Number of employees: 10
Location: West Midlands
The company is a leading data migration and integration provider with more than 10 years experience in providing solutions to long standing clients in health and social care, local governments and SMEs throughout the UK.
The company boasts an immaculate track record of successfully delivered solutions to clients such as the NHS and some of the largest health care and pharma companies in the UK and has led the migration of 100s of organisations from large number of disparate systems onto one cloud-based single instance solution.
The company’s revenue is generated across ongoing service contracts, renewable product licences and major product sales.
The company has achieved a turnover of £1.2M and EBITDA of c. £700k in FY19, on track to reach a turnover of £2.4M with £1.2M in EBITDA in YE20.
The company is on a continuing growth path across all revenue streams (cloud migration, integration managed service, EPR data migration, product and consultancy). Given the market size and untapped demand for the company’s cloud migration and integration services, significant investments have been made in this area and it is anticipated that a significant proportion of the revenue will be generated from these two key revenue streams.
The company is equally and wholly privately owned between the two founding directors with the three key members of the leadership team retaining circa 20% between them of the organisation’s value in share options. It is envisaged that these three individuals would remain with the organisation long term and become the leaders of the business once the directors step out of the organisation.