Project Deacon
COMPANY OVERVIEW
Project Deacon is an opportunity to acquire a growing, profitable cloud-hosting firm focused on the dental practice market with over 80% recurring revenue.
There has never been a better time to grow through an acquisition.
KEY CONSIDERATIONS
Profitable Growing Operations with Recurring Cloud Revenue
- 20% growth rate and forecasted 15-20% growth rates
- 27% 3-year EBITDA Margins
- 74% revenue from cloud-recurring offerings
- 3,000+ users of a DaaS Cloud used in 27 states
Sharp Focus on Dental Market
- Products built specifically for virtually centralizing information within dental offices
- Strong partnerships with dental software providers, including Dentrix Enterprise & Open Dental
- Strong clientele focused on expanding offices and locations nationally, increasing organic revenue that’s recession-resistant due to healthcare space
Strong Intellectual Property and Industry Expertise
- Internal auditing tools to streamline operations
- Built rapid deployment tools for service delivery
Experts in Vertically Integrating On-Premises Applications to a Truly Single Cloud Environment
- Hybrid cloud offerings and expertise
- Complete integrations include Email, Practice Management, Imaging, Insurance Verification, Patient Marketing, Accounting, Human Resources Applications
- Strong Microsoft partnership as a Qualified Multi-Tenant Hosting company
Current Growth has been Built with Minimal Customer Acquisition
- Opportunity to invest in sales & marketing resources as current Growth is referral-based
- Large opportunity in oral health market and expansion targeting Dental Service Organizations (DSO)
- Average DSO contributes over $300,000 in annual revenue
Strong Customer base with excellent customer service
- 98% of revenue from Return and New Customers
- Account & support teams dedicated to customer success
TRANSACTION EXPECTATIONS
This company seeks to be acquired by a strategic or financial investor while the founder exits the business. The management team, lead operators, technical managers and employees are willing to stay with the acquiring company to maintain and grow sales and operations capabilities. Cash is preferred at the close of the transaction, but alternative deal structures may be considered.
COMPANY SERVICE LINES
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