Companies available for Mergers & Acquisitions & Investments

The following are a few of the IT Services Companies that are available for mergers and acquisitions:

01070301 – CA Company – Mostly direct end-clients. Very long-established company. Providing IT Services and Solutions. Around 55 consultants on billing. 5 H-1Bs. Around 25% of billable candidates are on W2 and the rest are C2C. Many Direct Clients include commercial - large, medium, and small businesses, as well as government. 30+ active accounts. Certified CMAS, MBE, and HUB business. Minority status is not required to continue business with clients. Long-term assignments. The current revenue run rate is over $11million. The current hourly gross margin is over $1,100. Looking for 4200 times hourly gross margin. 70% paid at closing and the balance paid in 6 months. Will provide a 6-month guarantee for 90% of the sale price.

"Received LOI for 4000 times hourly gross margin with 6 months guarantee as sale price. 70% paid at closing."

03090301 – West Coast Area Company – Direct clients include IBM (Global), Wipro, and TechM. Very long-established company. 119 Candidates on billing. 52 on W2 (37 on H-1B). 8 on 1099. 56 on C2C. 2023 revenue was more than $11.4M with AEBITDA around $1.8M. The Current revenue run rate is more than $19.5M. The current AEBITDA is around $2.15M. The seller is looking for 5 times AEBITDA as valuation. 70% paid at closing and the balance paid in 6 months. The seller is willing to stay as a minority share holder.

03190912 – Midwest Area Company – Very long-established company. The company is a premier technology consulting & staff augmentation firm that serves a diverse, global client base. Clients include Big 4 accounting firms, $2.5T AUM investment managers, IT / Digital service providers and consultancies, contract research organizations (CRO), and university-affiliated healthcare systems. Offers permanent search, direct hire, contract, and contract-to-hire recruiting services. The revenue for 2024 was more than $34M. The adjusted EBITDA is more than $3M. Looking for 7 times adjusted EBITDA as the sale price. 

04200612 – East Coast Area Company – Many direct clients including State of CT, State of AR, State of FL, State of ID, State of IA, State of GA, State of IN, State of ND, State of HI, State of NM, State of VA, State of MN, State of MS, State of TX, State of FL, State of KS, State of OK, State of SC, Oakland County MI, UMass Chan Medical School, Miami-Dade County Public Schools, Broward County Public Schools, Manatee County Public School, Metropolitan Washington Airports Authority and West Virgina Lottery. Good Tier-1 clients like Selecion, CAI, Beacon Hill and Dhirsticon. 35 candidates on billing. 30 on H-1B. 25 more H-1B got picked in this year’s lottery. Skills include SAP TM, Data Scientist, DevOps and Peoplesoft. The current annual revenue run rate is around $5M. The hourly gross margin is around $650. Looking for $3M as sale price. 70% paid at closing and balance paid in 6 months with 90% guarantee.

04132024 – Midwest Area Company – Many direct clients and Cognizant. Clients include Leading Insurance Broker, International FinTech Client, Healthcare Solutions Provider, Multinational Hospitality Company, Consumer Electronics Manufacturer, Highest end luxury retailer, Major global technology company, Multinational IT consulting and outsourcing company, NTT Data, BNSF, and others. 190 candidates on billing. 103 onsite (98 on W2 and 5 C2C) and 87 offshore (70 on W2 and 19 C2C). 60 on billing with direct clients and 135 on billing with primary vendors. Comes with full back office. 4 onsite and 16 offshore. The current revenue run rate is $24M. The current hourly gross margin is $2950. The seller is looking for 4200 times the hourly gross margin as the sale price. 70% paid at closing. Seller Note 30% will be paid at the end of 12 months if there is revenue growth of 20% in one year. If there is only 10% growth in one year, then 20% will be paid at the end of 12 months and balance 10% will be paid after 24 months. If there is only 0% revenue growth in 1 year, then 15% will be paid at the end of 12 months and the balance will be paid after 24 months. Motivated Seller. The buyer must pay a fee.

"Received an exclusive LOI for 4200 times hourly gross margin. 70% paid at closing and balance in 12 months." 

