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IT Consultancy Company Investment Opportunity in Riga, Latvia

IT consultancy company catering to 10 clients seeks investment.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 116 thousand
Run Rate Sales USD 128 thousand
EBITDA Margin 40 %
Industries IT Consultancy
Locations  Riga
Local Time 12:59 AM Europe / Riga
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 374 thousand for 80.0% stake (Native Currency: EUR 350,000)
Reason: Has extensive expertise in the EU project ecosystem. The company is working on several projects to c... View More
Includes physical assets worth USD 374 thousand
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Business Overview
- We write EU-funded projects.
- Currently catering to 10 clients.
- Combining a business perspective based on 20 years of deep industry expertise and symbiosis with industrial partners and scientific institutions, we solve challenging problems with a focus on sustainability and innovation.
- Our team members have been conducting research for numerous years in areas related to the design, management, and performance evaluation of high-speed telecommunication infrastructures and services, software engineering, and business process management.
Products & Services Overview
- 5G/6G-enabled cooperative mobility solutions and Vehicular-to-Everything (V2X) communications;
- Digital twin-based solution for industry 4.0 and 5G networks assisted with blockchain and cybersecurity technologies;
- Consultancy in writing the EU-funded proposals on 5G/6G, V2X, and Metaverse.
Assets Overview
A professional team of experts (25% of our staff are ranked as the top 2% of scientists in the world). Website, domain, license and office equipment, social network corporate profiles.
Facilities Overview
The office is located in the west of the city on a 20 sqm area. It is rented.
Capitalization Overview
- The company has three owners in a 40:20:40 shareholding split. 100% of the company is owned by individuals.
- No debts/loans in the company.
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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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