Family owned Southeastern MSP established in the mid 90’s with a projected 2019 revenue of $1,252,358 & EBITDA of $495,825. 94% monthly recurring revenue at 59% margins & growing at 14% per year servicing 220+ clients and over 2,500 end-users. Largest customer represents 9% of revenue. Company provides telecommunications services for data, voice, cloud and owns and operates a fiber optic and fixed wireless broadband network hosting its own cloud services and voice services in its own small data center. Services include:
- Connectivity: fiber-based connections, technical support, nationwide connections.
- Phone: Hosted PBX, local and long-distance phone service, VoIP fax lines, UCAAS, Internet service, private WAN services, cloud-based phone systems.
- Cloud/IT: virtual desktops/apps, work from any device/location, custom business solutions, IT maintenance and support.
- Data services offered by the company accounts for 36% of the revenue, voice services contribute another 36% of the revenue and 28% of the revenue comes from Cloud services which are relevantly new.