VEX00856 – Workforce Skills Assessment Solution

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VEX00856 - Workforce Skills Assessment Solution Vexus Corporate Limited

VEX00856 - Workforce Skills Assessment Solution Vexus Corporate Limited
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VEX REF: VEX00856

ACTIVITIES: Workforce Skills Assessment Solution

LOCATION: United Kingdom

TURNOVER: circa £700,000 p.a. (FY 2017)

GROSS PROFIT: circa £605,000 p.a. (FY 2017)

Business Overview

Vexus is exclusively retained to find a buyer for this workforce skills assessment business. Our client has developed a unique software-based system to provide online staff assessment and analysis for strategic, customer facing executives.  For over 10 years our client has provided a solution that supports the hiring and assessment of corporate workforce skills. The software is used as both a training & development and hiring tool, allowing large corporates to highlight certain areas of their workforce that need attention. Highlighting these key areas and skills helps the business drive performance, optimise customer interaction and ultimately increase revenue.

Used by Corporates in over 60 countries worldwide

Our client’s solution is ‘sector agnostic’ and can be implemented into most businesses with a large workforce. The business has a long standing and loyal base of international blue-chip clients and has recently launched a product suitable for smaller businesses. Currently, the business undertakes limited marketing and the opportunity exists to substantially develop new business on an international scale with new clients managed directly or via its channel of ‘value added’ partners. Over its 10 year history, the business has created significant Intellectual Property which sits largely in internal systems, processes, content and technology. This level of intellectual property and goodwill offers protection for a new owner. 

Recognized by the British Institute for Learning and Development

Reason for Sale

Our client has built a solid business which is highly scalable and ready for the next phase of business growth. They believe the business would benefit from becoming part of a larger organization with the expertise and resources to take the opportunity to the next level and drive business growth.

Financial Summary

Year End December201520162017
Turnover £305,000£870,000£700,000
Gross Profit £145,000£330,000£605,000
Percentage48%38%86%

*These figures have been rounded off for confidentiality reasons.

The Opportunity

Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to other buyers with strong market or client synergies looking for a scalable ’bolt-on’ business opportunity.

  • Fully Proven, Successful Business Model
  • Significant Intellectual Property Rights
  • 10+ years of Goodwill & Reputation
  • Long Standing & Loyal Client Base
  • Profitable Business with Strong History
  • Established Brand & Reputation
  • Highly Scalable business
  • Ideal Bolt-on opportunity

Summary

This is a rare and low risk opportunity to acquire an established workforce skills assessment & analysis business. 100% of the business shares are available to a suitable buyer with the resources, experience and energy to drive this business forward to the next level. The vendor is happy to facilitate a mutually agreeable handover period.

Offers are invited for 100% of the shares in this business

The Next Steps

On completion of our non-disclosure agreement, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.

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