Seeking Investors to Acquire DevOps Consultancy Under LOI

NearSummit Capital ("NSC") seeks commitments from accredited investors of up to $3,000,000 for an investment opportunity under LOI. Interested parties will be provided with a complete investment package for review. NSC is being established to take advantage of the impressive growth rates exhibited by cloud-native system integrators catering to the cloud computing market. Our goal is to build a company generating $80 million in revenue within a span of five years, achieved through rapid organic growth and rolling up the fragmented ‘DevOps Consulting’ space. Based on today’s market multiples, this endeavor has the potential to exit at a $200 million valuation. The Target Company (the ‘”Company”), based on the East Coast, is a leading cloud and DevOps consultancy company, focused on providing a broad suite of consumable solutions to organizations in pursuit of their digital transformation initiative. It is a hyper-specialized partner in the cloud services ecosystem focused on DevOps automation and cloud enablement, offering unique go-to market solutions in high end consulting services and managed subscription services. The Company experienced strong growth in 2022, generating $6.0 million in revenue (45% YoY growth) and is forecasting $9.1 million in revenue in###-###-#### % YoY growth). Continued growth is expected to come from an expansion of services post-acquisition, enhanced channel partnerships, penetration into new customer segments, and introduction of omni-channel customer experience delivery framework. NSC has signed an LOI to acquire the Company’s assets, in a transaction valued at $5.5 million. The Company is well-positioned to capitalize on the growing digital transformation movement towards cloud computing and NSC has structured an investment that allows the Company to expand through several viable avenues, making this an appropriate and exciting investment.