IT Services Company for sale in California

This IT services firm has been serving the CA state government through several prime contract vehicles for over 10 years. They have an essential services anchor client where they are entrenched and have been steadily expanding their footprint to other state departments.

Services provided include Cyber Security, Cloud Solutions, Project Management, IT Staffing and Software Development. With four contract vehicles, including TDDC MSA for IT at Tier 3 with a $5M project limit, they are able to win and manage large multi-year projects. They are not an MSP but have predictable revenue through these multi-year projects. They also have many software reseller agreements and can provide a complete client solution through the CA SLP program.

They maintain a relatively small W2 employee staff of management, technical and administrative professionals and utilize a broader staff of contractors, which enables them to best serve their clients’ needs and remain flexible to market dynamics.

Listing Details

Reason For Sale: Retirement Planning

Training & Support: The sellers are committed to a successful transition of contracts, relationships, employees and partners.

Location

Facilities Information: They sublease 1,000 square feet of space. About half of the employee staff regularly work at this location. The remaining staff typically work remotely.

Additional Information

Competition:

The company has deep relationships with state and local entities and their contract vehicles ensure continued new opportunities.

Potential Growth:

There are tremendous growth opportunities to expand within the state. This company is serving a relatively small numbers of state and local entities and their contract vehicles provide opportunity to expand these greatly.