Enterprise innovation and UX agency with clients in energy and AI
This is an Austin, Texas (with a presence in Amsterdam and Japan) based digital product agency that works exclusively in the energy industry and excels at Marketing, Product Strategy and User experience.
100% of their client contracts are retained ranging from $30k all the way up to $2.0m+ and include renowned B2B brands such as Shell, Haliburton, EOG, Constellation and NTT.
The company employs 10 people full-time and an additional 15 freelancers.
Recent projects include Governance of program management for Data companies and new drone technologies.
Key Figures
Status:
Sold
Asking Price:
$2,500,000
Revenue:
$1,800,000
EBITDA:
$375,000
EBITDA Multiple:
6.00x
Year Established:
2019
Location:
Texas, USA
Revenue (USD)
EBITDA (USD)
Revenue Source (%)
Retainer: 75.00%
Project: 25.00%
Service Source (%)
UX Design: 50%
Research: 30%
Others: 20%
Client Profile (%)
B2B: 0.00%
B2C: 100.00%
Industries Served (%)
Oil & Gas: 50%
Utilities: 30%
Emerging Tech and AI: 20%
Additional Information
Satellite offices in Amsterdam, The Netherlands and Tokyo, Japan
Expertise in renewables, nuclear, utilities and AI.
The owners are looking to expand their offering and client base through a sale process. They are keen to remain within the business.
The Process
1
Sign NDA
Thank you for signing our NDA, we're excited to share this information with you!
2
Review Materials
We'll share marketing materials about the seller's business for your review
3
Meet Our Team
We'll be speaking with potential buyers (you included) on behalf of our sellers to answer questions, discuss the fit and outline the process
4
Meet the Seller
We're here to introduce our sellers to potential buyers. These calls are an open format for buyers to ask questions about the business and for sellers to familiarise themselves with the potential buyer and the cultural fit for their team
5
Submit an LOI
Taking this opportunity to the next step, a buyer shares their proposed transaction structure and it is shared with the seller.
6
Due Diligence
The selected buyer now has access for a full analysis of the sellers' business to finalise the transaction.
7
Closing
All agreements are signed and funds are transferred. Congratulations!