For sale: Company active in IoT. Developing and manufacturing localization hardware and software
Projectnummer: NL 6.2505
The company develops and manufactures localization and asset track solutions based on RFID and BLE technology. Hardware and software are part of IoT solution. The company is a specialist in this area and has an excellent high-profile customer base in this market, amongst which main hospitals, aircraft maintenance facilities and similar large international corporations.
Reason for sale is that the company has established a solid foundation in both its product range, software solutions and customer base over its existence and has built a strong internal organization over the past two years. However, the current shareholders are unable to support the company’s capital growth needs. The organization is convinced it can considerably accelerate its current structure and customer base with increased funding.
The company is excellently suited to a strategic buyer looking for an addition to his/her existing portfolio and broader opportunities for cross-selling. The company has an existing customer base, its own software solutions and its own hardware product range with a high gross margin. A significant proportion of the turnover is recurring and therefore offers a sound fixed basis. The software base has the potential to accelerate the recurring turnover from the software.
Revenue 2022 amounted to € 1.000.000
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