The company below is for sale. If you would like more information about this opportunity, contact andy@industryanalysts.com.

Company Profile

The IT provider is a major player in the Sacramento area, extending its services to other key markets in California, as well as to clients in other states and countries. The company has carved a niche for itself by offering top-tier solutions in security, identification, and communication, catering to a diverse client base.

Market

This provider has established a formidable presence in the IT market, particularly in security and communication solutions. They serve a wide array of clients, including high-end customers, which positions them well in a competitive industry.

Financial Performance

The company has shown remarkable financial performance and growth over recent years. For FY 2024, the projected revenue stands at $7,000,000 with a recast EBITDA of $1,000,000, based on the first three months’ performance. The service revenue annuity for this period is expected to be $2.9 million with a 52% operating contribution.

In FY 2023, the company recorded revenue of $5.9 million and a recast EBITDA of $804,000. The service revenue annuity was $2,500,000 with a 51% operating contribution.

FY 2022 saw revenue of $6.4 million and a recast EBITDA of $754,000, with a service revenue annuity of $2,700,000 and a 43% operating contribution.

Real Estate, IT & Vehicles

The business operates out of a 3,000 square foot space leased through August 31, 2024. It utilizes e-Automate for financial reporting and PSA, and the sale includes 9 service vehicles.

Key Acquirer Opportunities

The acquisition presents a valuable opportunity for investors or companies in the IT sector looking to expand their portfolio, particularly in the high-demand areas of security and communication solutions. The company’s strong financials, coupled with its substantial client base and service contracts, make it an attractive proposition.

SOURCE Industry Analysts Inc.