It Staffing Recruitment Company Looking for Merger / Acquisition
Product / Service
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.
Watch Video Clip for this Listing.
Reason
looking for strategy business partner
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works