BB061734About Harsh's Profile & Investment Preferences
Harsh is an intermediary from Indore with 12 years of experiences in Accounting & Taxation, Chemical Manufacturing and cloud services. Harsh is looking to invest on behalf of the client in Software Development, Service & Support and IT (Other) in Ahmedabad, Bangalore, Chennai and others.
PROFESSIONAL PROFILE
Founder from Indore
Areas of Experience :
12 years of experience in Accounting & Taxation, Chemical Manufacturing, cloud services, Information Technology
PREFERENCES
Transaction Deal
type:
Buy
Invest
Franchise
Distribution
Interested For:
For some client
Preferred
Industry
Preferred
Location
Investment Budget :
Up to INR 25.00 Cr
Investment Rationale :
Strategic Acquisition / Expansion
OTHER DETAILS ABOUT INVESTOR
Acquired / Invested in
other business in last 5 years :
Yes
Source of Financing :
Own Funding
The client is a rapidly growing global software services company building customized business solutions for its enterprise clients in the US, Europe, and the Middle East. It is a public company traded on the National Stock Exchange of India. The company aims to surpass $45mn in revenue and a team size of 1500 professionals in the next 12 months.
Client’s core offerings are:
â— Digital Transformation through improved UX, automation, AI/ML, data management and analytics.
â— Product Engineering over full product lifecycle from product strategy to design to MVP to enterprise-grade development and ongoing sustenance
Client’s vertical domain expertise is in the following industries:
â— Financial Services
â— Media and Publishing
â— Technology
In line with their vision of growing fast but sustainably, Client is actively pursuing right services companies to acquire and integrate into its business.
The purpose of such acquisitions will be:
â— To expand our client base in the US and Europe
â— To expand our offerings/services portfolio for clients
â— To deepen our existing competencies
o Salesforce
o ServiceNow
o UIPath
â— To add new competencies
o Technology - such as Artificial Intelligence, Cloud, etc.
o Functional - such as manufacturing, supply chain, CSM, etc.
o Platform - such as WorkDay, IBM Watson, etc.
Target pre-requisites
1) Enterprise software services business
2) Company deriving the majority of its revenue from clients outside India
3) Revenue USD 8-15 million and profitable
4) Little or no offshore outsourcing
5) Little or no debt; no pending tax liability
6) No legal issues pending in the court of law
Acquisition pre-conditions
1) Currency of acquisition could be a combination of cash and equity.
2) Founders continue to work and gradually transition out in 1-3 years.
Exclude businesses whose core offering is
1) Enterprise mobility
2) Software products
3) SaaS
4) Marketplaces
5) Infrastructure services
Why Client?
â— High growth, profitable business, 51% revenue CAGR since inception
â— Professional management, high standards of corporate governance & work ethics
◠High on trust and long term relationships – 90% repeat business; 90% repeat team
Client’s core offerings are:
â— Digital Transformation through improved UX, automation, AI/ML, data management and analytics.
â— Product Engineering over full product lifecycle from product strategy to design to MVP to enterprise-grade development and ongoing sustenance
Client’s vertical domain expertise is in the following industries:
â— Financial Services
â— Media and Publishing
â— Technology
In line with their vision of growing fast but sustainably, Client is actively pursuing right services companies to acquire and integrate into its business.
The purpose of such acquisitions will be:
â— To expand our client base in the US and Europe
â— To expand our offerings/services portfolio for clients
â— To deepen our existing competencies
o Salesforce
o ServiceNow
o UIPath
â— To add new competencies
o Technology - such as Artificial Intelligence, Cloud, etc.
o Functional - such as manufacturing, supply chain, CSM, etc.
o Platform - such as WorkDay, IBM Watson, etc.
Target pre-requisites
1) Enterprise software services business
2) Company deriving the majority of its revenue from clients outside India
3) Revenue USD 8-15 million and profitable
4) Little or no offshore outsourcing
5) Little or no debt; no pending tax liability
6) No legal issues pending in the court of law
Acquisition pre-conditions
1) Currency of acquisition could be a combination of cash and equity.
2) Founders continue to work and gradually transition out in 1-3 years.
Exclude businesses whose core offering is
1) Enterprise mobility
2) Software products
3) SaaS
4) Marketplaces
5) Infrastructure services
Why Client?
â— High growth, profitable business, 51% revenue CAGR since inception
â— Professional management, high standards of corporate governance & work ethics
◠High on trust and long term relationships – 90% repeat business; 90% repeat team
RECENT ACTIVITY
Opportunities Checked
Opportunities Contacted
₹10 to ₹200 Cr
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