[opportunity paused] Business for sale (to veterans only): VA-based tech company, ~2M EBITDA

July 23, 2021

by a searcher from Harvard University in Boulder, CO, USA

Update 7/28: Hey all! I've gotten a lot of interest in this but don't want to inundate the seller, so am going to pause sending intros at this time. I will definitely pass on other proprietarily-sourced set-aside businesses I see in the future! (and also please post your WOSB's to the community as well!)

Original:

I'm a searcher and through my cold-outreach process connected with a business owner interested in selling his business - he and his partners are looking to retire.

- The business is a technology government contractor based in Virginia
- They had about 2M in EBITDA (16M revenue) in 2020
- They are a SDVOSB - a service-disabled veteran-owned small business. All of their contracts are for set aside for veteran or service-disabled veteran owned businesses
- A potential buyer should be a veteran at a minimum (not sure if they should be service-disabled as I don't know what % of their contracts are under which set aside)

I cannot pursue this company because I'm not a veteran. (but send me your women-owned small businesses please :) ). If you're a veteran and would like to learn more, reach out and we can figure out a finder's fee for if the deal ultimately closes.

Reply by a searcher
from Harvard University in Boulder, CO, USA

Hey all! I've seen a lot of interest but the owner has asked me to vet inquiries first. I also think that's in the best interest of a potential acquirer. So anyone else that's interested, can you confirm when you message me whether or not you would qualify for the SDVOSB set-aside (it has both service-disabled qualifications as well as affiliation requirements where vets must personally own at least 51% of the equity themselves). If so I will shoot you the finder's fee agreement and connect you with the owner!

Reply by a searcher
from University of Massachusetts Amherst in New York, NY, USA

I'm not a veteran, but thanks for sharing. As a part-time searcher it's incredibly helpful that people share deals they have passed on. I would be happy to pay a finder fee and I'm sure many others would as well.

^redacted‌ any thoughts on a section for this?

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