Listing Number: 9525-187598
Description
Transworld Business Advisors RVA is excited to offer an outstanding acquisition opportunity with this thriving MSP company. Operating under several legal entities across North America, Asia, and Australia, the business has established a strong foothold in the market with nearly two decades of experience.
Led by a young, dynamic, and results-driven management team, the company acquired a competitor in 2018 to expand its focus on emerging technologies and Oracle practices. This has transformed the business into a diversified, competitive, and service-oriented organization, empowering a broad client base in the Information Technology sector.
The majority of clients are located in the USA, while the company is operated by a management team and employees based in its Offshore Development Center located in India. The business continues to experience revenue growth and is projected to generate $4 million in 2024. The diverse client portfolio includes major banks, retailers, brands, and utility companies, some with annual revenues exceeding $1 billion.
Financial Summary:
Forecast FY 24 Revenue: $4,000,000
FY 23 Revenue: $1,938,992 | FY 23 SDE: $925,741
FY 22 Revenue: $1,912,032 | FY 22 SDE: $805,864
FY 21 Revenue: $1,392,010 | FY 21 SDE: $611,988
Please note that this business does not qualify for SBA financing. An NDA is required to receive the comprehensive Confidential Information Memorandum. Buyers with an existing platform in the MSP industry and private equity groups with a proven track record of activity will be considered. Please be prepared to present a company profile and financial capabilities along with the NDA.
Listing Details
- Price: $4,500,000
- Down Payment: $3,600,000
- Sellers Discretionary Earnings: $925,714
- Total Sales: $1,938,992
- Location: Kent County, Delaware
- Inventory: $0
- FF&E: $0
- Employees:
- Reason for Selling: Pursuing other interests
- Category: Business Services
Contact Agent:
- Robert Stephens
- Phone: (757) 702-3870
- Email: rstephens@tworld.com