Expressions of interest are being invited to acquire a highly profitable IT consulting and software development business in the utility industry. Business is specialised in utility control systems, data analytics, big data and infrastructure integration.
Since foundation, the Company has developed a reputation in the market as a provider of high-quality services in its segment.
Business highlights:
- Established brand with over 28 years history.
- Specialises in control systems, analytics, big data and system integration.
- Rich industry experience in the Utility industry.
- Access to highly skilled team, recurring revenue and long term customers.
- Highly scalable with average EBITDA margin of 45% from last five years and FY202 turnover over $1.6 million.
The business generates strong cash flow and is highly profitable. With additional marketing resources, there is huge growth potential in the Australia utility market.