Profile number 102149

Project MINERVA

22/10/2020 Date added

Located in

Antwerpen

Also interesting for this region (s)

All of the country

General information

Sector

IT service

Type of company

IT services

Legal entity

Firm

Type of transaction

Shares

Life phase enterprise

Full-grown

Employees in FTE

25 - 50

Type of buyer

  • MBI candidate
  • Strategic acquisition
  • Investor


Financial information

Turnover last financial year

€ 2.500.000 - € 5.000.000

Asking price

€ 500.000 - € 1.000.000

Earnings before taxes

€ 0 - € 100.000


Company history/background

A family business founded in 1985.

The company is managed by the second generation, willing to continue support during a transition period.

10 salary office employees and 35 field operators (paid per hour)

High liability of our customers.

Our versatile warehouse offers scalable solutions for support projects.

ISO and VCA certified


Company activities

MINERVA: a very stable and innovative business with multiple entry points.

·  Cleaning services (CS: 53%): In- and external cleaning of hardware (computers, screens, phones),

but also ATM’s, sever rooms (incl racks), 3-D printers…

·  Hardware support services (HSS: 27%): roll-out and IMACD (install, move, add, change and dispose) of technical equipment.

·  Product sales (PROD: 20%): selling specialized (private label) cleaning products for the ICT environment  (card-readers, ATM’s), antimicrobial keyboards and mice, devices for disinfecting smartphones and tablets, software to create mobile apps for infield registration.


Unique selling points

Efficiency-focused innovative organization with focus on quality

We have developed our own detailed cleaning procedures, organize in-house specialized training and do quality controls in the field to double check and improve our services. All this is incorporated in our ISO9001 and VCA certifications. Our operators are not only selected on geographical location, but also following our competence matrix.

 

Key Growth Perspectives


Other

This specialized market only has a small number of players, most of them do not have our scale advantage (field operators geographically spread over Belgium). Most clients like to incorporate us in their processes of IT-change, roll-outs and inventories. This allows us to develop and evolve driven by market demand. We notice this increased demand for hardware services compensates largely for the stagnating or slightly decreasing cleaning services. For one particular brand of high-tech products we have the exclusive rights for Belgium, France and Luxembourg.

 

Shareholders are looking for a strategic partner that can build on their successes, increase the potentials and keep the team strong.


Photos
Project MINERVA
Region
Antwerpen
Sector
IT service
Type
For sale
Turnover
2.500.000 - 5.000.000
Overname
500.000 - 1.000.000