Staffing Company Investment Opportunity in Chennai, India

Tech services and recruitment firm (Permanent and Contract Staffing) is looking for a strategic investor.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 130 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
7:48 PM Madurai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 100 thousand for 70.0% stake (Native Currency: INR 7,500,000)
Reason: The business intends to expand into Bangalore and Hyderabad. Would prefer an investor with prior exp... View More
Includes physical assets worth USD 6.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Offer technical staffing solutions to IT clients across Chennai.

- Offer both permanent staffing and contract staffing solution.

- Primarily place candidates at the developer level.

- Under the contract staffing vertical, we maintain employees on our own payroll and at present have 25 such employees.

- Currently work with 8 IT services clients who we have signed staffing contracts with.

- We also provide manpower and staffing solutions for the automotive, logistics, FMCG, and manufacturing sector but this is a minor source of revenue.

- Promoter has over 10 years of industry expertise.

- Seeking to sell a majority stake to an investor with background and experience in the staffing industry who is willing to run the business and leverage their network to expand operations.

Products & Services Overview

IT technical staffing (both permanent and contract). Also provide manpower and staffing services for the automotive, logistics, FMCG, and manufacturing sector.

Facilities Overview
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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