05192024/24190701 – Two small companies – One of the companies is in the East Coast Area and one in the South-Central Area. 24 candidates on 25 projects. Many on long-term projects. ChanceLight and 2-10 Home Buyers Warranty as direct clients. Very good Tier-1 clients including Hays/Cognizant Consulting, Insight Global, ARTech, Cirrus Labs, DAICS Global, UBS, Agile, Populus and Oakland. The current revenue run rate is around $4M. The current hourly gross margin is around $225. The seller is expecting 3800 times the hourly gross margin as sale price with 70% paid at closing and balance paid in 6 months with 90% guarantee. The buyer must pay a fee.

"Received LOI for 3800 times hourly gross margin with 90% guarantee as sale price. 70% paid at closing."

08091410 – Mid Atlantic Area Company – Onsite / Near Shore / Offshore model staffing company. Big vendor to Insight Global and Infosys. Other clients include CAI, Eliassen, Experis, JSM Consulting, kForce, Link Technology Group, M9 Consulting, Mitchell Martin, Sogeti USA, State of MI and State of NJ, TEKSystems, and UST Global. More than 180 candidates on billing. 63 are in the USA (56 on W2. 40 on H-1B. 1 CPT. 6 H-4 EAD. 4 OPT and 5 US Citizen. 1 on 1099. 4 on C2C. 2 Pass throughs). 89 are in India. 21 are in Mexico. Others are in Canada and Brazil. 2 more H-1B candidates on bench in the USA. Excellent back office with only one manager in USA and the rest of the team in India. The current revenue run rate is more than $13.75M. The hourly gross margin is more than $890. The seller is looking for 4500 times hourly gross margin as the sale price. 70% paid at closing and balance paid in 6 months with 90% guarantee.

"Received LOI for 4300 times hourly gross margin with 6 months guarantee as sale price. 70% paid at closing."

09190912 – Midwest Area Company – Real Estate Accounting and IT Staffing Services. All direct clients. More than 24 active clients. 180 professionals worldwide. 100 professionals dedicated to the KPO function. ISO 9001:2015, ISO 27001:2013 certified. Yardi approved vendor. Long established. More than 26 years in business. Established offshore team for the past 25 years. The company offers exceptional quality business solutions in Property Management and Accounting disciplines to Single & Multi Family Residential, Student Housing, Commercial / Retail, and Senior Living Housing. Providing services to 30,000 Single Family Residences, 120,000 Apartments, and 100+ Commercial Units. Huge potential for growth with more than 44M rental properties in the USA. The global property management market is projected to grow from $15.10 billion in 2021 to $28.21 billion in 2028 at a CAGR of 9.3% in the forecast period. All the existing management agreements are renewed every year. The company provides IT Staffing Services to current clients. 2024 expected revenue is around $4,853,200. 2024 AEBITDA is around $2,053,089. Projected 2025 revenue is $5,020,000 with AEBITDA of $1,937,500. The seller is looking for 4.5 times AEBITDA as the sale price. Very much Motivated to seller. 70% down payment at closing and balance paid in 6 months. The owner is retiring.

12210301 – West Coast Value Added Reseller Company:

• Certifications: GSA Schedule, WOSB, HUBZone, CA State SB, CA CMAS, DBE, MBE, GSA - IT in progress, 8A in Progress, Texas CMAS in progress.

• Focus: Federal, State Government, and Commercial Contracts

• Established: 2014

• Specialties:

  • Procurement of equipment in major technology fields: networking hardware, software, telecommunications, construction materials, and heavy-duty rental equipment.

  • IT and Healthcare Staffing with SSA and VA Departments

  • Development and integration of innovative business solutions

  • Management consulting services

  • Technology services for the Public Sector, including the Defense Logistics Agency (DLA)

  • Telco Services for Federal Agencies

• Clients and Contracts:

  • Executed around 725 contracts with Federal agencies (DoD, DHS), state governments, municipalities, and major U.S. cities.

  • Prime contractor to SSA and the State of CA

  • Contracts with Motorola, DoD, DHS, and OCONUS for TELCO Services

  • 90% of business from prime contracts

  • Upcoming IT GSA Schedule, 8A, LA COUNTY MSA, DCAA within the next few months

  • Staffing contracts with RANDSTAD (active) and CBRX (active)

  • Approved for several H-1B visas, with more filings this year.

