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Biometric Products Company Investment Opportunity in Port of Spain, Trinidad and Tobago

Security and Biometric Technology development company, high quality software made for industry standard Biometric Hardware.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 147 thousand
Run Rate Sales USD 177 thousand
EBITDA Margin 40 %
Industries Biometric Products + 1 more
Locations  Port of Spain
Local Time 12:05 PM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.47 million for 30.0% stake (Native Currency: TTD 10,000,000)
Reason: Funds will be used for further technological work to access more raw products and storage for pre-ex... View More
Includes physical assets worth USD 74 thousand
Interested to connect with advisors
Documents
Business Overview
- We are a provider of biometric verification algorithm techniques, we developed a software for sensors and platforms, which owns patents of fingerprint, iris, face, vein and palm print recognition techniques etc. , and owns patents of computer vision techniques including facial recognition, identification of behaviours, X-ray object identification, and video structures.
- We provide for all sectors airports, automotive, Government, public sectors with unlimited market both regionally and locally.
- Our company is the first of its kind with augmented reality development.
- We also provide high security and professional biometric security development.
- Our business works on a contractual basis and the contract duration ranges from 6 months to 1 year.
- The business has one owner with a 100% stake in the company and no outstanding liabilities.
Products & Services Overview
Our services include software integration and development for self-service visitor registration and access control management.
Assets Overview
Physical assets include tech equipment (laptops, graphic boards, and servers), office space, server room and storage.
Facilities Overview
We have a rental four-story building in Cascade Port Of Spain, with 5 rooms and a kitchen, workshop and server room.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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