the business has traded successfully since 2005 and benefits from long term contracts and robust client relationships with 100% client retention. Projected turnover c.£24m and projected Adj EBITDA c.£4m.
Location: North West
Profit: Adj EBITDA £123k
The company has established a strong position within a unique, in-demand sub-sector of the RFID market, and maintains a developing presence. Clients are primarily Main System Suppliers of RFID systems who require the company in order to bring their projects to completion. Provides a service not offered by the suppliers of RFID systems; thus leading to a reliable income stream and close, long-standing relationships with most leading RFID suppliers. A high level of repeat business with 90% of clients typically returning within the same year. Strong second-tier management team is able to successfully operate the business on a daily basis. Has been instrumental in the installation of approximately 30 million tags and has a strong pipeline of approximately £1.72m up to 2018.
Location: South East
Well-established IT consulting engineers, primarily providing services to the construction industry covering the IT infrastructure requirements for new build and refurbishment of large scale schemes in education, plus other IT related services. Covering the whole of the UK with 8 regional consultants, they typically work alongside tier 1 contractors bringing specialist skills to ensure all IT needs and implications are taken into account from the initial stages and integrated into the overall design. IT needs covered range from physical infrastructure such as servers and systems, telephony & security, to SMART building design and e-learning requirements. Excellent profits - almost 40% - will be delivered on sales approaching £5.4m in 2017, and there is a strong pipeline of work into 2018 worth in excess of £8m, all with similar margins.
Location: North West
Profit: Adj EBITDA £320k
The group consists of two companies. One offers high-resolution, ultraviolet, litho-printing of synthetic substrates to the packaging, FMCG and dairy industries. The second holds intellectual property related to low-ink-weight-deposition-printed electronics and electro-spun nano-fibres, with projects ongoing within contracted research organisations, pharmaceuticals and directly with end users. Both companies specialise in particularly niche sectors. The printing company’s focus is unique within the UK. Considerable scope for developing a variety of product ranges using the intellectual property from the nanotechnology company. Several key managers are prepared to remain with the group post-completion. Operating from 39,000ft² freehold premises to be included in the sale of the business.
Location: Yorkshire & the Humber
Profit: Adj EBITDA £366k
The company is a highly respected “System Link” specialist providing a full project management service in both private and public sectors. The company, established in 2004, specialises in flexible IP camera solutions such as CCTV, Bio-metrics, security, surveillance and Specialist Video Capture. The company currently has 20 secured contracts with a total contract value of c£1.5m, and often secures repeat business with key customers and has a number of contracts under tender which present significant growth opportunities for the potential acquirer. The company has a nationwide reach, however most of its customer/contracts are in Yorkshire.
Location: South England
Profit: Adj EBTIDA £840k
Niche market training company providing bespoke training for the telecoms provider market. Training provided covers the usage of a whole range of telecom equipment including operator training, telephone etiquette & train the trainer. Training is readily accessible through a nationwide network of specialist freelance training providers (80+), & includes courses & one-to-one training at clients’ premises through the UK. Partners with, and is recommended by, over 150 vendors, telecom operators, & resellers of telephony platforms & applications. Niche service provision with minimal competition and a client base that consists of high profile blue-chips from a wide range of industries including finance, major retail & aerospace. Lean, highly scalable UK operation with minimal overhead, enabling ease of relocation & scalability of operations.
Location: South East
Profit: Adj EBITDA £90k
The company is a Sage Strategic Business Partner that specialises in the provision of Sage support, including services such as development , consultation, demonstrations, installation and training. The company is long established and has operated over 25 years serving an extensive array of sectors, with a particular focus on wholesale, distribution, and light manufacturing. 80 active clients, who provide a high rate of repeat business and the company is EQUE2 and Draycir partners. Managing Director willing to remain with the company to facilitate a post-sale handover period, if required. operates from leasehold office premises with expansion capability.
