Acquisition Opportunity
Enterprise Document
Viewing and Conversion Software Company
 |
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Superior
Reputation: Company has been providing
document viewing and conversion software for over 25 years and have more than
300 Fortune 2000 and OEM Clients including most to US and World Banks, the
majority of the top Shipping Companies, as well as the top medical records and insurance companies
both in the US and Europe.
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Great
Customer Diversity: Company
currently serves global clients in Banking, Insurance, Government, Healthcare,
Shipping, Document Management and more. The top 7 customers comprise 23% of
total revenues.
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Long Term
Client Relationships: Their top
7 customers have been with them in size order: #1 25 years, #2 15 years, #3 20
years, #4 17 years, #5 15 years, #6 20 years, and #7 10 years. Their superior
client support and ease of use of their solution enhances client productivity
resulting in a very sticky client with dependable revenue.
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Great
Opportunity to Leverage Blue Chip Client Base: Company serves a very desirable customer base of hundreds
of large enterprises and large OEMs allowing great cross-sell benefit to some
strategic buyers in the document repository, enterprise content management,
digital asset management or other adjacent markets..
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Long-Term
Skilled Employee Base: Company has
several key support and engineering personnel with over 15 years of company
experience. Clients value the experience and high level of enterprise support.
●
Deep
Engineering Strength: The
Company's code base and libraries are developed and maintained in-house.
Expertise in Java on Unix, Windows platforms. Integrated with all of the major
document repositories and Enterprise Content Management platforms.
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Significant
Growth Potential: Company's
business has experienced a significant increase as we emerge from the Covid
pandemic. Corporate emphasis on cloud-based infrastructure services and digital
transformation solutions is
accelerating. Company is expanding relationships with partners including
Alfresco/Hyland Pega IBM (FileNet & ICN) and others.