• Financials:

  • 2024 Revenue: $8.5 million

  • 2024 AEBITDA: $767,377

• Sale Information:

  • Asking price: 3.5 times AEBITDA

  • Payment terms: 70% down payment, balance paid over 12 months

  • The seller is willing to keep 20 to 25% of the shares in the company and continue to help with the growth of the company.

• Operations:

  • 35 well-trained staff members specializing in public sector procurement, services, and full-fledged recruiting

  • 90% of operations in autopilot mode with a cost-effective offshore team handling RFP/RFQ responses, skill analysis, etc.

  • The owner will assist with the transition, depending on Buyer's situation

16202201- South Atlantic Area Company - Federal Contract company providing services to AHRQ (Agency for Healthcare Research and Quality, annual budget $10B+), CMS, Department of Defense and Department of Energy. They are CMMIDEV / 3. The company’s annual revenue is around $10M and $1.3M EBITDA. Strong back log (More than $16M in 2025), recompete and new businesses. Mostly prime contracts. The owners are part time with President running the show. The President will stay with the company. Looking for 6 times EBITDA as sale price. Negotiable. 70% paid at closing and balance paid in 6 months. 

18040914 – Midwestern Area Company – All Direct Clients. Engineers and Designers Staffing Company. The company is an engineering services company offering solutions in CAD, CAM, CAE, CFD, & EV-BATTERIES SPECIALIST, to leading Automotive Industries worldwide. A very long-established company. All current direct clients include Navistar (Traton R&D) (Fieldglass), Honda (Fieldglass), Fermi Lab (emails), and Contechs (UK, with virtual office) (emails). The past direct client’s contracts include North America Lighting, MAGNA-VEHMA, and SYLVANIA / VALEO. This company has established a dependable track record of delivering top-tier talent to its reputable clients and offers contractor hiring, project based hiring and permanent hiring services. Great growth and expansion opportunities. Potential to expand into IT Staffing with all the existing and past clients. Many requirements from the clients all the time. Currently we have 5 candidates on the projects. 3 W2. 2 on H-1B. 2 on C2C. The current revenue run rate is more than $830,000. The current hourly gross margin is more than $90. Looking for $500,000 as the sale price. 70% of the payment paid at closing and the balance paid in 6 months with 90% guarantee. The seller is willing to help with the smooth transition. Very motivated seller. The seller is retiring.

19022024 – 3 Assets for Acquisition – 3 candidates on H-1B. Good Tier-1 clients like e-Zencomp, Atika Technologies and Datalab Infotech. Skills include Data Engineers. The current annual revenue run rate is around $385,000. The hourly gross margin is more than $42. Looking for 3800 times hourly gross margin as sale price. 70% paid at closing and balance paid in 6 months with 90% guarantee. Open for 3000 times hourly gross margin valuation with no guarantee.

19091301 – East Coast Area Company – Long Established Company. Direct Clients, including one of the leading multinational media and entertainment providers with portal access, many Tier-1 vendors with VMS, System integrators, and staffing partners. Candidates with an average of 10 years of experience in high-value IT skills like Oracle ERP (EBusiness Suite (EBS) and Java/UI skills). The average bill rate is $93/hr with an average margin of $19/hr. 42 consultants on 46 projects. 30 on W2. 28 H1B’s. No OPT/CPT or H-4 EAD. 32 more H-1B candidates in the pipeline. Comes with complete back-office offshore operations teams for recruiting, sales, and immigration. The current revenue run rate is more than $8.3M. The current hourly gross margin is more than $800. The seller is looking for 4000 times the hourly gross margin as the sale price. A 75% down payment at closing and the balance paid in 6 months. A 90% guarantee.

