Established in 2014, the business is a cloud-native consulting and services company specialising in accelerating, transforming, and securing technology for businesses in the digital age. The company's mission is to deliver value-driven consulting by leveraging modern cloud-based solutions and liberating businesses from outdated legacy IT practices.
The company’s core services are focused on Technology Spend Optimisation, Technology Business Management (TBM), Digital Workplace Transformation, Cybersecurity/Risk Management and cloud-based business enablement solutions.
The company holds a distinct position within the IT consulting landscape: the company is the only niche consultancy company in the UK combining IT cost optimisation and IT transformation across App Dev, Infra and Security at an enterprise scale using Agile SAFe, positioning it as a distinctive alternative to larger consultancies like PwC, Accenture, McKinsey, KPMG, Deloitte, and EY.
The company offers a unique value proposition for prospective buyers, including:
Operations within a huge growth market, as growing cloud spending, cloud inefficiencies, data breaches, and regulatory compliance costs drive demand for IT consultancy services;
A prestigious network of contacts and clients across the financial services, utilities, retail and public sectors, developed over ten years of operation;
An exclusive partnership with Apptio (part of IBM), the TFM and Cloud Financial Management SaaS solutions provider;
A team of four in-house and five external subject experts/consultants, with considerable experience in asset management and technology transformation and compliance;
A successful track record, having identified £200m+ P&L cost savings and delivered 250+ European projects;
Upward operating profit and EBITDA trends, with an adjusted EBITDA of £119,281 in 2022;
Significant scope for growth.
Profile of prospective purchasers
The company would be a valuable bolt-on to any existing Managed Service Providers or Internet Service Providers.
The shareholders advise that an acquirer with an appetite for providing remote GTM and marketing could help to quickly close the gaps in the company’s business model without incurring additional costs.
Highlights
The only niche consultancy company in the UK combining IT cost optimisation and IT transformation across App Dev, Infra and Security at an enterprise scale using Agile SAFe;
A prestigious client base across the financial services, utilities, retail and public sectors, developed over ten years of operation;
An expert team of in-house subject experts and external associate consultants;
A successful track record, having identified £200m+ P&L cost savings and delivered 250+ European projects;
A proven financial model, with a turnover in excess of £2 million achieved in the year ending 30th September 2018.
Opportunities
The potential scope for the company’s services is large: the company could expand its existing service capabilities with, for example, AI/ML solutions tailored to data analysis, automation and predictive maintenance, DR/BC plans to minimize downtime and data loss, and more.
The market is also conducive to future growth, with surging cloud spending, rife cloud inefficiencies, and increasing cyberattacks and data breaches.
Reason For Sale
The current shareholders want to focus their energies on other business interests. They are amenable to a handover period of 1-4 years, subject to negotiation.
Financial Profile
2023 Turnover IRO £164k
100% share capital.
Interested parties will be required to sign an NDA
