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IT Services Business Investment Opportunity in Dubai, United Arab Emirates

Company based in Dubai is a leading Oracle partner for cloud ERP solutions.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 650 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 20 %
Industries IT Services
Locations  Dubai
Local Time 10:38 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.4 million for 70.0% stake (Native Currency: AED 5,000,000)
Reason: To grow our business in international markets - taking in more clients outside GCC, and for product ... View More
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
Business Overview

- An IT consultation and implementation business based in Dubai, UAE.

- We are Oracle partners and help implement a software called NetSuite for our clients.

- Working on a commission basis with Oracle for every software implemented.

- We also provide technical support and software development services for the NetSuite platform.

- Currently have 100 clients - 30 from UAE, 40 from KSA and 30 from other GCC countries.

- Physical assets include office setup, computers and furniture.

- Founders currently hold 30% stake in the company. Our existing investors hold 70%. Looking to replace these investors with new investors, as they are looking to cash out their equity.

Products & Services Overview

- Oracle NetSuite implementation.

- Development of applications with Oracle NetSuite.

- Technical support and consultation.

Facilities Overview

2,300 Sq. Ft. rented office in Dubai.

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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