100% Reoccurring Revenue Model – Sticky & Growing
An exciting opportunity is available to acquire a company in the Health, Safety and Workforce space with 100% reoccurring revenue and over 300 enterprise-level clients, and growing tremendously year over year.
The target is a SaaS Software, Application and Web-based platform. The company has a large marketplace of workforce software and apps. The online portals that bring in leads for the system rank Page 1 in Major Search Engines for all industry-leading keywords, making this a highly sought after business given its unpaid marketing power.
The flagship product is an Online Induction tool, offered with a monthly or yearly subscription, which enables companies to onboard clients into their company using any method they deem appropriate. Online Induction is now a standard in the industry, and the target company’s platform replaces archaic, manual systems with a customized approach to each client’s needs. Clients typically use the Induction tool as a platform to publish their existing content online, collect information from their inductees, present check lists, documentation for download, videos and other important materials, test the knowledge of the inductee through online assessments, and issue induction cards.
In addition to induction, the company operates in a number of segments that assist in workplace software and apps, as follows:
Online Induction
Incident Reports
Mobilization
eLearning Management
Hazard Reporting
Risk Management
Maintenance Software
Work Permit
Contract Management
Injury Management
Access-Management
Health Safety System
Rostering System
The founders have scaled this business tremendously since inception and are prepared to exit the business at this time (although they are open to provide a period of consultation if need be). 2014 was a solid year for the company and the contracts that have already been signed for 2015 are far in excess of previous years. This growth is expected to continue.
This is an amazing opportunity to acquire a SaaS Internet Company selling proprietary, industry-leading, sticky products that are in high demand – all with reoccurring revenue.
