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Franklin, Somerset County, New Jersey
International MSP And Supply Group
Asking Price
$5,000,000
Revenue
$10,000,000
Down
Call/Email
Cash Flow
$1,200,000
Description
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.
Detailed Information
Facilities: The Company executives are officed in Franklin, NJ, but company operations are international
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.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: Retirement
Posting Information
Posting ID:
286121
Business Category:
Business Service
Business Types:
IT (Information Technology)
IT & IT Service
Keywords:
msp, supply, it, technology, franklin, somerset county, new jersey
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
International MSP And Supply Group
Posting ID
#286121
Full Name (Required)
Email (Required)
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NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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Franklin, New Jersey
International MSP And Supply Group
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