The company is developing and implementing smart software to analyze data of new and existing buildings and providing advice on how to improve the working environment, taking an innovative approach with the intelligent use of collective data and the facilitation of efficient collaboration between users and suppliers.

Key acquisition considerations
The proven software solution, based on modern web technology, combines ease of use with a sophisticated rich data set containing building data, addresses the growing need of improving the working environment for human beings as well addressing upcoming requirements in the real estate market to implement ESG guidelines. Almost no other suppliers deliver this functionality with the same strengths and depths as the target in a strong growing market. Large companies are already onboarded which provides solid proof of completeness of functionality.

Sophisticated software and rich data set
Knowing the impact of the environment within a building on people's well-being, the target wants to contribute to improving the working and living environment for as many people as possible, by providing improvement advice via a SaaS solution together with a rich ever expanding environmental database. The software is easy to use for all actors in this space like architects, manufacturers, consultants and resellers as well as a solution for the end-user and thereby adding to the human need for pleasure in work and domestic comfort. The company would like to sell 100% of the shares to a strategic partner to execute their growth plans.

High growth numbers are possible
The target is operating in the B2B environment vertical which addresses all actors in the building interior market starting in the Netherlands but with European and even global ambitions. The total addressable market is over € 111 million in EMEA. With a moderate growth plan it’s possible to grow to an ARR level of over € 2.2 million by end of 2026 with limited investments and a profitable outcome in each year. Detailed business plans are built. After releasing the software mid 2022, already several large customers signed up. Among them are major, internationally operating organizations.

The background
Current owner is experienced in working environments and IT and has developed (with a small team) the software and the related data set and is ready to scale. Proof of concept is delivered, however in order to address this growth opportunity he would like to land in an IT organization with development, support and sales and marketing capacity instead of building such organization by himself. Depending on the proceeds the owner is willing to become part of the new owners organization and contribute in achieving the growth ambitions using his knowledge and network.