~$4 mm revenue mid-Atlantic IT MSP and C3PAO seeking growth capital partner

November 09, 2022
by an investor from Harvard University - Harvard Business School in Tampa, FL, USA
~$4 mm revenue Managed IT Services company in the mid-atlantic, seeking $1.5-3 mm of growth capital and a partner to expand further into Security Assessments. They provide Secure MSP services, CMMC security assessments/audits as a C3PAO, and other related IT MSP work.
The company has been in business for 20+ years, is ISO/SOC compliant, and has all the credentials to serve 80,000+ government contracting companies that need assessments within the next ~18 months.
There are very few companies that are qualified C3PAOs, who will be serving a very large ($4+ BN annual TAM) market for government contractor compliance.
Unadjusted EBITDA for 2022 is slightly positive, but with significant investments made to expand CMMC services for###-###-#### Projected EBITDA is $1.5+ mm.
Please direct message to be included in the process and receive an NDA/materials.
Prepared materials that will follow an executed NDA: Overview presentation and expansion details for CMMC use of funds Detailed Financial Model
A data room is also prepared to support a diligence process.
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
from Massachusetts Institute of Technology in Portland, OR, USA