This tech company has developed a state-of-the-art software logistics platform that is set to transform the roadside assistance industry. Drawing inspiration from the success of ride-hailing giants and powered by advanced software, this platform partners with leading motor clubs to connect stranded motorists with the nearest vetted tow-truck operator within a 5-to-10-mile radius. Both customers and partners receive real-time updates via the mobile app, available for both Android and iOS. As a result, stranded drivers experience reduced wait times, while tow truck operators benefit from lower fuel consumption and minimized idle time, optimizing efficiency for all parties involved.
Launched in 2021, this innovative SaaS-enabled marketplace is currently operating in 77 U.S. markets, with ambitious plans for expansion into over 300 prime markets, as well as future growth into Canada. Despite its relatively limited market penetration, this company has already achieved arrival times 68% faster than the industry average and boasts an impressive Net Promoter Score of 88. With a strong foundation in place, the business is well-positioned for substantial growth. The right buyer can capitalize on its existing infrastructure, cutting-edge technology, and strategic partnerships to accelerate success on a much larger scale.
This tech company is now available for sale to facilitate its next phase of growth under new ownership. A prospective buyer with the right resources and vision will have a unique opportunity to scale the business and drive increased profitability. Since the current owner is not involved in the day-to-day operations, the transition will be seamless, allowing the new owner to step in and focus on expanding the business with minimal disruption.
Interested in getting the CIM and owner's video interview? Simply fill out the form here on Biz Buy Sell to get our NDA emailed to you. After completing the NDA, you will receive an email with a link to the CIM and video (please allow 5 minutes for your NDA to be processed and the email containing the CIM to be sent). Don’t forget to check your spam or junk folder. If you still haven’t received an email, please contact us at info@sigmamergers.com.
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