Location: South England
Profit: Adj EBITDA £140k
Contracted IT support and managed services provider, located in the south of England and established over 20 years and owned by the shareholders since formation. Operates nationally with high client retention rates. Extensive service offering, with considerable scope for development of hosted services. Experienced staff in place to manage technical side of the business. Sizeable, easily accessible leasehold premises.
Location: West Midlands
Profit: Adj EBITDA £139k
System recovery software specialist, proving software that copies data from a live system to a backup system, when systems are fully functioning. Also provides disaster recovery products & data replication solutions for corporate client whose IT systems require continuous operation. As a specialist in sales, support, training & consultancy related to the supply of SIOS (Software for Innovative Open Solutions) products. The company works with a diverse range of corporate clients whose IT systems require continuous operations. Strong presence in niche IT sector as a provider of specialist technical solutions. Clients include end users, independent software vendors & re-sellers, such as Schneider Electric, Capita & Cloudreach. Sole distributor arrangement with software manufacturer for over 15 years covering UK, RoI & Middle East. High levels of repeat business, c70%.
Turnover: Projected £4.68m
Profit: Projected Adj EBITDA £477k
Established in 2007, the company is privately owned and the team consists of a strong and experienced team of business development managers, resourcing staff and a delivery manager. IT Consulting, solutions and professional services, with two offices in the UK and a back office in Mumbai. Services include application development, support, maintenance and testing in the digital, web, online and mobile arena. The company works with large blue-chip organisations to define and implement enterprise level digital, eCommerce and mobile strategies and solutions. Long standing client relationships in place. The company also has Master Services Agreements with some of the highest profiles Systems Integrators in the market and as such would provide an excellent gateway for any acquirer with a range of technology products and/or services that would be relevant to the client base of these integrators.
Profit: Adj EBITDA £440k
Established for over 15 years and based in the UK, provides email marketing services, including software and consultancy, designed to maximise revenue generated from existing CRM systems and customer databases. 127 active clients from a wide range of industries nationwide, with 95% providing repeat business and the majority signed up to ongoing contracts. Well established second-tier management capable of overseeing daily business operations. Operates from a 2,400 ft² leasehold premises with potential for expansion. Operates to ISO27000 accreditation standards. The YE17 projected turnover is £2.3m.
Location: South East
Profit: Adj EBITDA £326k
The technology provided by this business is in use throughout the world by: Governments; Global defence contractors; Financial institutions and security service providers. With an established business model, solid recurring revenue streams and considerable intellectual property, this company continues to invest in Research & Development to sustain its position at the forefront of the fast moving cyber security market. Following an extensive programme of investment and development, the company is now positioned to exploit ts astonishing growth potential in a connected world where the need for cyber security has never been greater.
Location: East England
Profit: Adj EBITDA £257k
Provides a range of IT services, including support, cloud hosting, data back-up, full connectivity provision, training and telephony systems. Has over 300 current clients (180 contracted managed service), with some working relationships spanning over a decade. Services a variety of industries and professions, with the capability of providing for an business sector in need of controlled IT management. Operates out of state of the art offices, structured to offer further opportunity to promising businesses. A strong and fully trained management team in place, with no need for director replacement post-sale. YE18 projected T/O of £1.2m.
Location: South East
Profit: Not Disclosed
Niche software provider, developing management information systems, as well as providing ongoing support for clients operating in the education sector. Systems cover the entire range of a school’s activities & are utilised by all members of staff including teachers, administrators, nurses & HR managers, as well as member of the community such as parents, governors & alumni. Produces management information systems (MIS) capable of covering a range of activities from managing tuition fees, to sending notification to students regarding upcoming events. Excellent & diverse client base with over 250 private schools & academies in the UK, as well as 30+ overseas schools. Overseas clients located in Germany, Ireland, Brazil, Peru, Japan, China and Thailand, with overseas sales accounting for 23% of turnover. Clients engage in 12 month contracts, fees range up to £30kpa. 100% of the IP for the software is owned by the company.
