Business Overview:
IT Technologies is an information technology services company successfully implementing its strategic and cost effective business by focusing on IT staffing and delivering turnkey projects for local Global 2,000 companies. These client engagements have given IT technologies the opportunity to work closely with customers to understand the needs and challenges of their IT environment. Based on this experience, IT Technologies has been aggressively expanding its offshore infrastructure to better service and increase the opportunities to their customers and partners by providing, information technology and infrastructure management outsourcing services. In addition to the U.S. office, which has a approx total of 400 employees and contracted personnel,more are being added they have an office in India with 50 plus staff members. IT provides its strategic services in a blended delivery model on fixed price, service level agreements or time and materials basis. Project delivery is strategically distributed to on site, off site and offshore locations for maximum cost- effectiveness. IT Technologies has a seasoned executive team with broad experience in leading corporations and delivering turnkey projects. With the addition of three new fortune 500 clients, the 2011 revenues are projected to be approximately $45 million approximate with a Seller's Discretionary Earnings (SDE) expected to be approximately $2.9 plus SDE. These projections are based on October 2010 revenues. IT Technologies' professional services allow customers to maximize the value of outsourcing technical development. With a range of skill sets, including Web Technologies ARP(Automotive Racing Products) and RDBMS and a flexible support network, IT Technologies can quickly and cost effectively supply individuals or teams to client managed projects, reduce a great amount of time and resources by screening and hiring top quality consultants. This allows IT to provide premier resources that meet and exceed clients' expectations. Upon receipt of a signed confidentiality agreement, buyer profile and buyer financial statement, a confidential business review on the business is made available.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: