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16 Y/O B2B Software Development Tools

26 August 2019 19 November 2019
  • Saas

Annual revenues

$271,000

Annual profit

$192,000

Multiplier

x 3.95

Asking price

$758,000

For sale is a trusted and authoritative B2B SaaS business in the code hosting niche with 16 years of history and low churn of just 1.5%.

Launched in 2003, the business has stood the test of time to become a reputable player in the code hosting space. The software offers global development teams a safe and secure code repository with extensive functionality such as bug tracking, automatic deployment, daily backups, and seamless third-party integrations.

The business has found market fit by targeting the 22.3 million software developers worldwide. Compatible with both Git and Subversion repository hosting, the software covers 95% of the code repository market, offering access to a large and steadily-expanding user base.

With 16 years of operating history, the business has serviced tens of thousands of development teams lifetime from across the globe, demonstrating clear market fit. With attractive SaaS metrics and strong margins, a new owner will have plenty of resources to invest in growth.

The business presents a great acquisition opportunity for a new owner looking to take over a well-built and reputable B2B SaaS business in the code hosting space. With a clear value proposition, incredibly sticky software, and steady cash flows, the business is primed to be taken to the next level under a new owner.

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