This business has an accepted offer. Please view our other Tech Companies for sale.
The company is focused on assisting businesses in managing and maintaining their IT infrastructure.
The company has emerged as a reliable partner for clients seeking proactive and reliable IT solutions. It boasts a team of highly skilled and certified technicians who deliver a comprehensive suite of services tailored to meet the diverse needs of its clients. From proactive system support to complete network monitoring and automated remediation, the company ensures that its clients’ IT systems operate smoothly and securely. In addition to its core services, the company offers a variety of optional services to enhance its clients’ IT capabilities. These include onsite support for immediate assistance, spam filtering to guard against email threats, and colocation services for secure data storage.
The company also provides structured cabling services for efficient network infrastructure and project planning to aid clients in implementing new IT initiatives. With after-hours support available, the company ensures that its clients receive timely assistance whenever required. Moreover, by offering Office365 and Google Apps integration, the company helps clients harness the power of cloud-based productivity tools for improved collaboration and efficiency.
As a premier IT staffing company, this business specializes in providing full-time, top-tier talent directly to numerous large corporations. Its deep relationships with senior professionals within these organizations fuel ongoing success and growth.
The lean, high-performance team of eight (two on-site and six off-site team members) has achieved remarkable results, generating $4 million in revenue while minimizing overhead and maximizing profitability, giving the firm an edge over their competition.
The focus is primarily on full-time placements, ensuring optimal returns for both clients and the company and the company’s stellar reputation among clients and contractors alike is a testament to its commitment to excellence.
Expansion:
The company is poised for significant growth by expanding Client Services, Account Management, and Sales teams. This strategic investment will enable it to deepen relationships with existing clients, unlocking the vast potential within its current portfolio, which is currently operating at just 5% capacity.
This business has an accepted offer. Please view our other Tech Companies for sale.
Full-service media storage solutions firm providing pre-configured hardware appliances and content archiving solutions to the broadcast and media and entertainment industry. The company provides end-to-end multimedia storage technology for digital preservation, empowering its clients’ assets to move seamlessly into disk, tape, and cloud storage from a single point of control.
The company has more than two decades of experience providing broadcasting and post-production companies the media storage solutions that fit their specific needs for data preservation, secure movement, and retention.
The company generated more than $1.3m in revenue in 2022 and has increased its seller discretionary earnings to $465k in 2022 vs $400k in 2021 (~16% increase). Recurring revenue is more than 65% of revenue.
Team: In addition to the company owners, the company employs:
Services and Clients: The company provides a unified storage infrastructure and platform for media assets / digital archives primarily to post-production, news broadcasting, and public broadcasting companies. Products include:
They serve 200+ clients, with 78% of sales being indirect sales via strategic partners and 22% being direct sales. Clients include top broadcast networks. The revenue generation from the top client was ~14% of total revenue in 2022. The company serves clients nationwide.
Competitive Advantages:
The company is a premier digital marketing agency focusing on SEO solutions with a proven track record spanning over 20 years. Recognized as a top-tier service provider in the state, the business has consistently grown from year to year by maintaining a high standard of excellence.
Key Investment Highlights
Operating with no physical assets, the company’s entire staff works remotely. The company has developed proprietary software for HTML blogging and auto-site map generation.
The owner’s responsibilities include converting leads, billing, administrating duties and to a lesser extent server management. The business is mostly streamlined, allowing the owners to work a combined total of only 10-15 hours per week.
Business Model and Clients
The company offers a custom-designed website worth more than $5,000 at no upfront cost, provided clients subscribe to their website maintenance and SEO services.
The company has low customer concentration, with the largest customer contributing less than 10% of the revenue. The net revenue retention rate for 2023/24 stands at 102%.
This business has been sold. Please view our other Telecom Companies for sale and other Contracting Companies for sale. Contact us if you would like to sell your telecom contracting company or fiber optic contracting company.
Highly regarded construction company providing infrastructure support construction to the datacom/telecom and electrical utility sector in Arizona and neighboring states.
With four decades of experience, the company has forged a stellar reputation with public and private utility providers through its expertise and timely on-budget project completion. Ownership is accorded “favored son” treatment in the awarding of lucrative fiberoptic and aerial electrical lines contracts that seemingly have no ceiling as consumer demand for increased speed and bandwidth continues to surge. Coupled with government mandates and funding to provide high-speed internet service to rural areas, the fiberoptic industry has ensured a bright future for many years to come.
