A small software company that offers specialised software to care homes. This could be a good acquisition for an existing company that already services care homes or that already provides software to the medical industry.
The company has been providing a digitised solution to care homes for Patient management since 2018.
They are based in in the South West but have 135 clients operating 200 care homes with an additional c. 150 single occupant sites spanning the UK from Plymouth to Lincolnshire.
In 2024 the company had a turnover of c.£270k with sustainable EBITDA of c. 42.4% (including add-backs).
The company can be run completely virtually with support staff working from home.
Monthly recurring revenues with 12 and 36 months renewable contracts and a high retention rate.
Proprietary software is available on Android, Tablets and on a web browser.
Software is run on a LAMP stack (Linux, Apache, MySQL and Php), the component software platforms are open source.
