OFF-MARKET – Fortune 500 Operational IT Security Firm for Sale

Fortune 500 & Lower Middle Market Operational IT Security Firm

San Francisco, CA (San Francisco County)

Seller Financing Available

Asking Price: Competitive Auction Format

Cash Flow: $880,000+

Gross Revenue: $7,389,623

EBITDA: N/A

FF&E: $250,000

Inventory: N/A

Established: 1994

Business Description

ProNova Partners represents a compelling Bay area technology consultancy, with substantial recurring revenue streams from services and projects completed regularly for a diverse set of business clients. With a roster of excellent, vested, and marquis clientele the Company has grown organically over the years, withstood C19 and even developed some new offerings and evolved into a more distributed workforce and client base. The Company offers a broad range of IT, Cloud & security consulting, procurement, and deployment services through a large team of A-player engineers, disaster recovery, cloud services, systems monitoring and maintenance, and special projects as needed.

The primary Seller is seeking a supportive capital growth partner to exit the Founder and potentially keep the other co-owner (CFO role) and hired CEO per Buyer preference. A savvy, supportive capital partner will be able to team up with the Company and the senior management and deploy a marketing campaign to drive significant growth as the Company has never pursued any dedicated initiatives to drive new business, revenue growth has consistently only been from inbound referrals from existing satisfied clients.

We are looking for a minority or majority stakeholder who will be willing to infuse an initial round of capital in the amount of at least $3.5MM to cash out the Founder who is seeking to pursue other business ventures that he is excited to embark on. NDA is required {LINK BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Detailed Information

Location:

Northern California

Employees:

37+

Facilities:

Awesome facilities, leased premises, shows PHENOMENALLY!

Competition:

Technology service providers generally is a relatively competitive space.

Growth & Expansion:

Perfect platform play.

Financing:

If the price and deal structure is right.

Support & Training:

As needed. Remaining co-owner will stay with the right partner, CEO same story,
so flexibility exists on transition dynamics and specifics per Buyer preference and the Buyer’s team & skillsets coming in.

Reason for Selling:

Pursue exciting business ventures the Founder has in mind to grow.