Services - Computer & Software | Services - Health, Medical & Dental

Asking Price	Not Disclosed	Inventory
Gross Income	$1,694,084	Real Estate
Cash Flow	Not Disclosed	Year Established	1999
FF&E	N/A	Employees	11

* included in the asking price

** not included in the asking price

Two of the most dynamic growth sectors in the marketplace healthcare and software! This rapidly growing firm is a healthcare IT Company and value added reseller (VAR) representing one of GE Healthcare's fastest growing and most profitable product lines. The company has an exclusive license to represent GE Healthcare in a five-state region; implementing and supporting the GE Electronic Medical Record (EMR) and Practice Management (PM) Software suites for small to mid-sized practices of 7 physicians or less which represents over 70% of all physicians practicing in the U.S. In addition to selling into the most explosive growth areas in Healthcare IT, the company assists medical practices in designing, developing and maintaining their network infrastructures to operate the GE EMR and PM software within their clinics including both in-house and ASP services. Revenues have gone from approximately 1MM in 2006 to 1.7MM in 2007 and management projects doing 2.5MM in 2008. About 30% of revenues are recurring as the company contracts the majority of its clients to a five-year, non-cancelable support and maintenance term. The company is owned by small team of physicians/investors; most of whom prefer to maintain investment in the future growth of company. But for personal reasons one of the Managing Members has need to liquidate some or all of his shares in the business. Moreover, the business would benefit greatly from an additional infusion of capital to fully take advantage of the opportunities that exist in the market. Therefore, owners will consider a partial or 100% sale to a qualified buyer. Current Management is willing to stay on-board in their current or modified roles to further the company s dynamic growth. To receive a confidential memorandum on this company, please complete the PDF attachment below and email to tim@kruseacquisitions.com

Attachments: Download additional information (PDF)

Facilities: Locations in ND, SD, IA, IL,& NB; Primary office could be anywhere in or around the five state midwest region/territory.

Financing: Owners will consider ongoing equity or debt position

Support/Training: The two majority owners/managers are willing to stay on in their current or modified roles.