Annual Revenue: $1,300,000
Net Cash Flow: $680,000
This business has been sold. If you are interested in selling your online education business please contact us.
This Software Company provides a professional skill or competency development SaaS system that identifies skill gaps and provides personalized learning to close them. They are organized into two business segments: (1) Software as a Service (SaaS)Business, which offers cloud-based software that enables organizations to upskill and reskill employees, and related services, such as the creation of competency models and competency-based learning. (2) Staffing Business, which offers project management solutions. The SaaS business consistently generates over $1mn in annual revenue, achieved an 8%+compounded annual growth rate from 2013 through 2019, and has a new business pipeline worth over $650k for the next two quarters. The owners, wanting to retire, are seeking to sell either both or only the SaaS business to an acquirer that can leverage its software capabilities to capture a share of the ~$240bn Corporate Learning and Development (L&D) market and the increasing organizational importance of learning to survival.