IT Managed Services Provider - ID #704570

This company provides outsourced IT services to small to mid-sized businesses (SMBs). They manage 100% of a client’s IT needs, and as needed, provide expertise for their customers’ in-house staff. They have been utilizing the MSP model for 18 years. The owner’s goal is to transition out of the company and enjoy retirement! Acquisition Highlights ▪ Well established business with loyal customer base ▪ No client or industry concentrations ▪ Stable revenue stream - No AR issues ▪ Pure MSP with majority of clients under contract - over 70% MRR ▪ Great team of experienced techs providing exceptional customer service ▪ Owners can be absent for extended periods of time with no interruption of services ▪ Utilize top of the line tools ▪ Follow "best practices" in the industry ▪ Strong business processes and procedures in place Financials are Trailing Twelve Month as of 7/31/2021.