FE International is pleased to present a market-leading B2B SaaS business in the coding and recruitment niche with a history of bootstrapped meteoric growth.
Launched in 2013, the business has grown to become the industry-leading platform used for technical interviews when hiring developers. With unrivaled functionality, the business allows its users to accurately evaluate an applicant's coding capabilities in a practical environment.
As demand for programmers continues to climb recruiters have traditionally relied on ineffective whiteboard tests to gauge a candidate's technical skills. The business was quick to identify a clear market gap and provide an effective solution that allows recruiters to simulate a live programming environment for technical interviews.
The business has onboarded a stellar client roster consisting of multiple Fortune 500 and Nasdaq Emerging Cloud Index clients. With a highly-rated product and clear value proposition, revenues have reached a c.94.2% CAGR for the period 2016 to 2018 while maintaining high margins and generating strong cash flows to invest in growth.
The business presents a rare acquisition opportunity for a new owner looking to take over a market-leading B2B SaaS business with a clear value proposition, unparalleled track record of success, and a long list of noteworthy clients.
* Revenue and profit figures are on a forward looking 12-month basis.
Sale Pending: No
First Seen: Mon, Jun 17th 2019
Last Updated: Wed, Aug 28th 2019