Listing Number: 9525-187598
Description
Transworld Business Advisors RVA is excited to offer an outstanding acquisition opportunity with this thriving MSP company. Operating under several legal entities across North America, Asia, and Australia, the business has established a strong foothold in the market with nearly two decades of experience.
Led by a young, dynamic, and results-driven management team, the company acquired a competitor in 2018 to expand its focus on emerging technologies and Oracle practices. This has transformed the business into a diversified, competitive, and service-oriented organization, empowering a broad client base in the Information Technology sector.
The company continues to experience revenue growth and is projected to generate $4 million in 2024. Its client portfolio includes major banks, retailers, brands, and utility companies, some with annual revenues exceeding $1 billion.
Financial Summary:
- Forecast FY 24 Revenue: $4,000,000
- FY 23 Revenue: $1,938,992 | FY 23 SDE: $925,741
- FY 22 Revenue: $1,912,032 | FY 22 SDE: $805,864
- FY 21 Revenue: $1,392,010 | FY 21 SDE: $611,988
NDA is required to receive comprehensive Confidential Information Memorandum. Buyers with an existing platform in the MSP industry and private equity groups with a proven track record of activity will be considered.
Listing Details
- Price: $4,500,000
- Down Payment: $3,600,000
- Sellers Discretionary Earnings: $925,714
- Total Sales: $1,938,992
- Location: Delaware
- Inventory: $0
- FF&E: $0
- Employees:
- Reason for Selling: Pursuing other interests
- Category: Business Services
Contact Agent:
- Christian Sowers
- Phone: (804) 206-8852
- Email: [email protected]