Opportunity Overview:
The SaaS Services Company is located in Western Canada. The Company provides sophisticated remote monitoring software services, software, and field installation for a variety of industries.
The Company employs full-service field service teams, complimenting the SaaS business through the sale, installation, and service of clients’ hardware.
The shareholders are pursuing a full sale of the business to a buyer who can grow the business further. The current is willing to remain in the business for a negotiated time period to ensure a smooth transition to new ownership.
The reason for the business sale is retirement.
Key Investment Highlights:
Recurring Revenue Model — A good portion of The Company’s revenue is from recurring subscriptions, providing a predictable and consistent income stream and financial stability.
Equipment Integration — The Company sells equipment for use with their software, to be able to monitor and manage client assets.
Diversified Revenue Base — The Company services a range of industries and has the scalability to expand further.
2023 Revenue: $24.6M
2023 EBITDA: $4.1M
2024F Revenue: $29.0M
2024F EBITDA: $4.9M *Client projections
*Figures in CAD$
