Project Firestreak
Revenue Rocket represents Project Firestreak, a leading Nearshore Software Outsourcing firm for sale by its principal owners. The quickly growing, 190+ person company offers custom application development, DevOps, and IT staff augmentation to high-growth, well-funded, highly loyal customers.
There has never been a better time to grow through an acquisition.
WHY CONSIDER A MERGER?
Access over 170 software developers at LatAm rates
- Experts in UX/UI, mobile app development, program management, front-end & back development, quality assurance, and DevOps
- Strong English proficiencies and bilingual talent
- Trained in the latest development methodologies and emerging technology
- Intimate knowledge of local markets in Colombia, Venezuela, and other LatAm regions.
An evolving business model is yielding solid results
- Sales and marketing teams are executing exceptionally well with a high quantity of quality leads paired with solid sales training and solid execution leading to average revenue growth of 43%
- Recent improvements in back-office functions and process controls have radically improved profitability
- Evolution to staff augmentation is resulting in higher gross margins
- Fast ramp-up team allows for quick client and employee onboarding
High profile customer base with strong recurring revenue
- Customers include well-funded start-ups and enterprise companies
- United States and Canada customer base of companies looking for nearshore development
- 85% of current revenue is from recurring projects.
Nearshore development benefits
- Clients enjoy correlated time zones to North America
- Strong cultural similarities across Latin American and North American employees
- 25-50% lower cost rates with an ability to offer $35-$55 rates due to cost-effective cities.
- Acceptance of remote work lowers cultural barriers to starting nearshore development projects
COMPANY SERVICE LINES
Nearshore software development:program and project-based full-stack application development managed by Project Firestreak. Offering UX/UI, business analysts, product owners, mobile app development, front & back-end development, quality assurance, and DevOps.
Staff augmentation:
delivery pods available to embed within client teams, managed by the client.
TRANSACTION EXPECTATIONS
This company is seeking to be acquired by a strategic investor while the ownership team exits the business after a transition period. The management team and employees are willing to stay with the acquiring company to grow the firm, maintaining sales, operations, and marketing capabilities. Cash is preferred at close, but alternative deal structures may be considered.
About Revenue Rocket and the process for Project Firestreak
For more than two decades, Revenue Rocket has been dedicated to assisting IT service companies in both selling their business and expanding through mergers and acquisitions. As experts in the field, we understand what it takes for businesses in this rapidly evolving tech services industry to succeed. Because each company has unique needs and goals, we offer a customized program tailored to your firm’s specific requirements.
Look at our current deals to get a sense of the esteemed businesses we currently represent.
If Project Firestreak is of interest to your firm, here’s how the process will begin:
First, we’ll schedule an introductory call with Revenue Rocket to understand your firm and M&A goals. Following this call, we will establish a non-disclosure agreement (NDA) to ensure that sensitive information remains secure. Once the NDA is in place, we will provide you with a confidential information memorandum (CIM) with more detailed information.
After sharing the CIM and learning more, we will also introduce you to the Project Firestreak leadership team through an introduction meeting, putting you in touch with the team responsible for making this project a reality.
With our extensive expertise and proven track record in the IT service industry, we are confident that we can help your firm achieve its goals and reach new heights of success. Please reach out today to get started.
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