707068 - Managed IT Services Provider

We are offering for sale an IT managed services provider for small and medium-sized businesses ranging between###-###-#### employees. All clients are local, within a 2-hour radius of the business. Given recent growth, future growth potential and one owner near retirement age, both owners have decided a sale is in their best interest. Location - Iowa Acquisition Highlights: ▪ 64% recurring revenue ▪ No client or industry concentration ▪ All clients are under contract ▫ 96% are multi-year ▫ Assignable with a cancellation penalty TTM Revenue / EBITDA: ▪ $1.9M Revenue through 4/30/2024 ▪ $532K EBITDA through 4/30/2024 If you would be interested in learning more about this opportunity please contact Scott Blackwood at --@----.com for more information.