For Sale:
Standards and Regulations: Top Tier Reseller and Subscription SaaS Platform
Asking Price: $8,000,000
Description
Business Overview
This listing includes two established companies that have worked closely together for many years. One is a top tier standards reseller focused on custom specification (standards, regulations, codes) packages for a wide variety of large and small business customers. The other is a cloud platform product, a specification and feature delivery and document management system. Working in partnership with one another, their mission is to change the status quo of business as usual in the distribution and support of standards and regulatory information. Together they offer a buyer an extensive list of reseller contracts, subscription contracts, standards libraries and a mature cloud technology platform to scale the market with the right vision and business model behind it.
Market
Their current customer base includes organizations that produce or utilize standards, regulations, and codes: commercial, non-profit, governmental, defense departments and 100s of standards trade organizations.
Scale
There are no organizations today that do not utilize standards, regulations, and codes in some format. The standards industry is a $1.4B plus marketplace with millions of companies purchasing and subscribing to collections as are essential for their business. Acquiring this set of companies provides an entry point to quickly participate and leverage this marketplace.
Valuation
Having been focused on building its now well-established foundation, the business has not yet reached profitability. With its extensive contractual agreements, software technology as well as the market size and scalability, the combined companies offer a unique acquisition opportunity and the listing has valued/priced accordingly. The sellers are open to all serious offers that are based on industry comps and that are commensurate with the caliber of this business.
Financial Overview
| Gross Revenue | $1,581,590 |
|---|---|
| Cash Flow | $0 |
| Archive Date | 01-31-2021 |
| Status | Archived |
| Year Established | 2004 |
| Employees | 7 |
| Inventory | N/A |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Accounting |
| Location | USA, California (San Mateo) |
| Home Based Business | No |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
What the standards industry needs, and this set of companies offer, is an innovative yet powerful cloud platform that delivers premium services that are responsive to an existing organizations current and strategic business needs. The platform is also designed to aggregate any kind of data such as audio, video, training, advanced editing and viewing features, social media and software products. Such an approach breaks the simple status quo model of data management and greatly expands the potential marketplace for an organization that has a breakout vision.
Competition
Competitive advantages include free viewing access to public domain documents including US DoD and the US Federal Register. They also offer premium subscription products and services with integrated search across millions of documents.