Multi-location Managed Service Provider with $2.3M+ EBITDA

Business Description

Incredible Reputation in Fast-Growing Market Area with Lots of Opportunity

This leading Managed Service Provider (MSP) is a rare acquisition target with locations in several of NC’s most active markets. Established nearly 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.

- Ownership interested in rolling equity with quality acquirer
- 55% of revenue stream is Recurring in nature
- 78% of customers have a 2+ year tenure with company
- 8-year average employee tenure
- Several upselling opportunities for strategic acquirers
- Experienced management team who desire future involvement in the  business
- Systems and processes in place to ensure future success of operations
- Multi-location company in some of the areas best markets
- Company utilizes robust automation capabilities to streamline workflows and operations, complemented by the effective use of ConnectWise, QuickBooks, and a suite of other well-integrated tools.
- Company relies on top-tier technology solutions, including products from Cisco, Dell, and Microsoft.

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.

Confidential listing. To learn more about this remarkable opportunity, please complete the form, and we will be in touch with an application to complete, followed by a non-disclosure agreement, then access to the Marketing Package, including the detailed CIM, marketing video, and financials.

Inventory  & FF&E:

Included in asking price.

Competition:

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

Growth and 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. Current markets offer tremendous opportunities for growth.

Support and Training:

Owner(s) open to staying on with buyer to manage operations, assist with transition, and continue leading the company.