OFF-MARKET- NorCal ISP Seeks Strategic Acquirer for a Stable MSP Client Base

NorCal ISP Seeks Strategic Acquirer for a Stable MSP Client Base

Location:

CONFIDENTIAL

Asking Price:

Competitive Auction Format

Cash Flow:

$180,000 (Assumes strategic acquirer, could be more depending on buyer circumstances….)

Gross Revenue:

$263,159

EBITDA:

N/A

FF&E:

N/A

Inventory:

N/A

Established:

2000

Employees:

N/A

Business Description

We’re representing an ISP that wants to niche-down and focus on the core business opportunity and divest a stable, solid book of MSP clients that just need a little TLC to keep the MRR flowing.

Clients are on a mostly standard MSP model of monthly recurring subscription (~$16k/mo) based support and management based on number of workstations, servers, network devices and tablets/phones focused mostly on automation and remote work, but also includes some onsite project work for upgrades or migrations to new hardware as needed in normal tech refreshing or migrations to cloud software.

They also charge monthly or yearly for cloud file storage, backups, and firewalls subscriptions. Most hardware they mark up ~20% and software 30% to 40%.

NDA is required for comprehensive first round package crafted by ProNova Partners.

Detailed Information

Facilities:

Relocatable, ideally serviced by local presence in NorCal.

Competition:

Very fragmented marketplace.

Growth & Expansion:

Plenty of opportunity to cross-sell other services EXCEPT ISP services as this is the Seller’s core business.

Financing:

If the price and deal structure {and valuation parameters} are on point we’re open to creative scenarios so long as it includes a significant
tranche in cash at close as a requirement to be a viable bid.

Support & Training:

As needed to provide continuity of care of the client base and high retention for the Buyer hopefully.