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Hardware And Software Company Acquisition
Location: United Kingdom -> Birmingham
Industry: Manufacturing > Computers and Electronic Equipment Manufacturing




Business Summary

For sale a successful IT company, a supplier of hardware, software peripherals and IT support services. It is based in the Midlands, although the client base is national. The services are aimed at the corporate, education and small to medium-sized business markets. The company has an established supplier and customer base with 84 plus active clients.

The Owners wish to work with a larger acquirer to realise the full potential of the business. They are prepared to look at the option of an earnout and all the Directors are willing to continue their present roles after a sale.

The company has been established since 2007and has steadily grown to achieve a turnover just under £3 million and an operating profit of around £230,000. The assets in the company include a property and are worth in excess of £700,000.

The business is operated by the directors who are full-time hands-on in the business. In total there are 8 staff.

The unique selling points of the business are:

Pre/Post Technical Sales
Dedicated Account Management available around the clock
Technical Solution Architects
Single point of contact


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700361169
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