19181410 – Successful MSP – Providing focused SaaS Implementation (e.g. SalesForce), PaaS Development (e.g. Azure, Power Suite), Cloud-Native Product Engineering (e.g. UI, UX, Engineering), and Quality Engineering (Strategy, Tooling, CoE, Managed Services, etc.). Partnered with Salesforce, MS Azure, Katalon, Tricentis, AWS, et al. 89% of the work is with one client who has more than $500M IT annual budget. Still have 2 years in the multiyear contract with near certainty for renewal. Over 90% growth in revenues over the last 3 years. 2024 revenue was more than $22.8M with EBITDA of $6.1M. The 2025 1Q revenue was more than $6.2M with EBITDA of more than $1.7M. Looking for 4 times the annual EBITDA as the sale price. Motivated seller.

19220301 – CA Product Company - One stop website to educate international students about various universities and programs in USA, Canada, and Australia. Students save time by entering application details once and applying to multiple universities with just a few clicks. Company has partnered with many universities across USA, Canada, and Australia to make it easier for students to apply to multiple universities. Once an application is submitted at the company website, it will be sent in real time to the university admissions committee for processing. The buyer can grow this business 10X by onboarding partnerships with more universities. Additional value-added services to the sourced students, like training, etc. The buyer can leverage the leads coming through this platform and use it to attract OPT/CPT students for your consulting business. You get a lot of traffic for the website, so this can be monetized by selling ads to the universities or trainings, or you could be a Google Ads partner. A lot of potential to increase the website traffic. A Canadian-based company, Applyboard.com, works like this website and grew to a multi-billion-dollar business. You can also convert this to a true SAAS business like Adventus.io. 9M page impressions and 256K page visits from Google search in 2023. 1300 student registrations in 2023. 2023 revenue is more than 87K. 60% net margin. Looking for $500,000 as valuation.

20051410 – East Coast Area and India Company – Long-established company. Providing customized talent acquisition solutions to clients. Providing Full-Time Hiring, Contract Hiring and SOW based work. Prime vendor to 3 of the Big Six Indian Big Tech companies.35+ clients in USA and India. The USA MSA includes Virtusa, Persistent, Hexaware, and L&T. The Indian MSA includes Fujitsu, UPS, Oracle, Satyam Ventures, Birla Soft, ACS, CapGemini, and Jade Global. The Company provides talent solutions across USA, India, and UK-EU. The company also has training services. Also, Campus & Off-Campus hiring solutions. The company owns the database ATS system with around 400,000 candidates. The 1^st year potential revenue in India is more than INR7 Cr and in India is more than $1.8M. Currently 3 candidates are on billing.  The current hourly gross margin is $29. Looking for $1.1M as the valuation for all the 35+ active MSAs that the company has. 70% paid at closing and balance paid in 6 months.

"Received an exclusive LOI for $900,000. 60% paid at closing. Balance paid in 6 months."

20182024 – Texas Area Company – This company is a Certified SBA 8(a) and EDWOSB/WOSB/MBE organization based out of Texas founded by well-experienced certified IT architects. The company offers a wide range of development services—application development, Risk Management and Compliance, Program Management, Digital Transformation, Reporting & Analytics, Outsourced Software Product Development, Social Media and Consulting to clients. Although the company supports commercial clients in a wide range of industries, their primary focus is on healthcare and finance-related systems and technologies. The company has also worked with large government integration firms in support of Health Care Claims Processing Systems, CRM, Invoice Payment and Processing Systems, as well as federal, state, and local government projects. The company has prime vendorship with Virtusa, Deloitte (TX State), State of Florida (ITSAC), State of Texas (ITSAC), Birlasoft, Infinite, Infosys Public Services, and Galaxy Systems. The company has MSP/VMS vendorship with Hitachi, Cognizant (Hays), HCL (Vendorpass), Knowledge Services (State of Michigan), and CAI (States of NJ, VA, GA, IN and NC). The company has State contracts with State of Texas AI and Services, State of Texas COTS, State of Florida ITSAC Staffing and State of Texas ITSAC Staffing. The company has partnership and reseller agreements with Pegasystems (Reseller), Snowflake (Reseller), Databricks, UIPath (Reseller), Blueprism, Unqork and Amplelogic. The revenue in 2023 was around $13M, and the AEBITDA was around $1.7M. The revenue in 2024 was around $13.4M. Looking for a larger organization to partner with. Willing to give up to 75% of the shares to the right partner at the valuation of 6 times AEBITDA. Will continue to stay in the company and develop.