PRO1353

Software Publisher For The ERP, Food, and Manufacturing Industries

Southwest US
 

The company develops and implements industry-focused integrated Enterprise Resource Planning (ERP) software. It specializes in industries such as food processing and equipment manufacturing where safety and quality control are mandated by business and regulatory requirements. Its proprietary software is a critical application for manufacturers that require a high level of quality control, detailed batch record keeping and traceability. In addition to software publishing, the company provides consulting and support services and is a reseller for several third-party software applications.

Key Aspects:

  • Great reputation and customer references
  • Double digit growth for over a decade starting 2005
  • Serves niche market: Manufacturers and Food Processors
  • Industry trusted product and service capabilities w/ specialized functionality that can support needs of large market industries
  • Proprietary software application that generates 24% of revenue
  • Major provider of ERP consulting and support services
  • Reliable partner relationships that provide sales leads
  • Well-defined, repeatable methodology that allows for reliable implementation of its software
  • Able to implement software faster than competitors

    Opportunities:

    • Increase sales and marketing
    • Increase target marketing and lead generation
    • Expand into the medical device manufacturing industry
    • Hire more skilled employees and developers
    • Develop new relationships to increase channel distribution
    • Further improve technology and integrate other ERP systems
    • In the process of developing mobile (.net) system
    • Penetrate the growing oil and gas equipment industry
    • Increase recurring monthly revenue from consulting and support services
       

      Potential Purchasers:

      • The company is a great add-on software solution to software companies that are interested in penetrating the compliance space of food, oil and gas equipment, medical device, etc. industries
         
        Year:

        2014

        Tax Rtns

        '000

        2015

        Tax Rtns

        '000

        2016

        Tax Rtns

        '000

        2017

        Actual

        '000

        Turnover2,5782,7512,5312,278
        Gross Profit:2,0082,1782,1211,737
        Adj. EBITDA *365415500387
        * Earnings before interest, tax and depreciation (non-cash item)
         
        Bids Invited