704021 - Managed Services Company

We are offering for sale a full-service colocation and data center facility offering a variety of managed and IT based services. They service clients on a global scale. The owner is wanting to exit and explore new opportunities. Location: Texas Acquisition Highlights: - Stable and growing monthly recurring revenue stream - Low churn with a highly diverse customer base - 1-3 year contracts that auto-renew - Micro Data Center - SSAE, Type 2, SOC 1 & 2 Compliant - Team-based environment - Competes with Azure/AWS/Google because they provide non variable cost options not available at large corporate cloud providers Financials are Trailing Twelve Month as of 7/31/2022.