Description
OFF-MARKET ‘Q4 2024
IT Managed Service Provider (MSP) in South East Asia
Bangkok, Thailand
Seller Financing if the price and deal structure is right.
Asking Price: $3,500,000
Cash Flow: $1,160,000
Gross Revenue: $3,010,000
EBITDA: $580,000
FF&E: $150,000
Inventory: N/A
Established: 2003
Employees: 37
Business Description
This Managed Service Provider was founded 19 years ago and is still run by the founder. The firm has strong local traction and a robust crew of reliable employees.
The company has strong, consistent revenues and continues to see opportunity to grow in the region and emerging markets nearby. Additionally, the owner is willing to help with an extended transition consulting agreement if desired.
Included in the sale are two legal entities, based in South East Asia.
NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Offices are based in Bangkok, Thailand. The employees are currently on a hybrid work format, but with Covid restrictions lifting in Thailand, there is an opportunity to move if desired.
Competition:
The space is lacking strong local competition. There are large multinational companies with operations in this part of the world, but typically an opportunity of this size would be more of a potential partner, than a competitor.
Growth & Expansion:
There is opportunity to expand internationally into other developing countries nearby, expand service offerings, or target new customer segments in the existing regions. Many businesses want to have a robust IT network and rely on the expert services from this opportunity.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
The Seller is open to a one-month transition and is willing to agree to a longer consulting contract if desired.
Reason for Selling:
Other business interest