IT Service Business Investment Opportunities in New Jersey

- Company provides digital transformation and digital experience consulting services to clients in multiple sectors including finance, healthcare, insurance, travel, and government agencies. - We are an OpenText CMS Certified company, and an authorized Adobe Solutions Partner and Drupal partner. - We service big brands across the US and our customers include Wyndham, Lenovo, Bank of America, and BCBS Iowa. Growth has been limited due to the number of projects we can take up at a given time due to a shortage of working capital. - We possess intellectual property in a $2B annual market, with significant 10x growth potential. - Manage a network of 250+ skilled resources using subcontracting, and all work is carried on-site at the customers' location by sub-contractors. - We are not a body shop and our projects have high-profit margins. - Profitable every year with sales ranging from USD 700k to $2.5M per year. - We have offshore partners in Hyderabad and Pune, India with the potential to quickly establish in India. However, the nature of our business is primarily consulting in the US and we currently have limited offshore needs - but this is changing.

- The IT company operates in the B2B and B2G sectors, generating revenue from both segments. - It holds the position of one of the preferred vendors for the Orissa government. - Currently catering to over 30 clients. - The company possesses expertise in a wide range of technology stacks, including SAP, open source, Oracle, Microsoft, and mobile application development. - Notably, it has significant growth potential, driven by strategic collaborations with the Indian and Abu Dhabi governments, as well as sponsorship from industry giants Amazon and Google. - International projects contribute significantly to its revenue, accounting for 55% of its income. - Currently, the company is actively involved in 7-8 projects, with 3 of them being government initiatives (Moparivar, TPCODL, and the Army). - In the realm of international projects, the company has developed an innovative system for calculating project ROI. - The company's operational model revolves around meeting client needs, encompassing website and app development as well as marketing services. - Employee numbers fluctuate based on project demands, ensuring flexibility and adaptability. - We received a government tender which increased our revenue significantly this year.