IT Services Company for Sale

intermediary profile

September 26, 2024

by an intermediary from University of Massachusetts at Amherst in Boston, MA, USA

Founded in 2004, this company provides global IT services and solutions, focusing on refurbishing hardware, providing IT maintenance (server, storage, and network), professional field services, and IT staff augmentation. They help businesses reduce capital expenses, increase network efficiency, and ensure operational reliability. Their offerings include same/next-day hardware replacement, 24/7 tech support, and field engineering across 100+ countries. They currently have 230 active accounts. A third of their accounts are Government entities, while the other two thirds are B2B. Clients average an 85% renewal rate. $15M in annual sales in refurbished networking equipment and maintenance of hardware, with about a 7% profit margin on hardware. $1-2M annually for network services, with a 40% profit margin. A new owner could easily scale the network service offerings.
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commentor profile
Reply by a professional
from Northwestern University in Southborough, MA, USA
^redacted‌ I'd take a look at this one, seems like the staff augmentation could be converted to a full time workforce and scaled in the way you are expecting. I've worked with Joe in the past and he's a sharp guy.
commentor profile
Reply by a searcher
from Bellevue University in Houston, TX, USA
Interested - I can be a small equity partner in the deal, plus I have 25 years of IT experience as a IT Project Manager. Please contact me to discuss further. redacted
commentor profile
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