Indeed, contracted work has resulted in year-over-year topline growth of 225% in the past year alone, with continued projected growth in 2024 and 2025 of an additional 42% and 16%, respectively. Net cash flow to owners has and will continue to mirror gross revenue growth, with year-over-year increases of 140% and 31% through 2024.
Scaling is virtually guaranteed through technological advances and public demand, as well as significant barriers to entry for new competitors. A highly trained field staff, motivated administrative team, and a full complement of young equipment and vehicles complete this legacy offering.
This business has been sold. Please view our other IT Services Companies for sale and contact us if you would like to sell your managed services company or cloud computing business in New Jersey or any other state.
The company was launched more than 8 years ago and provides software development, cloud architecture, and migration services, as well as security consulting. They generated more than $2m in revenue in 2022, and their clients consist of 30% within the NPO Education space, 20% in retail, and 50% in the advertising and technology spaces.
New business is obtained purely via referrals from clients and through growing client accounts after they have been onboarded.
The company’s strengths are its deep expertise in AWS infrastructure and architecture, strong software development skills, low labor cost by utilizing long-term offshore contractors, and significant monthly recurring revenue.
Although they have outstanding expertise in PCA and HIPAA as well, the company has favored small to medium enterprise clients with limited internal IT staff and/or cloud expertise to maximize their current service offerings. Managed services and software development are their highest-margin products. They can provide 24-hour monitoring for clients with their contractor model.
There is a significant opportunity for growth in the Managed Services AWS space, and the company’s model utilized for its largest client is repeatable. In addition, the creation of a sales team and go-to-market plan will substantially drive the revenue stream upward.
Team: In addition to the 2 company owners, the company employs the following staff who all work remotely:
The company has an office as its headquarters in New Jersey.
Reason for Selling: The owners are ready to retire and hand over the business to the right buyer who can take advantage of many growth opportunities in the cloud adoption space. They are willing to assist the buyer through the transition period to ensure they are set up for success.
This company has been sold, view our other technology businesses for sale.
Operating in New York’s Adirondack Region, this company has over 30 years of experience providing technology services to both the public and private sector. The company also directly supports schools. They have built a solid client base and a strong reputation across the state as a quality provider.
Company’s services include:
The Company maintains a New York State Office of General Services contract. It was a multi-year process to procure this contract and proves as a valuable tangible asset to the new owner. The company also recently received approval for Woman Owned Business status – a process that took three years and is also a valuable tangible asset to the new owner.
Employees: 15
Facilities: Two owners work from home offices. This could be considered a home-based business. One owner works 20-30 hours per week, the other works 45-60 hours per week to maintain and oversee current client contracts. Employees are based in multiple offices at public facilities throughout the state; those offices are at no cost to the Company, as they are included with the work contracts.
Competition: New owner could choose to capitalize on the growing trend of companies outsourcing their IT services while also paying higher premiums for solutions and quality.
Growth & Expansion:
Growth opportunities:
Financing: Owners are willing to offer some financing for the right person.
Support & Training: The owners’ level of their involvement during the transfer of ownership will be entirely dependent on the new owner’s experience in the industry. Owners are willing to negotiate details to ensure a smooth transition.
Contact us to help you sell your technology business in New York or anywhere else in the United States.
The company has been sold. Please contact us to sell your Internet Service Provider (ISP) in Michigan or anywhere else in the Us. If you are interested in purchasing an ISP or other tech business, view our other technology businesses for sale.
The company is an Internet Service Provider and Telecom Provider. It offers Wide Area Networking (WAN) solutions to businesses. The core focus also includes business data continuity services and custom networking solutions through wireless services.
Their clients range from small to large enterprise businesses in a variety of sectors, and the company operates on a subscription-based model. Over 40% of recurring revenue is generated by loyal clients who have added on services and products over time.
The company has been sold, view our other technology businesses for sale.
Software Company with a niche in the Electronic Medical Records (EMR) industry was sold. Their proprietary software is easy to use and learn compared to their competitors and as a result this has allowed for significant growth of the company. Over 50% of their revenue is recurring revenue that their customers pay every month or year. There are federal government subsidies for Medical Organizations to convert their medical records systems to certified EHR software for Medicare and Medicaid billing. In addition to subsidies and potential penalties EMR software provides health care practitioners the ability to more efficiently manage their customer records and provide better customer service with a compelling return on investment. There are significant barriers to entry in developing the numerous features for their particular niche that competitors simply don’t have in their products.
Growth Opportunity: Currently they have a very small sales staff and sell all their products directly to customers. A new owner could grow the sales force and potentially establish reseller relationships.
Contact us to help you sell your technology business.
