REMOVED – Under agreement
Virtual MSP specializing in Oracle/Hyperion and projecting revenue of $5.5 million in 2020 with just over 50% recurring. In addition to Oracle, they also provide OneStream managed services and have just started to provide Salesforce managed services. Its 30+ clients are largely enterprise businesses with some very well know brands. Pre-approval and qualification required.
Californian based MSP with revenues of $4M and EBITDA of $920k. 70% of the revenue is recurring. Connectwise and RMM is Labtech (Connectwise Automate). Owner looking to transition out of business. This one is moving very quickly and the seller is looking to evaluate offers by the 21st. Due to the seller’s location and schedule, calls unfortunately cannot be set up until after the seller has created a short list of buyers. Selling is asking ~5X EBITDA but payment terms will be a factor in the decision making. Please only inquire if you can meet the timeline noted.
REMOVED – Seller has decided to retain and grow the business
Texas based MSP with a projected 2020 revenue of ~$300,000 from 23 customers of which ~80% is recurring. EBITDA is forecasted to be ~$100K. Customers are mostly dental practices. All customers are either on or will be on contract. Seller is using Quickbooks online, RMM & PSA are Syncro. Seller is looking to retire.
REMOVED – Under agreement
UPDATED – Datacenter is in the Nashville area.
Southeastern US Datacenter with approximately 2,800 sq ft of raised floor and 5,000 sq ft of total space including contemporary administrative work space. A/B power, 375kva of UPS and 600kw backup generator. Secure facility. No tenants/revenue at this time.
REMOVED – Valuation expectations
Early stage SaaS provider with $300k/yr of revenue and negative EBITDA has a patented interactive video technology that seamlessly connects viewers to individual products or information directly within video, allowing the unique ability to directly click any product or item of interest to learn more. The company’s approach provides the cleanest and most user friendly experience in the market. Clicked items are collected in a column of bookmarks next to the video that can be clicked on during or after the video. Customers include: Target, Tommy Hilfiger, GMC, Totes, Pure Michigan, Travel Wyoming and many others. Owner is looking for a sale or partnership to help with growth. Pre-approval required.
REMOVED: Under agreement
Established, Southeastern IT Service and Support business with 2019 revenue of ~$737k (up from $685k in 2018) and CF excluding owner compensation of over 25%. 3 FTE. Business is a mix of Managed Services, service and support for business and home accounts. Owner is retiring.
REMOVED: Valuation expectations
Upper-midwestern US, technology consulting and managed IT service provider. Approximately $185k of annual revenue and profits of approximately $72k. One full time employee in addition to the owners.
REMOVED: Under agreement
Established, Northeastern US IT Support business with $120,000 of recurring revenue. Services include a mix of desktop support, backup, security and compliance services, and product sales. Customers are a mix of business and government. There is a non-exclusive offer already on the business. Requires pre-approval.
REMOVED – Under agreement
Established Southeastern MSP with 2019 revenue of ~$1.8M and ~$250K of SDE. Services include hardware sales (~10%), Software Development (~27%), with Managed services and support work making up the remainder. 14 employees. Specializing in schools and churches. Seller is retiring but willing to provide transition support.
REMOVED – Under agreement
California MSP with 2019 revenue of ~$940K, approximately 65% of which is recurring. Seller Discretionary Earnings were ~$160K. Services include: IT Managed Services, IT projects, Hosted IT services, Security systems and VOIP phone systems. 7 full time staff. Company uses Solarwinds N-Central Pro and Web Help Desk.