Location: South East
Profit: Adj EBITDA £468k
The company is fully qualified and certified, providing cost-effective solutions to users of high performance electronic systems. Services include the design, build and serving of data centres, computer rooms and communication rooms. The largest contributor to turnover is the service and maintenance contracts, accounting for up to £300k per annum as well as 45 active clients within the business including blue-chips, such as Skanska and Time Inc. Secured works moving forward into 2017, with one contract valued at £600k. Core services include power audits, environmental audits, computer re-location and the supply of power products. The company can also expand into services such as fire detection, CCTV and access control.
Profit: Net Profit: £330k
A leading provider of specialist business to business VoIP solutions in the UK. The business has developed a niche software platform in order to process the high volume, low duration telephone calls over the internet. Based in the UK, this business is a specialist operator providing VoIP services to business clients on a national and international basis. The company’s current traffic is 15 million minutes per month and the projected traffic is 25 million minutes a month. The company is a tier 1 carrier, and a leader in the vertical market.
Profit: Adj EBITDA £106k
Provides a comprehensive range of solutions, including fibre optics, FTTC connections, broadband internet, SIP, WiFi and telephony. Also provides upgrades, ongoing maintenance, rental sytems and reconditioned equipment. Runs monthly billing for line, calls, SIP and broadband. Operates from a 1,000ft² leasehold premises. Over 350 active clients, of which 85% provide repeat business and 85% of turnover generated by 3 year contracts. Experienced internal candidate available for progression to fulfil the director's duties, post-sale. Strong second-tier management team able to run business operations on a day-to-day basis and facilitate company growth without the directors input. Projected turnover of £690k and projected Adj EBITDA of £128k.
Profit: Not Disclosed
A service led IT company providing high quality computing solutions for business in the form of support hardware, software & a hybrid cloud solutions to SMEs. Typically operating within a 30 mile radius of its offices, the company provides face-to-face, as well as remote, assistance to its clients, providing fast response times, via its team of highly skilled engineers. Focusing on a premium service, a large number of clients hold service contracts with the company, providing a significant proportion of reliable, recurring revenue - 50 support contracts make up 80% of the overall revenue. Receives high margins that are above the industry average on hardware & software sales largely due to strongly endorsing the products it sells. Employs highly qualified & experienced engineers that provide friendly & professional face-to-face interactions with clients, along with a quality that is never compromised.
Profit: Adj EBITDA £440k
Prominent blue chip client base, with relationships spanning over 28 years The company specialises in Rockwell, Siemens, Modicon and Mitsubushi PLCs (Programmable Logic Controllers). Other partners include Schneider Electric, GE and Wonderware. Leasehold Premises based in the UK. Long-standing second-tier management team with necessary skills and expertise required to manage the day-to-day running of the business on an ongoing basis. Scope for further expansion through additional sales into existing client base.
Location: North East
Profit: Adj EBITDA £674k
Specialises in hard facilities management and technical engineering. Prestigious blue-chip client base, with relationships spanning over 9 years and a near 100% retention rate. Highly experienced and long-standing management team in a place. Strong pipeline, with ongoing contracts in place with all active clients and a further £1.1m of confirmed upcoming projects in 2017. ISO9001 and 14001 accredited.
Profit: Adj EBITDA £239k
Provides outsourced IT support, telecoms & Sage 200 to clients, predominantly SMEs, operating across a diverse range of sectors such as hospitality, logistics, education & recruitment. Services are typically offered across the North of England; however, the company has customers located throughout the UK with proven on-site and cloud-based server and telephony solutions. Diverse service offering enable the company to cross-sell multiple products & services to existing clients. Long-term contracts in place from 1-5 years, leading to reliable , recurring revenue streams. Growing company with year-on-year growth in turnover and staff.
