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- RE: International MSP And Supply Group
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | $5,000,000 | |
| Annual Revenue: | $10,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 15 | |
| BBN Listing #: | 944874 | |
| Broker Reference #: | 1223 IT |
Business Overview:
ProNova Partners is pleased to present a unique IT Services group for sale. The company operates under three distinct legal entities with operations in North America, Europe, and Asia. Interested Parties are encouraged to submit bids before the June 1, 2024 cutoff date. Management calls and additional disclosures are available upon request.
The company primarily provides mission critical IT infrastructure to their enterprise clients. Additionally, the company has launched a managed service revenue line that has already reached approximately $1,000,000 in annual recurring revenue. The Company received a significant boost from the Covid pandemic and remains a valued partner to their clients.
Opportunities for growth include cross-selling new service contracts, further development of lifetime hardware value, and unique reach into emerging markets.
An executive summary, with the Company’s full service offering, products, and consolidated financials are available with a signed NDA. Teaser financials are taken from forecasted budget ending 2024.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
Facilities: The Company executives are officed in Franklin, NJ, but company operations are international.
Market Competition and Expansion:
Competition: The IT services space continues to consolidate with many competing service offerings.
Growth & Expansion: Extensive opportunity exists in partnering with enterprise clients in developing countries, adding additional managed services contracts, and further monetizing the IT Supply hardware lifetime.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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