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Enterprise Software Company Investment Opportunity in Istanbul, Turkey

Seeking Investment: Company providing tailor made software solutions for higher education universities in European Union.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 80 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 20 - 30 %
Industries Enterprise Software
Locations  Istanbul
Local Time 4:58 AM Europe / Istanbul
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 110 thousand for 35.0% stake (Native Currency: TRY 3,500,000)
Reason: Investment is required for business expansion by targeting more universities who are looking to digi... View More
Includes physical assets worth USD 18 thousand
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Business Name
Not disclosed
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Business Overview

- Our company develops tailor made software solutions required by the management and students of higher education universities in the European Union and EMEA.

- We currently have 68 universities as our clients which include Istanbul University and Middle East Technical University. We provide them with maintenance and technical support for the software they purchase from us.

- Our business generates revenue through multiple channels: upfront fee paid by universities for building the software and installing in their database, recurring annual fee from technical and maintenance support along with additional developments in the software as per the universities' growing needs.

- The software rights and ownership are also transferred to the university.

- Our business experienced a high growth in revenue as we on-boarded more number of universities this year. The demand for our services has been increasing steadily.

Products & Services Overview

Our proprietary software solutions for students and management of universities include:

- Erasmus & mobility solution.

- Bilateral exchange solution.

- Accounting software.

- ERP and university planning software.

- Students learning portal.

- Education, management and evaluation portal for students.

- Portal for online teaching, modules and scientific research.

- Software solutions for data analysis and statistics.

Assets Overview

Physical assets include:

- Computers and printers.

- Company owned cars.

- Furniture and interior fittings.

- Hardware for data storage.

Facilities Overview

The company is running operations from a rented office spread across 800 sq. ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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