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CONFIDENTIAL SALE
FOR SALE
633495
158327 / Rightbiz
The company provides a powerful, industry-leading, software-led process safety management platform designed to reduce major accident hazards across both onshore and offshore assets.
All client revenue is secured through annual rolling software contracts and the company has recently secured an international client, which will assist with moving into global markets.
Our clients are now offering the company for sale to facilitate their retirement plans and support accelerated growth under the impetus of new ownership.
Key Highlights
- Holds all of the IP for the software, which provides actionable insights and proactive safety management with unique features.
- Client base spans the full spectrum of the oil and gas industry, from those acquiring new fields to those in the decommissioning phase.
- Substantial potential for growth and international deployment of the software through existing clients holding significant global footprints.
- Currently exploring partnerships with organisations that specialise in AI, as this will play a significant role in future software development.
- Already beginning to diversify into adjacent sectors, such as chemical, petrochemical, and aviation.
- Is currently engaged with a blue-chip organisation in the aviation sector for the integration of its software into the organisationās process safety portfolio.
Financial Highlights
- Turnover of circa Ā£500k achieved in YE24, with an EBITDA of Ā£100k.
- Pipeline in place worth Ā£1.59m, which, if won, will become annually recurring.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring Ā£1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring Ā£1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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