Sold. Acquisition Opportunity - Industrial Automation And It Services

An innovative company specialising in industrial automation and IT services, including Manufacturing Execution and Enterprise Management Systems, ERP systems and IT outsourcing. Based in the Middle East, the Company has a proven history of sales across the region.
Its solutions and services are highly specialised, encompassing a range of advanced technologies, IT solutions and services to major clients, including ERP systems and IT outsourcing.
Its extensive experience in Consultancy, Design and Engineering enables the Company to deliver highly integrated systems, specialised services and IT systems in addition to supporting clients through outsourced resources and services.
The business has an established client base that includes many world-leading companies in the energy, oil and gas, water and chemicals industries.
As an approved supplier to these companies, the Company enjoys a high repeat business rate of c70% and has a strong pipeline of future projects.
Highlights
• IT and automation solutions and services that capitalise on cloud and big data platforms using analytics and artificial intelligence.
• Rapidly growing outsourcing services to major clients
• International client base of major global brands
• Rich experience in the Power, Water, Chemical, Manufacturing, Oil & Gas and Construction industries
• Significant Intellectual Property
• Highly skilled technical team with extensive industry experience
• Well established in the Middle East with an international sales channel
• Consistent profit with good levels of liquidity and healthy cash flow
• Significant opportunity for growth
Financials
• Draft 2016 Turnover $4.32M
• Draft 2016 Adj. EBITDA $427K
• Draft 2016 Net Assets $2.97M