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Managed Security Services Provider (MSSP): $4 M EBITDA | Healthcare and Financial Services Focus | Mid Atlantic Region

Location: Mid Atlantic

ID: (#201012)

201012
Price:Contact Broker
Revenue:$8,750,000
Cash Flow:$4,000,000
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

Overview

Managed IT Security Services Provider (MSP) in the Mid Atlantic region with deep experience working with clients in highly regulated industries (Healthcare, Financial Services, Defense). Highly profitable business model with over 40% margins and 80% recurring revenue. The company is at its next inflection point for growth and expects to add 10-12 new clients in 2024 and another $1 M+ in revenue. The company has built a strong mangement team that is capable of growing the company following ownership transition.

Details

Reason for Selling:

Retirement

Established:

1990

Employees:

20

Furniture, Fixtures, and Equipment (FF&E):

All assets requried to operate the business.

Facilities:

No real estate.

Inventory:

All inventory required to operate the company.

Competition:

Well established company with specialized capabilities in Cybersecurity, Healthcare and Financial Services.

Opportunities for Growth:

2024 will be a strong growth year for the company. Revenue is projected to increase over 15%.

Support and Training

The owner is willing to support a full transition. Strong successors are in place to operate and grow the business in the future.

Broker Contact Information

  • Mahen Gundecha
  • Pennsylvania - Philadelphia
  • (484) 354-4274 Mobile
  • Appointment Only:
  • Pennsylvania - Philadelphia
  • By Appointment Only
  • One Liberty Place | 1650 Market Street, 36th Floor, 19103
  • Philadelphia, Pennsylvania 19106
  • Real Estate Broker: