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Asking Price:	Not Available
Business for Sale Industry:	Technology: Non-classifiable
Yearly Revenues:	$57,473,000
Yearly EBITDA:	$2,499,000

Business for Sale Overview:

The March Group, LLC invites interested Private Equity Groups and strategic fits to learn more about the well-established and innovative provider of information technology services, it is currently representing for acquisition. The Company’s sales are derived from value-added installation services, which accounts for approximately 60% of total sales, followed by project management (20%) and ancillary services (20%), such as IT consulting, disaster recovery, and asset recovery along with related services for computer, telephone, wireless, and audio-video systems. The Company’s customer base is over 150 accounts with a primary focus on the K-12 education market, which accounts for approximately 85% of the business. Robust growth over the last three years has represented a Compound Annual Growth Rate of +33% with sales increasing from $32.3 million in 2005 to $57.5 million in 2007, and EBITDA has averaged more than $1.695 million over the same period. The balance of sales comes from diverse business customers as well as the higher education market. A seasoned senior management team (without involvement of the principal) runs daily operations with a staff comprising over 60 full-time non–union employees and the utilization of services of subcontract labor for large-scale installation projects. For a PEG or strategically-aligned firm that is better-capitalized than current ownership, there are tremendous and readily obtainable opportunities to increase the Company’s business well beyond current levels.

Property Features and Assets:

There are currently two offices stretched across the country in the southeast and northwest regions with a 90-10 split in revenues, respectively. Headquarters are located in a 38,000 square feet office facility with ample room for growth with a separate regional office which is leased.

Market Competition and Expansion:

The Company is a rapidly growing information technology consulting firm, specializing in the education sector and comprised of an employee base and culture built around engineering expertise which differentiates it in the marketplace. Given appropriate investments by better-capitalized ownership, there are tremendous and readily obtainable opportunities to increase the Company’s business well beyond current levels. More aggressive business development efforts, geographic expansion, and pursuit of new technology markets, including turnkey installations of “smart” classrooms, to name a few, present exciting areas to pursue immediate growth for more creative ownership.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.