Looking for a buyer.
Updated: 8/22/2024
Here’s a summary of the opportunity:
Location: MidAtlantic US
Description: The company is a leading government solutions firm specializing in comprehensive IT services for federal agencies, including cloud architecture, systems design, and data management. Founded in 1993, the company has steadily expanded its service range and secured prestigious contracts, positioning itself firmly in the market. Driven by core values of integrity, innovation, and collaboration, the company focuses on leveraging AI, big data, and cloud computing to stay competitive. With a track record of consistent revenue growth and a commitment to legal and regulatory adherence, the company aims to expand into new markets and agencies, ensuring sustained success and growth.
Current Markets: The US Federal IT services market is rapidly growing, with spending projected to exceed $130 billion by 2025, fueled by digital transformation, AI, and cloud migration. Lower Middle Market firms are essential in meeting the increasing demand for specialized services. Established integrators and midmarket firms must collaborate in this competitive environment while fiercely competing for contracts, as federal mandates increasingly require partnerships.
Designations: Certified Small Business
• The Prime contracts are small business awarded.
Financial Summary:
2023 YE Revenue: $15.5 MM
2023 Adj. EBITDA: $1.2 MM
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2024 YTD Revenue: $8.2 MM (June 30)
2024 Adj. EBITDA: $0.9 MM
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2024 YE Revenue: $16.4 MM (projected)
2024 Adj. EBITDA: $1.9 MM
Next Steps:
To review the memorandum and data room, please complete the NDA: https://api.leadconnectorhq.com/widget/form/Gz97Iy04StLsEtkaDgUL
Best regards,
Tom Shankle
Managing Partner at
Triple Three Partners
Email: --@----.com
www.333Part.com
listing type
exclusive representation
exclusive representation
industry
Technology
Technology
location
Mid Atlantic
Mid Atlantic
revenue
$16,400,000
$16,400,000
ebitda
$1,900,000
$1,900,000
SBA eligibility
yes
yes
To download teaser or contact poster, please sign in.
thanks,
Josh