The company offers first-class information security and mobile working solutions to some of the highest profile clients in the UK. Sectors served include central and local government, healthcare, legal services, education, engineering, and retail.

Priding itself on its client-focused service and innovative products, the company holds trademarks for the various products’ logos and brands.

The business is now being offered for sale to enable our client to focus on other, unrelated business interests.

Offers invited.

Key Highlights

– Wide-ranging and diverse client base that includes some of the UK’s highest profile information management organisations.

– Experiences a high client retention rate, with 90% of revenue being derived from licence contracts; many solutions require a minimum sign-up of three years, ensuring reliable, repeat revenue.

– Strong, experienced second-tier management team in place.

– Operates from leasehold premises (no lease commitment), with no on-site data centre or solution infrastructure (all cloud based).

– Ideal bolt-on opportunity.

– Perfect acquisition opportunity for a technology firm with an existing user base of document/record management software, applicant tracking/HR software or security software.

Financial Highlights

– Turnover of £804k in YE23 with an EBITDA of £565k.

– Forecasted turnover of £832k in YE25 and £628k in YE28.

– 800 remaining licences available as part of the sale that could generate an additional circa £560k annually with no extra overhead costs.