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Large Software Product Engineering Business In Inverness
Inverness, Highland, ScotlandIdentity protected
Available
About this business
A large software product engineering business in suburban Inverness, trading since 2018 from leased offices. It builds and runs software for clients in energy, finance and public services, with long engagements and dedicated teams. Turnover has fallen from £14.88m in 2021 to £12.1m, but EBITDA has held close to £2.2m, so margins have improved to about 18%. The business employs 123 people. A buyer gets a large engineering team and a profitable business, but should look closely at why revenue has declined. The asking price is £15.75m.
Key investment highlights
- EBITDA of £2.18m
- Team of 123
- Long client engagements
- Margin of about 18%
Reason for sale
The investors who own the business are selling as planned.
Read this before you enquire
MaterialRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionMaterial
Turnover is -18.7% against its 2021 peak.
- 2021: baseline
- 2022 (-2.1%)
- 2023 (-4.8%)
- 2024 (-4.5%)
- 2025 (-5.1%)
- 2026 (-3.7%)
- Peak 2021 to latest 2026: -18.7%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 14.9% in 2021 to 18.0% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.