Business for sale
Project Compass
The Proposed Administrators are seeking parties interested in acquiring the trade and assets of a company that trades as a specialist provider of enterprise software solutions for complex IT estate migration and compliance. The Company's proprietary technology helps organisations migrate legacy applications to modern environments and cloud platforms, and provides IT estate visibility, validation and compliance reporting.
The transaction represents a strategic opportunity to acquire the trade and assets of Project Compass via a pre-packaged Administration sale, to be completed following the appointment of Administrators.
Key features:
- Enterprise software specialist – migration, auditing and compliance.
- Turnover of £6.9m for FYE 2025 (£7.3m FYE 2024; £7.2m FYE 2023).
- Turnover of £2.7m for the first 7 months of 2026 (YTD).
- Two core technologies: legacy application migration, and IT estate identification/validation.
- Tier-1 partner ecosystem: Microsoft, AWS, Azure, Google, HM Gov Cloud, Citrix and VMware.
- Long-standing, global blue-chip customer base spanning large enterprises and public-sector organisations.
- Patent and trademark portfolio.
- Highly experienced engineering and technical team.
- Global expertise supporting complex legacy application migration across any IT estate.
Opportunity:
Assets available for sale include:
- Goodwill, including the Company's website and brand.
- Proprietary software and technology.
- Patent and trademark portfolio.
- Customer contracts and order book.
Financial overview:
- £2.7m YTD 2026 Turnover (7 months).
- £6.9m FYE 2025 Turnover.
- £7.3m FYE 2024 Turnover.
- £7.2m FYE 2023 Turnover.
Offers:
This is an accelerated M&A opportunity. Interested parties are encouraged to undertake due diligence as a matter of priority. Prospective purchasers must have immediate access to funding and the ability to transact within an accelerated timeframe.
- Expressions of interest are required by Friday 18 September 2026.
- Best and final offers invited by: 17:00 hrs (BST) on Thursday 24 September 2026.
- All interested parties will be required to sign a non-disclosure agreement.
- Proof of funding is required.
For further information, please contact Graham Thomas directly:
Contact details:
Graham Thomas
Axia
Tel: 01277 312102
Email: graham.thomas@axiavs.co.uk
Forward
with purpose
Leonard Curtis is a trading style of Reach Commercial Finance Limited, registered at Leonard Curtis House, Elms Square, Bury New Road, Whitefield, M45 7TA. Company Register number is 09056450. Reach Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority, FRN: 753686. Reach Commercial Finance Limited is an authorised credit broker and not a lender. We work with an unrestricted number of lenders to find a potentially suitable arrangement for your consideration. ICO registration ZA069234 and you can check via www.ico.org.uk. We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission, percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey. Privacy notice.
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Leonard Curtis House, Elms Square, Bury New Road, Whitefield, M45 7TA. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.