Thu, 08 Jun 2017 | BUSINESS SALE
AppInstitute, a Nottingham-based software as a service company, has completed the acquisition of counterpart Appsme in a deal that will almost double its global customer base.
The company was founded in 2011 and has a high-profile customer base including PayPal, John Lewis, L'Oréal and Nissan.
Online mobile app builder Appsme was founded in 2014 and has so far delivered more than 200,000 apps to app stores and small businesses, as well as working closely with leading handset manufacturers globally.
Appsme chief executive Nick Barnett was happy with the move, saying he was "delighted that AppInstitute has chosen to acquire Appsme's customers.
"AppInstitute has a great product and will bring a number of new features to Appsme’s existing feature list.
Personally, I feel there will emerge a handful of global leaders in the SME app-building space, and this acquisition helps cement AppInstitute’s place as number one."
AppInstitute chief executive and founder, Ian Naylor, added: "This acquisition shows our intent to establish AppInstitute as the global market leader in the low-code mobile app building space.
"With this acquisition, we’re able to bolster thousands of businesses in one fell swoop, which is personally extremely gratifying and validates the scalability of our business."
Find technology businesses for sale here
Subscribe to Business Sale Report here
The company specialises in the sale, installation, servicing, maintenance and repair of air conditioning and refrigeration systems, offering comprehensive solutions catered to the specific requirements of its clients’ properties.
Through its dedicated divisions, the group provides broker services for automotive finance and leasing, working with private individuals and fleet owners throughout the UK.
This e-commerce platform offers a unique opportunity with its high-profit, low-overhead model, leveraging dropshipping and an outsourced workforce to serve a diverse national B2B and B2C client base.
Looking for more businesses? Try our off-market tool.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.