Education Assessment Software Developer

Description:
The Company develops, sells, and services assessment applications for testing organizations in the education, certification, and licensure market segments, utilizing highly skilled in-house software developers.

Key Aspects:
• The Company averaged approximately $9.3 million in annual revenue from 2021 to 2023
• Average adjusted EBITDA margin of 16.0% from 2021 to 2023
• Experienced approximately 70% client growth in 2023, according to management
• In-house, highly experienced software development team capable of working in any industry
• The Company boasts rapid scalability to meet client demands, ensuring flexibility in operations
• The Company provides a broad and evolving portfolio of products and services, constantly innovating to meet market demands

Opportunities:
• Capitalize on the Company’s artificial intelligence (AI) breakthroughs and wield its technology for dynamic preparatory testing
• Continue organic growth in the medical licensure and certification industries
• Leverage the capabilities of the Company's in-house software development team to win new projects and drive growth
• Capitalize on the recent product releases, which management notes will attract clients to its service offerings

Headquartered:
• Northeast, US

Current Markets:
• The Company serves the assessment development and delivery market for education, certification, and licensure organizations throughout the US.

Real Estate:
• The Company operates primarily remotely.

Shareholder Ownership:
• The Company is equally owned by two shareholders who are seeking retirement. The shareholders are open to remaining with the Company for a transitionary period following a sale to ensure a smooth transition to new ownership.