VEN3181

Subscription-Based Auction Software Developer Fully Integrated with Payment Gateways

Southwest US
 

The Texas-based company offers a white label, subscription-based digital platform that allows users to organize, manage, and conduct live auctions, either as a centralized medium for business, or, as a fundraising effort for all industries.

Key Aspects:

  • Fully integrates with several popular payment gateways, including PayPal, Authorize.net, and Braintree
  • The company has earned several reputable awards for its products and services, and offers small, medium and large solutions for its customers
  • Focused team of developers specialized in marketplaces
  • Strategic understanding of client needs, deadlines and budgets
  • Locally-owned and operated business since inception
  • Compliant with industry's most stringent standards, Six-Sigma and ISO:9001
  • Aggressively priced as most cost-effective option in e-commerce market
  • 100% owner of trademarked intellectual property

    Opportunities:

    • Opportunity to own a company with continuous revenue growth (3-Year CAGR of 14.4%)
    • Ability to increase sales channels through a revamped branding, messaging and message delivery when pitching platform to large companies
    • Continue growing the high margin SaaS business and focus efforts on mid-market businesses
    • Improve the company's popularity in today's market
       
       
       
      Year:

      2016

      Tax Rtns

      '000

      2017

      Tax Rtns

      '000

      2018

      Internal

      '000

      2019

      Internal

      '000

      Turnover692739953682
      Gross Profit:692739953682
      Adj. EBITDA *8521109181
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited