SOLD

SEMI-MANAGED with ARR $1M

This outstanding semi-managed business is experiencing steady growth, high % profitability, good cash flow and a high % of recurring revenue implementing B2B solutions across a wide range of sectors in NZ and Australia and with global exposure.
With extensive experience over 30 years and its own software platform included in the price they offer standard and customized solutions helping customers to reduce costs by up to 35% in their supply chains.
Current revenue of $1.6M generated an EBIT circa $700K in FY’22 and ARR approx. $1M.
Revenue growth is strong and consistent averaging around 15% p.a. and well spread.
Growing annual recurring revenue at 60%-70% of revenue is very positive with regard to future maintainable earnings.
The price is NZ$3,400,000 to acquire all assets as a going concern including IP and software platform and the benefit of existing customer and partner relationships and agreements.
SOLD Jan 23
Services/Professional 
Listing ID DV10546
Divest Business Sales

Price

SOLD Jan 23

Elaine Ford

Managing Director & Corporate Broker
Licensed under the REAA 2008

Divest Business Sales

B:HIVE
Smales Farm
Takapuna 0622
Auckland
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