The company is a database managed services provider, offering database consulting in addition to remote database management.

Key Aspects

From 2020 to 2021, the company experienced a 7.4% increase in overall revenue
The company has achieved historically high gross profit margins, recording 93.8% during the trailing-twelve-months (TTM) ending June 30, 2022
Growing recurring revenue segment through its remote database management services
Developed use of its proprietary software, utilized by all of the company’s clients
Client retention rate of over 95%
15 new clients added in 2021
Manages thousands of databases worldwide
Knowledgeable and highly skilled employees

Opportunities

Complete the introduction of the company’s proprietary software as a stand-alone Software-as-a-Service (SaaS)
Expand the company’s relationships with hardware vendors, and capitalize on the flow of clients it offers
Capitalize on the industry trend to outsource database management services

Headquartered

Current Markets

The company primarily serves clients in the industries of healthcare finance, manufacturing, information technology, and software. Clients are located worldwide, with a focus on North America, Europe, and South America.

Real Estate

The company operates out of a 1,750 sq. ft. office space, owned by an unrelated third party. There is room to grow at the current location.

Shareholder Objectives

The company is owned by two shareholders. Both owners believe the company is in a position to expand and take advantage of the growth opportunities in the industry. One owner is seeking to retire, with the other willing to stay with the company under new ownership.

Benchmark International

Database Managed Services Provider with Recurring Revenue Model – BM003593