The company is a wholly owned brand that is currently up for sale to qualified buyers exclusively through Raincatcher. This well-established company of 12 years has a long-standing brand with good domain authority. Additionally, it was the first data recovery company to market online, software-based solutions. With over 140,000 customers, which includes some of the top brands in the world, the company, located in India, provides an ideal opportunity for a buyer to enjoy a predictable cash flow and rapid return on investment.
The global data recovery market is a $4.7 billion industry that is forecast to grow with a CAGR of 19.8% between 2016 and 2023. However, in the U.S., this industry has seen some decline in recent years as businesses and consumers favor technology like data backup and recovery software over physically repairing failed storage media. To address this market the company refocused the business to focus on tools and software to make this task easier, faster and more scalable.
The company is a global data recovery tools company that while has a wide range of IT and data recovery tools primarily focuses on Microsoft Exchange recovery, which is a massive market. As of July 2017, Microsoft Windows operating systems held 75.6 percent of the global market share of operating systems worldwide. Plus, Microsoft Exchange holds more than 78 percent of the market share for businesses with more than 25 seats across the U.S. and Europe. One of the reasons is that Microsoft Office 365 has made enterprise-grade platforms affordable for small to medium businesses (SMBs). So, while the industry in the US may see some decline, companies like this business, that have an international customer-base and can quickly adapt to change, are able to remain strong in the data recovery industry.
- A well-established company that provides proven tools to address common problems.
- Strong organic SEO and online brand for its niche.
- Large, customer base with potential to convert product offering to subscription model.
- Opportunity for strong margins.
- High web traffic site with over 140K customers.
The company is wholly owned by its founding partners. One of the partners is willing to stay on as a salaried employee if the new ownership would like. However, the remaining partners will exit the data recovery industry. The asking price is $4,000,000.
|Yrs In Business||12 Years||Terms||Negotiable|
|Employees||35 full time||Ownership||Founding Partners – 100%|
|Facilities||Office located in India||Reason for Sale||The directors are selling to focus
on a security & compliance business