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 – Sold
African hoster with annual revenue of ~$1.6m from domains (~$855k), hosting (~$780k), and other add-on products. ~30% growth over the last 3 years. Profitable (~10% EBITDA) with leased servers. SMB customer base. Linux, cPanel and WHMCS. US based third party data center. English only support.
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 Decided not to Sell
Established, Western US private cloud provider with TTM revenue of ~$1.7m and gross profit of ~$770k. VMware partner.
REMOVED – On hold
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 – Seller expectations
Established Chicago region business specializing in providing wide area networking and ISP services with revenue of ~$1.5m and cash flow of ~$280k. Client contracts are generally 3 years for WAN/ISP clients with co-location services contracts of ~12 months. ARPC of ~$5k. Three employees including the owner.
REMOVED: Price expectations
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.
REMOVED – Past IOI due date
Florida managed IT services business with TTM revenue of ~$1.5m and EBITDA of ~$450k. 85% recurring. Provides IT Services, VOIP, and sales of software and hardware to SMBs. No client or industry concentration. 6 FTE. Owner would like to stay on in a reduced capacity. IOI deadline of 4/26/24.
Established, Southern California, growing digital agency focusing on eCommerce optimization and support with annual revenues of ~$1.3m and cash flow of ~$420k. 17 employees, fully remote business. Seller would like to remain in the business. Business includes a portfolio of Saas products.
REMOVED – Has decided not to sell
Highly profitable, US IP leasing and hosting company with annualized revenue of ~$1.6m. ~225k owned IPv4 addresses with an additional ~40k leased from third parties. Long-term, Blue chip customer base with ~80% in the US and the remainder in Europe. Two employees.