Description:

The company is a boutique software design and development agency focusing on nearshore staff augmentation from Central and South America. The company’s development personnel specialize in Ruby on Rails, React, and Node.js platforms. The company is also a globally recognized web real-time communications (WebRTC) integrator.

Key Aspects:

The company’s revenue and gross profit (GP) grew at compound annual growth rates (CAGRs) of 52.4% and 24.0%, respectively, from 2020 through the trailing-twelve-months (TTM) ending May 31, 2023
Average adjusted EBITDA margin of 8.4% from 2020 through 2022
Revenue grew 3.7% from 2022 through the TTM ending May 31, 2023
The company’s personnel are located across the globe
Select personnel are trained to develop WebRTC applications

Opportunities:

Expand artificial intelligence (AI) integrations for conversational AIs, chatbots, and large language models (LLMs)
Develop remote work readiness assessments
Expand managed service contracts with current and new clients
Launch an Amazon Chime SDK starter kit
Expand services to additional international clients

Headquartered:

Mid-Atlantic, US & Central America

Current Markets:

The company primarily serves clients in the logistics, educational technology (EdTech), broadcasting, healthcare, and scientific industries throughout the US and internationally.

Real Estate:

The company operates from 1,415 sq. ft. and 1,700 sq. ft. facilities in the US and Central America, respectively. Each facility is leased from an unrelated third party, and the company is relocatable.

Shareholder Ownership:

Ownership includes a trust, a foundation, and two shareholders. The owners are seeking a complete exit but are willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

IT Staff Augmentation & WebRTC Developer – BN000048177

IT Staff Augmentation & WebRTC Developer – BN000048177

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