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"existing company" is a correct and commonly used phrase in written English.
You can use it to refer to a company that currently exists and is operational. Example: The existing company has been in business for over 50 years, making it one of the oldest in the industry.
Exact(57)
After all, the thinking goes, an entrepreneur is buying into an existing company and opening an outlet where none exists.
Outsiders, even those who buy an existing company, tend to fail.
"I think it's important for me to challenge the existing company with new roles.
They're not trying to shift an existing company or segment a specific niche.
Acquiring an existing company has lower risks than starting your own business.
An integrated business can leverage existing company assets in ways that a separate unit cannot.
The pursuit of entrepreneurship, either independently or within an existing company, is not for everyone.
Applications based on IP Broker can be easily integrated into already existing company sites or portal sites.
Similar(3)
In this context, potential users are concerned about the depreciation of existing systems, which will no longer be required or compatible with the existing company-internal solutions.
This paper shows that Cone, Feldman and DaSilva's four guiding principles to develop a cause-branding relationship can also be used to evaluate an existing company-NGO partnership.
You might be able to patent the new technology and then license it to an existing company--a relatively cheap approach.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com