Eastern Canadian cybersecurity firm with annual revenues of ~$819K (~40% recurring.) Managed security services include: endpoint detection and response, managed network threat detection and response, 24/7 cyber threat event monitoring and log management, dark web monitoring, network and security assessment, cyber threat intelligence and next-generation firewall management. Operates their own $1M SOC. All customers Canadian. Business and team are fully bilingual, serving customers in French and English. Team is willing to stay on. Owner prefers merging with a larger firm and staying on board, but will consider selling the company.
REMOVED – Has decided not to sell
RETURNED TO LIST, BUYER FAILED TO CLOSE – UPDATED – Eastern Canadian hoster spinning out and selling VMware VPS customers. Annualized revenue ~$94k USD. All customers hosted in the Canada. Most customers are SMBs, almost all are on Linux. <10% adult customers. All billing is in USD using WHMCS. The seller wants to focus on their shared hosting business. This is a spinout and sale of customers so there are no financials.
REMOVED – Under Agreement
Established Western Canadian MSP with 2023 revenues projected at ~CAD$6m and EBITDA of ~CAD$500k with recurring revenue from licensing, printing and services. Most of the revenue comes from hardware and licensing sales. 9 employees willing to stay on and owner is willing to stay depending on the offer.
REMOVED – Has decided not to sell
Western Canadian MSP with trailing twelve month (TTM) revenue of CAD$2.7M as of June 2023 and EBTIDA of CAD$531K. Revenue breakdown: Managed IT Services (12%), consulting, cyber security and data protection (31%), VOIP, internet installation and hosting (14%), equipment and software sales (30%), and other (13%). ~50% of revenue is recurring. Customers are on annual contracts. Employees are expected to transition to buyer. Owners are looking to pursue other interests however they are willing to stay on for up a year to provide transition support.
REMOVED – Under agreement
Eastern Canada web hoster with ~$222k of annualized revenue primarily from cloud VMs and shared hosting. Has ~100 VMs generating ~$150k/year. 80% of customers in Canada, 15% in USA, 5% other. Using HostBill and cPanel/WHM. 50% Linux, 50% Windows. Has two contractors. Seller is looking to get out of the hosting industry.
REMOVED – No longer available
Hoster looking to spin off four bare metal, high IP usage customers with 165 servers and ~$172k/y in total revenue. Requires ~155x/24s. Transaction works best for buyer with excess IPs. Seller may consider a migration based transaction.
UPDATED – eCommerce platform and services business located in the Pacific Northwest with ~$2.4m in revenue (TTM), ~$605k net income, and ~29%+ growth YoY. Services include web hosting, site builder, domains, email marketing tools, and interactive website tools. Also offers marketing services such as web design/development, SEO, and advertising campaigns. Customer base: 75% personal/SOHO, 25% SMBs, with 60% located in the USA. Site builder competes with SquareSpace, Wix, and Weebly in terms of user experience and features. Strong growth in marketing services. Seller looking to focus on other business.
REMOVED – Under Agreement
Established Canadian MSP with 2022 revenues of ~$2.6m, approximately 53% of which is recurring, and Adjusted EBITDA of ~$0.2m. Revenue breakdown is approximately 50% recurring support, 30% hardware resale and 20% additional/professional services. The company’s 135 SMB customers are regionally concentrated.
REMOVED – Under Agreement
Eastern Canadian cloud services provider with 2023 forecasted revenue of ~CAD$950k (~USD 700k) focused on disaster recovery for the construction industry and services customers located in both Canada and US remotely. Customers are MTM. Seller owns the equipment located in their owned 300 sq ft data center. Seller would be willing to lease the data center with 3000 kw of power included if needed. Seller is looking to retire.
REMOVED – Process on Hold
Canadian VOIP provider with annual revenues of approximately C$500k. The Company provides telephone, internet and security systems and services to businesses. Owner is looking to retire but happy to remain with the business for a limited time period to help with the transition.