Cloud-Based Regulatory Management and Licensing Software Company
Off-MarketMinot, ND
Established Software Company Providing A Cloud-based Regulatory Management And Professional Licensing Platform To Government Agencies And Regulatory Boards. The Platform Supports Licensing Administration, Regulatory Workflows, Data Management, And Ongoing Customer Operations.
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$1,700,000
$400,000
23.5%
1997
Past 24h
Customers
The company serves government agencies and professional regulatory boards across industries including healthcare, pharmacy, social work, accounting, and engineering. Customers also include state departments, government commissions, and county-level agencies responsible for licensing and regulatory administration.
Customer Acquisition
The company has a dedicated sales and marketing executive responsible for supporting customer acquisition. The business uses AI-assisted tools to identify potential customer opportunities and buying signals. The team then conducts targeted outbound calls and email outreach to prospective customers.
Team
The company has approximately 17 employees and roughly three contractors, for a total team of just under 20 people.
Owner's Role
The owner remains actively involved in the company's overall management, strategic direction, sales support, product development, and operational oversight. He also leads the company's artificial intelligence initiatives and would ideally remain involved following a transaction to support continued growth.
Reason for Selling
The owner is considering either a full or partial sale of the company or a private-equity investment and recapitalization. His preferred outcome would allow him to take some capital off the table, reinvest that capital in other opportunities, retain an ownership interest in the company, and remain actively involved following the transaction.
Contracts
Yes. The owner reported that the company maintains numerous long-term customer contracts with government agencies and professional regulatory boards. Some customer relationships have reportedly lasted approximately 15–20 years. The exact percentage of revenue represented by these contracts was not provided.
Real Estate
Potentially. The business operates from an office facility in North Dakota. The owner indicated that the building could potentially be included in a transaction, depending on the buyer's preferences and the final deal structure.
When Are You Looking to Sell
Within the next 3-6 months
Licenses Required
No
Additional Notes
The company provides a cloud-based regulatory management and professional e-licensing platform to government agencies, commissions, departments, and professional regulatory boards. The software supports applications, renewals, license records, online payments, continuing education, inspections, disciplinary actions, case management, document management, reporting, and public-facing online services. According to the owner, the platform is deeply integrated into customers' daily regulatory operations, contributing to long-term customer relationships and limited customer turnover. Some customer relationships have reportedly continued for approximately 15–20 years. The business maintains a dedicated sales and marketing function and uses AI-assisted prospecting tools to identify potential customers and support outbound sales activities. The owner is open to a full sale, partial sale, or private-equity recapitalization, with a preference for retaining an ownership interest and remaining involved in the company's future growth.
Business ID: 2112
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