The custom software development company is looking for acquisition targets among other digital design and software development companies.
SEATTLE, May 18, 2022 /PRNewswire-PRWeb/ — Custom software development company, DEV.co, announces plans to acquire additional custom software development, IT staff and digital design agencies in the lower middle market. The company intends to make multiple acquisitions over the next 12 to 48 months.
“We actively seek target transactions from U.S.-based companies, with a focus on digital transformation companies,” said Nate Nead, CEO. “Our unique, remotely operated business model allows us to be nimble in our approach, but also scalable in how we source, onboard and manage newly acquired target companies. Until recently, our primary growth was the acquisition, we are now looking to scale our acquisitions in the coming months.”
The company seeks acquisition targets with a diverse customer base across United States and Canadawith a preference for profitable companies $1 million or more in EBITDA (earnings before interest, taxes, depreciation and amortization). Ideal target companies are those with deep expertise in a particular niche of the digital transformation process, including custom development in a specific area, software staffing support, web design or SEO and marketing. digital marketing.
“Our in-house teams are comfortable with all the components of running digital transformation businesses operated remotely,” says Nead. “We look forward to onboarding new targets quickly as we scale and continue to provide quality services to some of the most recognized online brands.”
Business owners wishing to exit their business are encouraged to contact the acquisition team. As savvy buyers, the DEV.co team can quickly assess the potential for an acquisition and make quick offers based on historical financial performance. “We intend to quickly embark on acquisition due diligence and reach an amicable settlement with each of our profitable target companies,” Nead said.
Nead, LLC (dba DEV.co) was established in 2008 as a general digital consulting firm. It has grown rapidly to encompass a number of key services to Fortune 500 and mid-market companies, including custom software development, custom website design/development, and IT staffing. The company has grown rapidly through acquisition, acquisition, scaling and even rebranding of various acquisition targets as it seeks to continue its growth. Previous acquisitions include SEO.co (formerly AudienceBloom) and pay-per-click management company PPC.co.
Nate NeadDEV.co, +1 (206) 438-9789, [email protected]