Human Capital Management Solutions Company


R 18 000 000

Financial Information

Detailed financials available on request

This company is a strategic software provider to business, providing both Enterprise and Cloud based Human Capital Management & Payroll Solutions via Cloud, Hosted or on Premises. The concept began in 2004 with extensive research and software development of the Enterprise HR & Payroll Solution using Open Source (OSS). They later completed development of Cloud SME offering and now offer custom 'best of breed' software solutions placing them ahead of more established industry players. Starting initially as a software development house, the company only commenced software sales in 2008. Now past break-even they have experienced steady growth and by FY 2015, generated R3.2m in revenues. Their projected revenue growth opportunity over the next five years, even with their limited marketing and distribution capability, is in the region of R 68m. The owners have spent the last 12 years in developing the software are more developers than marketers and wishes for a change in lifestyle. They are open to an investment of at least 70% in the business, and remaining on for a negotiated period in any capacity agreed upon, or to an outright purchase and serving as consultants to the business as required. This is an ideal opportunity for either a company with improved BEE status, or extensive distribution channels, to take the fully developed enterprise and SMME management solutions to market in a more meaningful way by expanding sales reach to increase revenues and profitability. Price excludes VAT if applicable. Contact listing broker for more information. Ref: 14506 Timestamp: 20171101054601