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Sports innovator seeks growth capital

For sale #103987 - Available since December 13, 2021

Company history/background

Focus and reaction speed

The sports innovator in question has developed high-tech training systems – including wearables – which significantly improve the focus, accuracy, and reaction speed of an athlete (professionals and amateurs).

This technology, developed and patented in the Netherlands, ensures that the individual improvement curve continues to develop; with normal training, this would not lead to results, or would do so much more slowly.

Company activities

Multi-sport functionality

The technology is applied in basketball, volleyball, handball, tennis, football, netball, and field hockey.

Multiple professional clubs worldwide use the technology.

The company currently sees no competitors in the international market.

Unique selling points

Also in healthcare

The wearable and sensor technology can also be applied in (sports) rehabilitation programs; including for specific eye conditions, after surgery for sports injuries, and for foot and hand coordination issues.

There is significant interest in collaboration from the healthcare sector, and a validation process for (injury) recovery and rehabilitation has been initiated.

Other

Growth capital sought

The team is seeking investors willing to invest in the 2021 production of the 1-series (the 0-series has been produced, introduced, and is well received). The products are sold as complete sets or as stand-alone wearables.

The total capital requirement amounts to 400,000 euros. A management buy-in is definitely a possibility, provided a relevant (international) network in the sports world is available.

Personal data

Region
Netherlands
Sector
IT service
Type of company
Software development
Legal entity
Limited Company
Type of transaction
To be determined
Life phase enterprise
Growing
Employees in FTE
5 - 10
Type of buyer
  • MBI candidate
  • Strategic acquisition
  • Investor

Financial information

Turnover last financial year
Confidential
Asking price
€ 250.000 - € 500.000
Earnings before taxes
Confidential

Interested or more information?

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Sports innovator zoekt groeikapitaal
Netherlands

Profile number: 103987

Date added: December 13, 2021

Sector: IT service


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Sports innovator zoekt groeikapitaal
Netherlands

Profile number:
103987

Date added:
December 13, 2021

Sector:
IT service

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