Profit: Adj EBITDA £295k
Commercial, corporate and industrial client base across a diverse range of sectors. No individual client accounts for more than 1.4% of turnover with an average churn rate of 2.5%. Experienced team in place, including knowledgeable sales force, capable of managing the day-to-day running of the business. Fully relocatable opportunity, scope for further expansion by integrating system with other SaaS platforms and expanded CRM functionality. 80% of turnover from reliable monthly subscriptions.
Location: South West
Profit: Projected revenue c£3.5m
Principal activity is the provision of ICT resources & services, comprising online tools & onsite personnel, to educational establishments allowing the company to manage, develop, and support an establishments' technology. Other service areas include the provision of IT projects, such as delivering cloud-based services, & the provision of IT consultancy, offering specialist guidance on future investment decisions. Offers to schools an end-to-end approach from design through to implementation & commissioning of IT solution such as managed services, as well as the provision of end-user training, if necessary. Impressive client base of schools includes prestigious, world renowned institutions - not reliant on any 1 client. retains over 60 service contracts - c75% being over 3 years in length as well as 13 new clients provided with managed service contracts already in the current financial year(April 2016). Offers industry standard solutions, whereas competitors market proprietary solutions, which are seen as undesirable in the education sector.
Profit: Adj EBITDA £286k
Providing industry tailored software development, standalone software packages & contractual maintenance to a diverse range of niche, often expert, B2B clients in industries including commercial property, integrated accounting, health, manufacturing, travel & distribution systems. The company provides full implementation of software packages for clients, including training, support, installation & data conversion facilities alongside integrated web development. Alongside its domestic operations, the company has been referred to international clients based in Brazil, Cyprus/Greece & Switzerland. 6 major items of contemporary software IP in the company's portfolio - now in a position to capitalise on 3 years & >£500k of investment in cloud based architecture. Majority of revenue sourced from secure contractual software maintenance & development with 12 clients. Working relationships exceeding 8 years with expert institutes such as universities and an international health foundation.
Profit: EBITDA £1.136m
Telecommunications consultancy, systems integrator and services company providing strategic consultancy, testing, management and contact centre services to a number of high profile clients, such as Virgin Media, Vodafone, National Grid, Prudential and companies boasting FTSE100 listing. Provides innovative solutions as well as adding value to existing systems focused on contact centre and unified communications. Projects are delivered in a number of business sectors including retail, media, utility, retail banking, insurance and life and pensions. Senior members of staff hold relationships & accounts with majority of high profile client base. Impressive repeat business level of circa 90%. Fully relocatable with no premise requirements, with the ability to not only add value to existing systems, but to optimise performance and functionality. Statement of work & agreed contracts with clients provides a strong pipeline of work.
Location: South West
Profit: Adj EBITDA £192k
Leading supplier of integrated mobile data solutions allowing clients to manage mobile workforces and significantly save costs. High customer retention with customers committing to 5 year contracts. Long-term business model, the software cannot be replaced without considerable cost and disruption to the customer. The software is highly customisable and provides innovative cost-saving features for customers, which can be integrated into other software products. Multi-lingual software offers buyers the possibility of growing further into international markets. An online (SaaS) version of the product can also be developed. Many blue-chip clients in food services and FMCG, but product can be used in other sectors. Strong order book and sales pipeline, with low operating cost base and high margin business. Projected turnover for 2017, £814k
Profit: Adj EBITDA £540
Established close to 20 years. Installs, programmes and comissions audio-visual and video-conferencing equipment, offers hire and event delivery services, and provides ongoing service and maintenance contracts. Over 100 annually-renewed maintenance contract clients from sectors such as finance, legal and insurance, predominantly based in London but with a percentage throughout the UK and overseas. Ongoining projects valued at over £4 million.
