SOLD

Enormous Fintech Opportunity

Loyalty marketing product operating in 11 countries, now in New Zealand!
The technical integration is in place with local trials ready to start.
This is an opportunity with a total addressable market of $100M, a target capture of 15% over 4 years with net profit margins around 40%.
This could suit a HNI who wishes to be passively involved, as some highly successful business professionals have expressed interest in joining the NZ team. Or an entrepreneurial CEO who has the skills to identify and build a strong leadership team, drive the value proposition, identify merchant groups, franchisees and other potential partnerships options and negotiate agreements.
The exit for investor would be either through a buy back of the local shares by the regional entity or global entity over a 4-year period horizon at 6+ x EBIT, IPO or sale.
Investment required is $1.2M in tranches to be applied to the working capital of the business in return for 25.2% of the shares.
SOLD Oct 18 plus GST
Computer/IT 
Listing ID DV10468

Price

SOLD Oct 18

Elaine Ford

Managing Director & Corporate Broker
Licensed under the REAA 2008

Divest Business Sales

B:HIVE
Smales Farm
Takapuna 0622
Auckland
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