Profile number 72648
16/06/2020 Date added
Located in
The Netherlands
Also interesting for this region (s)
All of the country
Sector
IT service
Type of company
IT Hardware
Legal entity
Foreign legal entity
Type of transaction
Shares
Life phase enterprise
Starting
Employees in FTE
10 - 25
Type of buyer
Turnover last financial year
> 5.000.000
Asking price
To be agreed
Earnings before taxes
€ 500.000 - € 1.000.000
The company was established in 2001 as a “Besloten Vennootschap” (limited company according to Dutch law). The Head Office is strategically located in The Netherlands and has its own (rented) state-of-the-art logistics center, offering significant stocks and superb service levels to customers. Next to The Netherlands, a second Sales Office is located in London. In 2019 the company has 15 employees, of which 9 in The Netherlands and 6 in the UK.
Strategic and / or private investors are offered a unique chance to purchase the shares of a rapidly growing international wholesale distributor, offering branded OEM computer consumables and data-storage products to resellers, across Europe and beyond, focusing on Germany and the Benelux-countries. The company does not sell to end users.
Relevant competitive advantages include multilingual sales specialists with in depth product knowledge as well as a procurement team with significant industry experience.
The well-known reputation of the company is widely respected in the market and allows it to carefully select its clients.
During the past 10 years the company has always shown a substantial volume in sales (> € 30 million) and EBITDA each year. An onerous contract with a large customer in 2016 has temporarily resulted in a decrease in sales and a write-down of the relevant claim by the company. Presently the account-management has been restored and the sales volumes and EBITDA figures are growing again, with the realistic potential to reach sales levels > € 50 million and EBITDA levels > € 1,5 million, including synergies that a strategic buyer will be able to realize.
The financial position of the company is excellent. Due to the nature of the business, the main assets of the company are inventory (average turnover approximately 36 days) and trade receivables (average approximately 30 days).The outstanding quality of its product- and client portfolio allows the company an advantageous and fitting factoring financing arrangement with a world class international bank.