Not sure it is an odd requirement. What these companies are looking for is a stable ARR to buy for less (see Charles email) and a growing potential. We were contacted by about four holding companies from the US and Canada.
ITschak Mugzach *|** IronSphere Platform* *|* *Information Security Continuous Monitoring for z/OS, x/Linux & IBM I **| z/VM coming soon * nbsp; *|* On Fri, Jan 31, 2025 at 8:47 PM Phil Smith III <[email protected]> wrote: > Wildass guess: because it means the ownership and $ are thus simpler? > You're less likely to have to deal with a half-dozen-plus VCs, each of whom > thought this was a 100x company and now wants to make at least 10x. > > I agree, it's an odd requirement! > > -----Original Message----- > From: IBM Mainframe Discussion List <[email protected]> On Behalf > Of Schmitt, Michael > Sent: Friday, January 31, 2025 1:43 PM > To: [email protected] > Subject: Re: Izzi Software acquires ColeSoft > > The Izzi Software website (https://izzisoftware.com) says: > > "Izzi is interested in companies with a history of providing both > innovative solutions and excellent service. We’re seeking founder-led or > founder-owned organizations with less than $10M annual recurring revenue > who have great products and loyal customers we can invest in to grow." > > Why does founder-led or owned make a difference as to whether a company is > a good acquisition? > > > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, send email > to [email protected] with the message: INFO IBM-MAIN > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
