1684

REMOVED – Seller has decided not to sell at this time

New York area MSP

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.

 

1679

REMOVED – Under agreement

IT Managed Services business located in Idaho

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.

1677

Carve out of MSP from a Security Ops Center/Network Ops Center business

UPDATED – Updated financials.

Carve out of the MSP customers of a SOC/NOC business. As of Q3-2024, projected net income will be $56k/quarter on revenues of $230k/quarter. Separate financials are NOT available. Employees are based in Texas. Customers are mostly located in the southern USA and can be serviced remotely. Customers are in a variety of industries including hospitality, financial services, and non-profit. Seller’s strong preference is to partner with buyer where the buyer would continue to offer seller’s SOC/EMDR services to the customer base, and the seller would refer MSP business to the buyer. Seller is motivated and wants to focus on their SOC/NOC business.

1674

REMOVED – Under agreement

Connecticut based MSP

Established, Connecticut based MSP with revenue of ~$300,000+ and cash flow of $100,000+ from a full service offering. ~60% of revenue from services and contracts with only a small percentage from hardware sales. Five employees, including the owner and independent contractors. Owner is retiring.

1670

New Jersey based IT Services group of companies

New Jersey based IT Services group of companies with combined revenues of ~$10m, ~10% recurring. The companies primarily provides mission critical IT infrastructure to their enterprise clients around the world.

1668

Hawaiian MSP

Established Hawaiian MSP with annual revenues of ~$1.4m and EBITDA of ~$0.2m from ~100 clients. Almost all recurring. Company focuses on voice and data solutions, cloud services, domains, and IP camera security. Almost all recurring; 10 FTEs.

1664

REMOVED – Under agreement

Southern US MSP

Established, Southern US MSP with 2023 revenues of ~$720k and adjusted EBITDA of ~$200k from ~50 clients. Clients are mostly local; 25-100 employee businesses. High recurring revenue; 2 employees in addition to owners; owners are looking to move on.

1656

REMOVED – Under agreement

Northeastern US Full Service MSP

Established Northeastern US full service MSP with 2023 revenues of ~$120k and EBITDA of ~$70k. Business is run by owner and one independent contractor. Long term clients and all on recurring contracts. Owner is retiring.

1655

REMOVED – Under agreement

Northeastern US MSP

RETURNED TO THE LIST – BUYER FAILED TO CLOSE. MSP based in Long Island, NY with 2023 revenues of ~$355k and adjusted EBITDA of ~$78k. One full-time employee who is a talented engineer and is expected to stay on post-close. Owner’s role is part-time administrative; owner is willing to stay on to assist during the transition. Customers are local small businesses in a variety of industries, most of whom have been customers for more than 5 years. Owner is looking to sell to focus on his other business.

1654

REMOVED – Under Agreement

US West Coast, Managed IT Support Business

US West Coast, managed IT support business with 2023 revenue of over $900k and normalized EBITDA of over $400k coming from ~24 long term clients and over 350 endpoints. Company provides managed IT, cloud services, VOIP services and hardware/software sales. More than 60% recurring. Two FT techs.