Growing, established, New York City MSP with 2024, revenue of ~$2.43M and adjusted EBITDA of ~$1.25M. Customer base of SMBs and high-net-worth individuals in the metro NYC area. Originally focused on Apple technologies but now operates as platform agnostic. Four full-time employees, including the owner. Seller is exiting to reclaim time and to pursue other opportunities. Pre-approval required.
Managed Service Provider based in Massachusetts with 2024 revenues of ~$669k and adjusted EBITDA of ~$182k. Services include help desk, backups, and managed detection and response. Customer base consists primarily of local small businesses, many in the legal or medical industries. Utilizes Ninja for RMM and PSA. Staff includes one full-time employee and one part-time employee. Seller exiting to focus on another business.
Established, southern Minnesota MSP with revenues of ~$3.5m, ~48% recurring, and cash flow of ~$0.5m. Company focuses on providing outsourced IT department services for clients of ~20 employees with no dedicated IT staff of their own. (It is not in the Twin Cities area.)
Established Minnesota based MSP with sales of ~$210k and profit of ~$115k. They provide IT security, firewalls, backups, new equipment purchasing, password resets and general tech support for their B2B clients. 98% Repeat Client Rate, and a 5-star rating on Google.
Texas MSP for SMBs and enterprise customers with 2023 revenue of $3.2M (~45% recurring) and EBITDA of ~$1.7M, and 2024 projected EBITDA of over $1.86M from 150 clients. Services including network and server monitoring/maintenance/patch management, desktop and network printers / desktop support , backups and disaster recovery, etc. 6 FT employees, 1 PT employee, and 1 contractor. Seller is open to staying on post-close. Target for IOI date is 12/20 but there is some flexibility into January given the holidays.
1731) Colorado based, managed services IT company with 2024 TTM revenue of ~$950k and EBITDA of ~$170k. 85% recurring revenue with no industry focus and no customer concentration. ~49 small to medium sized customers (~850 endpoints.) Services provided include computer support, business continuity, network monitoring, cybersecurity among others. Two owners, one is willing to stay on if desired, one is retiring.
Established, managed IT services provider located in New York City, specializing in entertainment and fashion industries. 2023 revenue of ~$231k and earnings of ~$79k. Services include endpoint management, network monitoring/management, and IT consulting. Client base is predominantly small businesses and contracts are a mix of auto-renewing annual agreements, T&M, and blocks of hours. Seller is exiting the business due to a move out of state but is open to staying on in a sales role.
REMOVED – Offer date has passed
Houston, Texas managed IT business with YTD revenue of ~$430k, ~81% recurring. Almost all accounts under annual contracts. YTD cash flow of ~$150k. Provides IT Services, Cloud Services, and virtual CIO services.
West coast IT Services firm generating ~$5.6M in revenue and $459K in projected EBITDA. 49% hardware and software, 22% project revenue, 17% recurring revenue and 12% other. Seller is looking retire.
Southwestern US MSP servicing the local district school with a projected revenue of ~$2.9M and projected EBITDA of ~$863K, for 2024. Ongoing contract with the local district school, renewed every July. Revenue primarily comes from billable hours of 8-10 consultants. Buyer can run the business remotely. Transaction expected to include contingent payments. Seller focusing on their other IT firm (can’t sign a non-compete but would sign a non-solicit for the school district.) Seller may consider selling both firms.