VEN4416

Midland Based IT Provider Focusing on Middle Market Companies

Southwest US
 

The company provides business-to-business IT Infrastructure support that enables clients to achieve robust IT systems replicating those of larger businesses.

Key Aspects:

  • Projected 2019 revenues of $1.9 million, with annual revenue growth rates averaging 26.0% since 2015.
  • Fully integrated IT services firm capable of providing a virtual IT department for clients.
  • Cisco Premier Partner in Business Collaboration and Communications.
  • Master Service Agreements with 34 clients, while adding five to ten clients quarterly, according to management.

    Opportunities:

    • Hire additional sales team members to continue the growth of the business.
    • Expand Florida operations under the guidance of current ownership.
       
       
       
      Year:

      2016

      Internal

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      2017

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      2018

      Internal

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      2019

      Internal

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      Turnover9251,4391,731485
      Gross Profit:7209581,074295
      Adj. EBITDA *195282215164
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited