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Asking Price: $20,700,000

Cloud Automation SAAS Company 115% Net Revenue

Not Disclosed, NY
Not disclosed

The company is a scalable, fast-growing cloud automation SaaS provider with a strong focus on efficient data service automation. It uses open-source technologies to make cloud automation efficient for enterprises. The company’s IP integrated Data Service products are used by large corporations and mid-size companies across North America, Asia, and Europe.The firm was established more than a decade ago, and through its creativity, it transformed by 2018 into a successful cloud operations provider. In 2019, the company formed a Kubernetes team.In 2023 the company beat management expectations with 36% to reach $7.0m in revenue and recorded an EBITDA margin of 42%. For 2024, the management has budgeted a realistic $8.1m in revenues, and 3.5m in EBITDA. Between 2019 and 2023, it maintained a stable CAGR of 19.1%, with a client retention rate of 100% over the past three (3) years.Team: The company is led by an experienced senior management and technical team, with a total of 67 full- and part-time employees.Services and Clients: The company facilitates client deployment of applications on any cloud infrastructure through its proprietary IP, offering platform-agnostic Platform and Data Services. Clients include Fortune Global 500 companies in manufacturing, financial services, and automotive industries. Contracts range from two to seven years, and the company employs a recurring subscription revenue model.

Cash Flow $3,449,975
Revenue $8,066,299

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