Business overview
Managed IT support provider is a confidential acquisition opportunity located in the wider Birmingham area, within West Midlands. The business is described as recurring managed it, cloud and cyber support contracts for smes.
Indicative information suggests annual revenue of approximately £2,030,000 and normalised EBITDA of around £340,000, representing an EBITDA margin of about 16.8%. An estimated 78% of revenue is recurring or generated by regular customers.
The business serves SMEs, mid-market organisations and selected enterprise clients. It currently employs approximately 21 people. The owner’s role focuses on product strategy, key partnerships and senior commercial relationships. A structured handover can be agreed with the preferred buyer.
Reason for sale: Seeking a partner for the next stage of growth. Assets included: Software, intellectual property, customer contracts, documentation and technical team. Premises are suitable for the operation; tenure, floor area and any property element will be confirmed after buyer qualification.
Growth opportunities: New modules, channel partnerships and international expansion. The opportunity may suit a software group, MSP, technology investor or experienced operator. The exact identity, detailed accounts, contracts and commercially sensitive information are only released after buyer qualification and, where required, acceptance of a confidentiality undertaking.
