Project Antares
Acquire a $14M US Digital Transformation Firm with Nearshore Service Capabilities
Project Antares is a unique opportunity to acquire a leading Custom Application Development Firm with $14M in revenue and $2M in adjusted EBITDA for sale by its ownership group.
KEY STATS:
81 Delivery personnel with 40+ Nearshore employees • 97% Repeat Revenue • $2M 2024 EBITDA
Acquire an expert in custom app dev with a US HQ and US Delivery teams supported by nearshore centers
Key investment criteria include:
Excellent custom app development expertise
- Collaborative development teams offering consulting, project management, data, cloud, custom app dev, integration, and DevOps services
- Full-service teams across software strategy, architecture, implementation, and full software development lifecycle
- Strong AWS partnership and investment in AWS
Strong maturity in execution
- Tenured development teams
- High-performing management & leadership teams
- Teams built for growth and development
Nearshore & LatAm Delivery expertise with demonstrated proven delivery
- Development teams in Mexico and Colombia with over 40 nearshore resources
- Specialized global engagement managers bridge US and nearshore gaps
Consistent revenue and profit generation
- 25 years of developing high-functioning development teams
- Consistent 15% EBITDA margins, reinvesting profits into growth potential
Satisfied customers return annually
- 97% of revenue is from repeat customers
- The company is viewed as a strategic advantage for customers
Selling in for the next stage of growth
- Seeking sales & marketing expertise to achieve enhanced growth
- Staff built to absorb new projects; mature delivery teams can double without additional investment potential
Access to state and federal government contracts
- Access to state contracts in the state of Ohio
- Federal Contracts through the General Services Administration
- History of compliance working with government entities
TRANSACTION EXPECTATIONS
This is an opportunity to acquire Project Antares in a debt-free/cash-free transaction. The ownership team willing to continue with the acquiring firm and roll equity to ensure the firm’s growth and profitability.
KEY BUSINESS LINES
Full stack custom application development: architecture, implementation, full software development lifecycle, and all support roles required throughout the end-to-end process of delivering successful projects.
High performance Teams as a Service: Nearshore & U.S. teams, agile & waterfall development, cloud & legacy application migration & support.
Consulting: Application portfolio rationalization, enterprise architecture, solution architecture, technical strategy, digital transformation, cloud shift, and DevOps.
Experts in product development, cloud development & deployment, marketing & CMS platforms, data platforms and frameworks.
REVENUE AND ADJUSTED EBITDA
About Revenue Rocket and the process for Project Antares
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 Antares 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 Antares 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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