1487

REMOVED – Under Agreement

Midwest Hosting and Colocation Firm

UPDATED – Midwest hosting and colocation firm with ~$3.4M of annualized revenues: ~50% colo, ~25% unmanaged dedicated (mostly Linux) and ~25% VMWare Cloud. 30% EBITDA margin. Company owns its own IPs ~160K including a /17, some /18s and /19s. Seller is motivated to find a buyer of the IPs or business and ideally both but not necessarily to the same buyer. Some intellectual property. SMB customer base with an avg. tenure of 15 years in various industries. 80% of customers are US. Data center lease expires in late 2023.