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.
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.
Growing SAAS business with revenue of ~$900k and cash flow of ~$400k that provides a variety of digital marketing tools including tools for social growth and engagement, lead gen, email automation and marketing optimization. Sales are largely US. 5 employees.
REMOVED – Under agreement
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.
Established, rapidly growing digital marketing firm with revenues of ~$600k and cash flow of ~$190k. Revenue is primarily recurring from medium sized businesses. Company services include UI/UX design, custom web and app development and SEO among others. Eight employees. Business is based in the Southeastern US and 100% remote.
RETURNED TO THE LIST – BUYER FAILED TO CLOSE
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.
1659) Established, growing, digital marketing business with annual revenues of ~$850k, approximately $720k recurring, and earnings of ~$560k. Services provided have evolved to include social media management, influencer marketing, email marketing, and more. Owner works full time operating the business and utilizes freelancers on a project basis.
REMOVED – Under Agreement
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.
REMOVED – Under agreement
Established email automation firm with annual revenues of ~$640k from more than 70 customers and earnings of ~$210k. The Company’s solutions integrate into all ecommerce platforms. All of the Company’s customers are physical product companies and mostly in the US. The business is not SBA financing eligible.
Eastern Canadian cybersecurity firm with annual revenues of ~$819K (~40% recurring.) Managed security services include: endpoint detection and response, managed network threat detection and response, 24/7 cyber threat event monitoring and log management, dark web monitoring, network and security assessment, cyber threat intelligence and next-generation firewall management. Operates their own $1M SOC. All customers Canadian. Business and team are fully bilingual, serving customers in French and English. Team is willing to stay on. Owner prefers merging with a larger firm and staying on board, but will consider selling the company.