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Details

Apr 29, 2019The company is a web-based solutions business, specializing in building online, browser-based software applications.

Key aspects
· More than 22 years of experience in the application and web development solutions industry
· Invaluable key contacts established within the healthcare sector, particularly in the Austin, Texas market
· Robust solutions that quickly and efficiently lower client costs
· Experienced employees with an average tenure of 10 years with the company
· Strategic understanding of client needs, deadlines and budgets
· Locally-owned and operated business since inception

Opportunities
· Continued focus on digital growth, branding and opportunities will provide significant ongoing revenue growth.
· Excellent acquisition opportunity with a solid and well-established client base within Austin´s fast-growing technology market.
· Implementation of a new business development department will facilitate new client engagement and projects.

Headquartered
· Central Texas

Current markets
· The company's client base spans numerous industries which include technology, healthcare, education, and consumer retail.

Real estate
· The company leases 5,200 square feet in a professional office building from an unrelated third party located in Central Texas.

Shareholder/owner objectives
· The company is owned by four individuals. Two of the largest shareholders are approaching retirement and are seeking a full-sale of the company. The largest shareholder will likely leave the company after a sale. The other would prefer to stay on for two more years before considering exiting the business. Both owners are willing to stay post-sale to ensure a smooth transition to new ownership. They are open to different deal structures to allow the company to continue growing.

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