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.
REMOVED – Under Agreement
RETURNED TO LIST – BUYER FAILED TO CLOSE. Established Western Canadian MSP generating ~C$700K in annual revenue (majority recurring) and ~C$300K in EBITDA from ~30 managed and ~20 active break fix customers with some on premise work. Customers are all on one-year auto renew contracts. Two employees and some subcontractors who are all expected to stay with the new owner. BMS Kasaya, Atera, ITGlue & Quickbooks. Seller is relocating but is willing to support buyer post close. Preapproval required.
REMOVED – Under Agreement
Canadian based Linux hoster with annualized revenue of ~$250K. 50% pay via PayPal, 47% via Credit card and 3% Bitcoin. cPanel, DirectAdmin, WHMCS, Blesta, Stripe, ResellerClub. Leased equipment in third party DCs in Canada, UK, Asia and Australia with varying terms. Vendor contracts must be assumed.
REMOVED – Has decided not to sell at this time
UPDATED – North American MSP, cloud hoster and application developer with LTM revenue of ~$1.9m and profits of ~$400k. Operates a cloud platform (~50% of revenue) and provides professional services focused on services that run on top of their cloud platform. Principal would consider staying on if desired. Pre-approval required.
REMOVED – Under Agreement
W Canadian MSP with revenues of ~$850k and a profit margin in 2021 of ~25%. Services include managed services, virtualization, disaster recovery, VMware, security systems, and server and storage solutions. SMB customers. Support provided remotely.
REMOVED – Under Agreement
FinTech startup with annual revenues of more than $250k/y and net operating income margins of more than 50%. Company focuses on automation for Banks and Credit Unions with multiple clients in the US and Canada. Principal product are proprietary automation scripts within nearly 20 different categories of functions within a financial institution. Underlying technology largely uses SmartBear Software.
REMOVED. Under agreement
Western Canadian based MSP generating CAD $583K in 2020 from 37 customers – 55% is recurring and $164K in SDE. All customers on a min of 1 year contracts. Customers are in a variety of industries. Autotask/Datto for RMM/PSA/Backup & using Quickbooks online. Seller is exiting the managed services business but willing to support a buyer post close.
REMOVED – Has decided not to sell.
Western Canadian MSP with a national footprint and customer base and 2020 fiscal year revenue of ~$1.2M CAD from 28 customers. ~74% is recurring revenue and 2020 EBITDA is~$366K CAD. Customers are mostly healthcare and hospitality (not significantly impacted by Covid). All managed services customers are contract with a little project work. Seller is using Quickbooks online and ITGlue. RMM & PSA tools by Connectwise. Seller is looking to exit the managed services space.