Sell a Tech Business
Selling your tech business during a boom period when there is high demand for technology businesses is one of the best decisions you can make as a business owner. It is a decision that will have profound significance on your financial future. When you feel the time has come to sell your tech business, ABBA Group are here to assist you with all aspects of the selling process. From preparing your business for sale, to advertising, right through to the signing of the final agreements, our experienced team of business brokers are with you every step of the way.
When it comes to selling a business, technology businesses are one of the most popular categories due to their fast growth rates.
Accordingly, technology businesses tend to sell much quicker than other industry businesses. The ABBA Group business sales team have a track record within this industry sector, and because of this we have specialised knowledge and extensive experience in selling technology businesses.
Our specialised knowledge and experience ensures that all your questions are answered correctly and with confidence, so that you can walk away from the experience reassured in your decisions.
The business sales team at ABBA group are experts at negotiating the best terms and optimal sales prices for our clients, allowing you peace of mind and the ability to move onto your next endeavour with confidence.
Why Choose ABBA Group?
A strategic business transaction demands an experienced team, a team of advisors you can rely on. A team with a track record that’s rock solid. A team that always has your best interests at heart.
As former senior sales executives with over 14 years experience in business brokerage, ABBA Group’s team of business sales agents know exactly how to secure you the best possible sale price – and the most favourable contract terms possible.
We work hard to form an in-depth understanding of your business and divestment goals, ensuring your most important asset delivers the exit strategy you deserve.
About Us
For over 20 years our industry leading business brokers have been at the centre of hundreds of business deals across Australia. Our track record has been consistent through all economic conditions and we are currently representing transactions with a combined total excess of $800 million.
When working with ABBA Group we invest the time to fully understand your position, objectives and options, and will match you with a broker that we know will be best suited to your business. You’re in safe hands with ABBA Group, as we always have your best interests at heart and will negotiate for you skillfully to help you achieve the financial goals you desire.
As tech businesses are one of our most popular business categories, we have the upper hand when it comes to assisting you with either selling a tech based business. Our specialised knowledge and experience ensures that all your questions are answered correctly and with confidence, so that you can walk away from the experience reassured in your decisions.
Trusted by thousands of business professionals.
Are you ready to get started preparing your business for sale?
Fill out the form below to speak confidentially with your local business broker at no-cost.
Specialising in Tech & SAAS Business Sales in NSW, VIC, & QLD.
Australia’s Leading Team of Business Brokers
· Anthony Papas
Founder & Managing Director
info@abbagroup.com.au
· Ingrid Postema
Business Advisor, Corporate Team
– Licensed Agent
ingridp@abbagroup.com.au
· Bruce Irvine
Executive Partner and
Head of Business Sales Team
brucei@abbagroup.com.au
What Our Customers Have To Say
FAQs
When it comes to technology, timing is everything. The right technology at the right time can be a game-changer, while the wrong technology at the wrong time can be a costly mistake. For tech businesses, this means that the timing of a sale is crucial. So when is the best time to sell a tech business?
Generally speaking, the best time to sell a tech business is when it has reached a mature stage in its development. This means that the technology is well-established and has a proven track record. The business should also have a solid customer base and a strong team in place. At this point, the business will be attractive to buyers who are looking for a stable investment. Sellers can expect to receive good offers from buyers who are confident in the future of the business.
Of course, there are always exceptions to the rule. In some cases, businesses may be able to realise a higher price by selling early, when the technology has been proven, sales are growing and the technology is ready to scale significantly. This can be risky, but it can also pay off if the technology takes off in a big way. For example, early movers in the social media space were able to cash in on the massive growth of this new industry.
Ultimately, there is no hard and fast rule for when to sell a tech business. The decision depends on many factors, including the technology itself, the stage of development of the business and market conditions. However, by considering all of these factors, sellers can maximise their chances of finding a buyer who is willing to pay top dollar for their business.
The tech industry is always changing, and businesses have to change with it. In order to stay competitive, businesses need to use the latest technologies. This can mean anything from a suite of software programs to subscription-based services. It all depends on the needs of the business. However, one thing is for sure: if a business wants to stay relevant, it needs to keep up with the latest tech industry trends. Only then will it be able to succeed in today’s fast-paced, tech-driven world.
When it comes to tech in business, there is currently some business technology that we simply can not live without. 99% of business employees in the tech industry have their own computer that is either networked or connected by the cloud, they use a complex suite of software most of this is run via a paid subscription service, think MYOB, HUBSPOT, SHOPIFY, etc.
Currently there is a massive opportunity to earn recurring income in the technology & software markets. More specifically, services such as B2B software, B2B services, D2C, AI, VR, Apps, IoT, cloud based, BI Solutions, SAP, Zoho. Also IT/Communications & Infrastructure businesses, and the ever so popular SAAS, PAAS and IAAS businesses. As with any technologically based business, the work you put in right now will be financially rewarding, and even more-so in the years to come.
The tech industry is always changing, and what were once the top 10 tech businesses may not be in the same spot a few years from now. However, some businesses have established themselves as leaders in the tech world. Software subscription services, for example, have become increasingly popular in recent years as people look for ways to access the latest and greatest software without having to pay for a full purchase. Cloud computing is another area where businesses have been able to make a big impact. By storing data and programs remotely, businesses can save money on physical infrastructure and make it easier for employees to access information from anywhere. VR and AR are also beginning to make a splash in the tech world, with businesses exploring ways to use these new technologies for training, marketing, and even product development. These are just a few of the businesses that are currently leading the way in the tech industry.
The answer is, it depends. If you have the best staff in the world and experts from every corner of the globe, then you may be able to get a higher price for your business. However, if your remote workers are not as skilled or experienced as you’d like, then it may negatively affect the sale price. Ultimately, it will come down to negotiation and finding the right buyer who values your business.
Selling time will normally vary depending on factors including business performance, the amount of recurring revenue, the tech stack underlying the business and how current it is, customer spread, scaleability and more. However, most of our deals will close within three to six months. Our primary objective is to introduce your business to a large pool of potential buyers within weeks of listing with ABBA. With our database of thousands of buyers, we immediately introduce you to potential buyers.
Highly Experienced Negotiators
Global Network Of Active Buyers
Industry Leading Results
The business sales team at ABBA group are experts at negotiating the best terms and optimal sales prices for our clients, allowing you peace of mind and the ability to move onto your next endeavour with confidence.
Are you a business professional looking for a more tailored experience?
Visit ABBA Group's corporate website at: www.abbagroup.com.au
Or call us on: 1300 064 944
We offer a custom and more tailored experience for corporate customers looking to divest multiple assets.