Mid-Atlantic US MSP with 2023 annualized revenue of ~$1.06m and adjusted EBITDA of ~$266k. ~55% of revenue is for recurring managed services. Long-term clients in professional services industries. Almost entirely Windows & MS 365 customer base. 2 full time employees. Using ConnectWise Manage & NinjaOne. Customers on annual contracts. Seller looking to pursue other business interests.
REMOVED – Offers received and seller deciding amongst them
Established, Washington DC area IT service and support business with revenues of ~1.0m and cash flow of $0.25m. The business specializes in providing computer network services, IT/technical support (onsite & remote), and cyber security solutions.
REMOVED – No longer looking for additional buyers
Western US, server focused MSP with projected 2024 revenues of $9m and adjusted EBITDA of $1.3m.~39% recurring. Revenues from managed services, ERP & hosting solutions and business consulting. Nationwide customer base. Growing. Top 3 customers account for 34% of revenues.
Established California IT service provider with an annual revenue of ~$700K (~$270K recurring from VOIP services and additional project revenue from cabling and other services) and SDE of ~$380K. Customers on month-to-month contracts. Seller is willing to stay on with the buyer for a period of 6 months to 2 years to ensure a smooth transition. Seller is moving out of the state.
REMOVED – Under agreement
Pittsburgh area MSP with stable, annual revenues of ~$1.0m and cash flow of $180k. Provides MSP services, IT security and backup. Seller plus four part-time employees working remotely. Seller looking to retire
REMOVED – Under agreement
Established, Wisconsin area MSP with revenue of ~$2.5m and cash flow of ~$600k (plus real estate.) 13 employees. The two owners are looking to retire. Primarily educational, nonprofit and professional services segments. Five clients make up ~50% of 2023 revenue.
REMOVED – Nearing completion
Iowa managed IT services provider with LTM revenue of ~$1.9m and ~$0.5m of EBITDA. ~64% recurring. Customers are SMBs and under contract, with 90%+ of contracts multi-year. No concentrations. All clients in the same geography. IOI date is June 28th.
REMOVED – Seller has decided not to sell at this time
New York area MSP with projected 2024 revenue of ~$560K and gross profit of ~$267K. Company is a network integrator and managed service provider, providing design, build and integrated IT, network, IT consulting services, telecommunication (VoIP) & cell signal booster, helpdesk, staff augmentation, and cloud solutions. Annual maintenance contracts with MRR. Solid client base in the food and hospitality industry. The owner is retiring but will help in transition.
Texas based MSSP generating ~$1.8M in revenue and ~$900K in EBTIDA. No customer concentration but 70% of customers are in financial services and 20% in healthcare
REMOVED – Under agreement
Established, IT Managed Services business with revenue of ~$800k and adjusted EBITDA of ~$390k located in Idaho. ~60% recurring revenue, no revenue or industry concentration. Revenue comes from IT managed services, project work, hosted phones, hosting services, among others. Company focuses on SMB customers. Owner looking to focus on other ventures. Three employees including the owner. IOI deadline is May 17th.