703888 - Managed IT Services Provider

February 08, 2024
by an intermediary in Lincoln, KS, USA
We have for sale an IT company offering managed services, hardware and software products to their clients throughout the intermountain west region.
The owner has reached retirement age. He would like to sell and exit after a transitionary period.
Location - Utah
Acquisition Highlights:
- 80%+ recurring revenue from assignable, contractual services
- Average client tenure of 10+ years
- Newly developed sales process prepped for implementation
TTM Revenue / EBITDA:
- $1.7M Revenue through 12/31/2023
- $311K EBITDA through 12/31/2023
Financials are Trailing Twelve Month as of 12/31/2023.
from University of Illinois at Urbana in Austin, TX, USA
from University of California, Los Angeles in Los Angeles, CA, USA