Database Managed Services Provider with Recurring Revenue Model

The company is a database managed services provider, offering database consulting in addition to remote database management.

Key Aspects

• From 2021 to 2022, the company experienced a 27.5% increase in overall revenue

• The company has achieved historically high gross profit margins, averaging 95.3% from 2019 to 2022

• Growing recurring revenue segment through its remote database management services

• Developed use of its proprietary software, utilized by all of the company’s clients

• Client retention rate of over 95%

• Manages thousands of databases worldwide

Opportunities

• Complete the introduction of the company’s proprietary software as a stand-alone software-as-a-service (SaaS)

• Expand the company’s affiliations with hardware vendors, and capitalize on the flow of clients it offers

• Capitalize on the industry trend to outsource database management services

• Adopt new technology to take advantage of the rapidly changing data industry

Headquartered

• Southeast US

Current Markets

• The company primarily serves clients in the industries of healthcare finance, manufacturing, information technology, and software. Clients are located worldwide, with a focus on North America, Europe, and South America.

Real Estate

• The company operates out of a 1,750 sq. ft. office space, owned by an unrelated third party. There is room to grow at the current location.