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IT Services Company Seeking Loan in Paris, France

International IT services company with clients across 4 continents seeks an investor from Europe/MENA region.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 4 - 5 million
Run Rate Sales USD 5 million
EBITDA Margin 9 %
Industries IT Services
Locations  Paris
Local Time 9:29 AM Europe / Paris
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.1 million for 8.0% annual interest, 5 years (Native Currency: EUR 1,000,000)
Reason: - International expansion. - Marketing. - Salesforce. - Technical staff recruitment and staffing ... View More
Collateral Available: USD 0
Includes physical assets worth USD 110 thousand
Interested to connect with advisors
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Business Overview

- More than 30 customers with recurring revenue.

- Most important customers are from France like KPMG, BNP Paribas, and InfoPro.

- We have also forayed into MENA markets and have institutions like the Qatar Media Corporation as our clients.

- Revenue growth from EUR 2.9M to EUR 3.9M in one year.

- Microsoft Gold Partner.

- Creation Integration Partner.

- Nintex Partner.

- Insidjam ERP partner.

Products & Services Overview

IT advisory.

Business process design.

Application integration (CRM, ERP, BPM)

Application development.

Application testing.

IT infrastructure and DevOps.

Cyber security.

UX/UI.

Assets Overview

Tangible assets.

- Cars in Tunisia worth EUR 40,000.

- Laptops and IT appliances for all offices worth EUR 10,000.

- All furniture for Tunisia, France, Algeria, and Morocco offices worth EUR 50,000.

Facilities Overview

25 sqm in Paris, France + flexible office spaces.

700 sqm in Tunis, Tunisia for service delivery center.

35 sqm in Algiers, Algeria + flexible office space.

Flexible office space in Morocco.

Flexible office space in Qatar.

20sqm in Philippines + flex.

All the locations are leased but we own the office assets.

Capitalization Overview

47.5% with the founder, 47.5% with a co-founder, and 4% with our global sales director.

EUR 320k in remaining loans to pay (EUR 230k in PGE France and EUR 90k in crowdfunding)

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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