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Enterprise Software Company Investment Opportunity in Kenya

Company into software development, enterprise applications, E-commerce, internet service (ISP) seeks investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.4 million
Run Rate Sales USD 1.4 million
EBITDA Margin 37 %
Industries Enterprise Software
Locations USA + 1 more
Local Time 8:01 PM Africa / Nairobi
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 60.0% stake (Native Currency: USD 500,000)
Reason: 1. Increase software products for the company. 2. Increase subscribers' geographical overage for IS... View More
Includes physical assets worth USD 830 thousand
Name, Phone, Email
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Business Name
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Documents
PaaS
SaaS
ISP
Software Company
Business Overview
- The company specializes in software development and enterprise applications, offering SaaS and PaaS solutions to businesses in the USA and Kenya.
- Their ISP service currently caters to 1000 subscribers, aiming to expand its base to 3500 by the first quarter with the help of strategic investment.
- They operate a TV station with an on-demand streaming platform, successfully attracting 15,000 subscribers, highlighting a strong presence in digital entertainment.
- The E-commerce platform hosts a diverse range of products and has already secured 5000 subscribers, showcasing its potential in the online retail sector.
- Their EdTech services, featuring various educational curriculums, are operational across East and Central Africa, indicating significant regional reach and impact in education technology.
- The multi-faceted business leverages its comprehensive service offerings, from e-commerce to EdTech, to generate substantial revenue streams through subscription models and service sales.
- With 35 employees, the company leverages its human resources to drive innovation in enterprise software and digital services, positioning itself as a dynamic player in the tech industry.
- Strategic investment is sought to accelerate subscriber growth for their ISP and enhance service delivery across all platforms, emphasizing the company's expansion mindset in competitive markets.
Products & Services Overview
1. Software development services.
2. Enterprise applications.
3. ISP.
4. TV station with on demand streaming platform.
5. E-Commerce platform hosting various products with subscribers.
6. EdTech hosting various curriculums and rolled out across East & Central Africa.
Assets Overview
Tangibles:
Office space.
Furniture and fittings.
Equipment & vehicle fleet.
These assets are worth USD 1.75 million and are being offered at a discounted valuation of USD 830k.
Intangibles: IP, brand, trademark, and content licenses.
Facilities Overview
Have studio and office spaces in Kenya, Uganda, Tanzania, Burundi, Malawi, Delaware (each country office approx. 1,500 sq. ft and most of them are rented)
Capitalization Overview
Business has debts and lines of credit.
Ownership: 2 Shareholders.
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Pune, Financial Consultant connected with the Business
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Contact Business
1 Investor contacted this Business this month. Register below to connect now!
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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