Enterprise ERP to eCommerce Connectivity Platform
This technology company has built an impressive recurring revenue business model providing connectivity to enterprise ERP applications. The focus of the firm is using a SaaS-based product to connect ERP backends to eCommerce front ends primarily for the retail and restaurant vertical.
This is a highly scalable platform currently supporting over $5billion worth of annual transaction volumes for its base of over 500 active subscribers.
Highlights of this business include:
|2017||2018||2019||2020 (Jan – Sep)|
Majority shareholder wants to retire.
25 full time employees located in California. 2 owners working full time.
This business continues to run and bring on additional new customers during Covid-19. Management believes any growth in eCommerce will benefit this business long term. In the short term, Covid-19 has caused some timing issues and minor additional expenses. These timing issues include marketing and legal expenses prepaid, for which the execution has been delayed.
All serious offers from qualified buyers will be considered. A full CIM is available under NDA to qualified buyers. Financial statements, tax returns and supporting documentation will also be provided at the appropriate time. Seller is committed to a successful transition of ownership.
This company has contracted exclusively with David Jacobs of Link Business Silicon Valley. David cooperates with buy side brokers.