IT Services Company for Sale

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.
from Northwestern University in Southborough, MA, USA
from Bellevue University in Houston, TX, USA