Functional Target Criteria:
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Software and/or Business Process Outsource (BPO) businesses
- Loyal customer base
- 250+ customers
- Technology platforms such as:
- Microsoft / Oracle / Progress
- Java / DB2 / Borland / Informix
- Access / Basic / Visual Basic / Unify / Pick and other platforms
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Application software:
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Primarily textual based
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Data entry, simple calculations, data retrieval, and display
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Mission Critical or augments to mission critical
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BPO businesses with software and outsource offerings and strong technology platforms
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On-Demand, Client Server or Mainframe based
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Business history greater than 8 years preferred but not mandatory
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Niche industries between $300 million and $5 billion in market size
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Products cater to Fortune 2000 or Small, Medium, Business (SMB) customers
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Small owner makeup of less than 4 principals/investors, however not mandatory
| Financial Target Criteria:
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$5M - $25M total revenue with consideration up to $50M
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Profitable -Will entertain losses depending upon condition of company and ability to move to profitability
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40% or greater recurring maintenance revenue stream
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Reasonable customer attrition
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Low levels of third party and hardware revenue
Geographic Preference:
Industry Targets:
- Manufacturing
- Healthcare
- Security
- Financial Services
- Retail
- Construction
- Compliance
- Business Services / Outsourcing
- Government
- Entertainment / Media
- Utilities
- Will entertain others
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