IT Professional Services Company
Price: $18,000,000
Annual Revenue: $19,000,000
Net Cash Flow: $4,500,000
Industry: Technology
Location: New Jersey
The company is a premier provider of white-glove IT services and solutions and offers unparalleled responsiveness, quick remediation times, and expert engineering services to meet clients’ IT needs. With a strong track record for over 30 years, this company consistently outbids competitors through strategic partnerships and exceptional service. Revenue grew significantly, reaching $19 million in 2023 from $10.4 million in 2022.
It provides a comprehensive range of IT professional services, products, licensing, support, and consulting and stays current with the latest technologies to deliver innovative solutions that meet its clients’ evolving needs.
The company is a recognized brand in the legal industry, catering to businesses with 50+ employees across the US, mainly in NYC. Leveraging its strong presence in the accounting, legal, and SMB sectors, it continues expanding its reach through personal relationships, referrals, industry reputation, and targeted marketing efforts to meet the growing demand for IT products and services.
They are actively expanding their presence in the accounting firm market, capitalizing on its high profitability and recurring revenue potential. Strong relationships with Microsoft and other key vendors enable the company to deliver cutting-edge solutions to this lucrative market.
Proven Strengths
The company’s core strengths include:
- Quality services and rapid response times
- 24/7 availability for emergencies
- Highly efficient and effective team
- Strong financial performance
Leadership Transition
The current owner is seeking retirement and is open to a transition period of up to two years. Key employees, including engineers and a salesperson, are committed to staying on to ensure a seamless transition and continued success.