Listing ID : 426170
Posted on January 2, 2024 6
The Software Development and Engineering Company is a limited liability company and was incorporated in January 2018, by the founders and current owners in the southeastern United States (exact location provided is the advisor’s location, not the business location). The company provides comprehensive services that focus on offline programming, project management, commissioning, maintenance, and production support for industrial automation in the automotive industry. Clients include Mercedes Benz, FFT, EBZ, Dalian Auto, and BWM among many others.
The company is projected to reach $8M in revenue in 2023 with nearly $2.4M in adjusted EBITDA and has demonstrated steady growth throughout its history. Its customized solutions and local relationships are an important competitive advantage that is difficult to replicate.
Under new leadership, the company could expand geographically (domestically and internationally) using both internal full-time labor and outsourced contracted labor following the company’s current model at a larger scale.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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