Profit: Gross Profit: £2.1m
For 20+ years the business has been a leading, international supplier of automation systems for financial products to banks, bureaux de change, travel businesses, shopping centres and hotels. Having developed its own, award-winning software platform, the company provides FX software services and consultancy to more that 5,000 high street businesses in the UK. In the US, it provides software for gift card programmes in 400 shopping malls and 80 hotels, equating to more than 4 million pre-paid cards. With a strong track record and an enviable client base, there are significant opportunities to scale up the business, in terms of the products the company already offers and those currently in development. A sale of 100% of the shares is being considered. The directors are retainable full-time or as consultants, as required.
Profit: c£0.8m EBITDA
Market leading SaaS and on-premise product with extensive functionality. Market for energy management solutions growing rapidly and company poised to benefit from "Big Data Analytics" and the "Internet of Things". Global, Multilingual and truly scalable solution representing £4m of investment to date. Direct sales and worldwide partner network. Experienced management team and in-house development team. Strong enterprise level customer base, recurring revenue >70% and customer retention >90%, no customer concentration. Capable of significant growth with resources of large purchaser.
Location: North England
Profit: Adj EBITDA £571k
Highly regarded provider of Microsoft Dynamics CRM solutions offering professional services, support, software sale and CRM cloud services. Serves SMBs and large companies within: health; legal; financial services and not-for-profit. Long term support contracts in place, revenue from which grows annually. Strong second-tier management team. £4.8m in pipeline and a projected turnover of £3.5m.
Location: South England
Profit: Gross Profit: £960k EBITDA: £255k
IT Support company serving B2B clients predominantly operating in the hospitality sector including restaurant groups and hotels. Main focus is on infrastructure support, but also provides a host of other services covering IT infrasructure design, deployment services and project management. Provides fully managed IT solutions & services with an emphasis on excellent customer service & accountability, which has resulted in the company becoming a trusted partner with clients. Top 10 customers all have 12 month rolling SLAs in place & have been operating alongside the company for several years. Clients located worldwide in the UK, USA & across the Middle East. Stable company with excellent retention rates - c95% client retention; c100% supplier retention & 100% senior personnel retention rates.
Profit: Adj EBITDA £220k
Established for over five years, the company offers design and productivity services, such as template themes, cross-selling applications, revision tools and bespoke design, to ecommerce sellers worldwide. Over 250,000 active customers, including major blue-chips such as Microsoft, Sony, and Calvin Klein. Approximately 30% of revenue derives fromongoing annual subscription. Experienced management team in place. Projected turnover of £1.45m and projected Adj EBITDA over £260k.
Profit: Adj EBITDA £346k
Highly profitable and well established commercial insurance related software business located in the midlands region. Founded in 1996 the company consists of a long standing experienced team, high-profile customers and proven, class-leading software assets. It provides a comprehensive ervice, designing and implementing bespoke technology platforms exclusively for the general insurance sector. It works with substantive commercial line insurance companies who are looking to grow their online channel, increase distribution, or benefit from atomating costly administration.
Profit: Adj EBITDA £315k
Established over ten years. Designs and develops clients products using in-house teams of highly specialised personnel, from disciplines such as optics, electronics, software, prodcut development, project management and mechanical engineering. 2,600 Sq.ft. leasehold facilities featuring offices and laboratories. Experienced specialised staff, including candidates for internal progression to fulfil the exiting directors responsibilites. Circa £800k worth of ongoing projects, and approximately £1m project turnover for the next financial year.
Profit: Adj EBITDA £115k
Over £600k contracted software license income secured for 2017 and subsequent years. A project and programme software company that develops and markets two software products to the NHS and blue-chip clients. Long-established company, operating for over 15 years. Strong second-tier management team able to run day-to-day operations. Operates from a 1000 Sq.ft. leasehold office premises, with expansion capability. Managing director wiling to remain for up to one year post-sale, if required. Serves over 23 major clients, including high-profile blue-chip companies and organisations. Projected turnover of £922k and project Adj EBITDA of £183k.