Software Developer – Asset Sale
Industry: Online and Technology
Listing ID: P05052022
This well-established and well-connected company is an independent software developer and provider of technical services with highly sustainable software products and valuable industry inroads developed over the past 25 years. Seller is seeking an asset sale for his highly developed interoperability software with applications across many industries from small to enterprise level in both public and private sectors. The Company is a Microsoft Certified Partner since 2003 and an Oracle Gold Certified Partner since 2013. They also have HP OEM retail certification.
The owner has created highly developed, sustainable low code-no code interoperability software that allows various applications to easily exchange data, is fully configurable and works very fast in any size organization, including at the enterprise level. Software applications enable school systems, governmental agencies, software suppliers, health care, and business services to rapidly implement highly scalable and reliable infrastructures as well as integrate data from different systems seamlessly and without the need to make significant changes to existing systems. Their products can collect, quality test and consolidate data from all connected applications, and they can automate routine system maintenance and protect environments from surges. The company also provides ongoing support and consulting services.
This is a software asset sale with products that have widespread applicability and significant value. There are little current revenues in the company, but seller is working on a pipeline of pending contracts a buyer may wish to bid on.
The Company is 100% owned by the founder, a software engineer who is highly regarded and has high level connections in industry and governments. He is planning for eventual retirement and will work with a buyer to transition as needed. Seller will consider various levels of investment and offers for an outright sale, for controlling interest, or for a non-controlling interest.
• Price Range: $1,500,000 to $5,500,000
• Down Payment: Negotiable •
• FF&E: Included
Reason For Sale:
Planning for Retirement
Training & Support:
Seller will stay on for up to a year to assist with technical and marketing expertise.
Year Established: 1995