It Staffing Recruitment Company Looking for Merger / Acquisition

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Listing IDBK002187 Ticket Size25-50 Crore Last Year TurnoverINR 37.51 Crore Verification Status Verified
  • It Staffing Recruitment Company Looking for Merger / Acquisition

Business Details

It is one of the fastest growing HR solutions company. The private limited company was started in 2002 which is headquartered in Chennai. It is also awarded by TCS and CTS, certified ISO 9001 2008 and is even awarded by HCL and Wipro. There are around 150 -200 professional associated with the company. The company has its expertise in IMS, ITIL and SAP resourcing. Today the company is an approved subcontractor & placement services partner to Tier-1 SEI CMM level 5 companies. Currently, it has offices in key IT hub of Chennai, Bengaluru, and Hyderabad. It is also expanding its global operations in Singapore and Australia. It provides its services in Contingent staffing, talent sourcing, managed services and recruitment process outsourcing to fortune 1000 companies. It has employed more than 9,000+ candidates till date and employed 3600+ employees in last two years. The company serves some of the reputed and well-known companies generating 65% of the revenue. The company is looking to expand the business in Malaysia , the USA, and other locations as well as also have the plans to become a global player with a focus on contingent staffing and recruitment process outsourcing. Seeking growth capital inorder to scale up the Singapore operations and also scaling and restructuring of Indian operations.
They are also open for complete exit wherein the asking price will be around 6 times of the future EBITDA for 2016- 2017.
EBITDA - 2014: INR 4.46 Cr; 2015: INR 4.53 Cr; 2016: INR 5.80 Cr.; 2017: INR 7.69 Cr. PAT - 2014: INR 2.22 Cr; 2015: INR 2.29 Cr; 2016: INR 3.19 Cr; 2017: 3.38 Cr.
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Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views2334 Last Active2+ months ago
IndustryBusiness Consultancy LocationChennai
Entity typePrivate Limited Started in 2002
Transaction TypeFull Sale
All Options
Raise Funds (via debt)
Raise Funds (via equity)
Part-Exit (non core/under performing)
Reasonlooking for strategy business partner

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Verification of the listing does not imply that Asking price reflects the valuation of the business

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