Need help?

BPO Investment Opportunity in Bangalore, India

Bangalore based firm offering billing services to 20+ healthcare service providers in the US.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 820 thousand
EBITDA Margin 20 - 30 %
Industries Healthcare Services + 1 more
Locations  Bangalore
Local Time 3:46 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 880 thousand for 60.0% stake (Native Currency: INR 75,000,000)
Reason: We are looking for strategic investors with capabilities to expand sales & marketing in North Americ... View More
Includes physical assets worth USD 5.8 thousand
Interested to connect with advisors
Documents
Business Overview
- Offer billing services to individual physicians, groups of physicians, hospitals, DME companies, medical insurance, and other medical billing companies across the USA.
- Handle all aspects of the healthcare revenue cycle and insurance processes.
- Have over 20 clients who regularly outsource to us.
- All operations are run from our office in Bangalore.
- We have 72 billable resources, the remaining 8 employees are management and support staff.
- At present, we have outsourced marketing activities to a third party.
- Revenue had fallen last year, but it has registered an uptick since the last 6 months. Hence, there is a sizeable difference between our reported and run rate sales.
- Promoters have several years of experience running technology and operations heavy business, and come from a strong academic background, being alumni of the London School of Economics & Political Science.
- One of the promoters is based out of UK and handles the strategic aspects of the business, the other is based out of Bangalore and handles all the other operations.
- We are comfortable with a majority stake sale as we intend to help older investors exit and would not prefer raising debt to finance their exit.
Products & Services Overview
Billing services for - individual physicians, groups of physicians, hospitals, DME companies, medical insurance, and medical billing companies across the USA.
Assets Overview
Business assets list would be given on demand.
Facilities Overview
We are located in a tech park near electronic city, Bangalore. We occupy 3,000 sq. ft. of a fully furnished rental office. The monthly lease rent is INR 3.8 lakh.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more