[BIDDING CLOSED] 78% Recurring Revenue Managed IT Services Provider

Business Description

NOTES: 
• Bidding is now closed. Feel free to inquire to be notified if anything changes. 
• Due to the high volume of interest, we are only accepting inquiries from managed service providers backed by private equity. 

This leading Managed Service Provider (MSP) is a rare acquisition target based in one of the fastest-growing regions of North Carolina. Established over 30 years ago, this business offers strategic acquirers backed by private equity the opportunity to capture one of North Carolina’s leading IT Service companies.

Opportunity Highlights:

Pricing expectations intentionally not set. Controlled auction process with dates to be set after initial interest determined. Strategic buyers with the ability to see synergistic value as well as intrinsic value strongly preferred.

GROWTH & EXPANSION

The company is ready to grow to the next level under new ownership. Plenty of areas for growth exist, including many potential upsells, geographic expansion, and cross selling.

Competition

Company is largest privately-held MSP in its market. Reputation and history of high level of service and customer satisfaction contribute to a dominant position over local competitors. 

Support & Training

Owner open to staying on for a significant period of time manage operations and assist with transition. 

Reason for Selling

Owner looking to eventually retire over the next several years and is open to rolling a minority of transaction value as equity.