Under LOI: IT Services Acquisition (Canada) – Seeking ~$1.2M Equity Partner

Hi everyone, I’m currently under LOI for the acquisition of a profitable IT services company in Canada (Western Canada), and I am exploring a minority capital partner to complement senior bank financing. Transaction overview: • Industry: IT Services • Enterprise value: ~$5M • Strong recurring revenue and stable cash flow • Seller retaining a meaningful minority stake (alignment) • Acquisition-led growth strategy supported by a seasoned management team with experience across 200+ acquisitions Capital need: • ~$1.2M • Structured as minority equity or preferred equity (flexible depending on partner) What I’m looking for: • A long-term oriented partner (family office / experienced investor) • Flexible structuring with a focus on alignment and downside protection • Limited operational involvement (financial partner role) • Alignment on building and scaling a buy-and-build platform in IT services This acquisition serves as the foundation of a broader buy-and-build platform focused on disciplined growth and long-term value creation. Happy to share additional details and discuss structure depending on fit. Feel free to reach out directly or comment below. Thank you, James Nguyen