IT Companies available for Mergers & Acquisitions

Following are few of the IT Companies that are available for mergers and acquisitions: 

 

01020701 – East Coast Area Company – All Direct Clients. 9 States as clients. State of Georgia / CAI, State of Indiana / CAI, State of Iowa / CAI, State of Idaho / CAI, State of Virginia / CAI, State of Delaware / CAI, State of Arkansas / CAI, State of Mississippi / Knowledge Services, and State of Michigan / Knowledge Services. All the MSAs are up to date and current. No resource working. Looking for $200,000 as sale price. 

 

01020912 – Midwest Area Company - $20B Healthcare Company primary vendor with $20M+ business in the past 6 years. Other clients include Infosys / Apex 2000, NTT Data with VMS, Modis with VMS, State of Connecticut, State of Oregon, State of Colorado, and City of Atlanta. VMS with Covendis and Vector. 22 candidates on billing. 5 on W2 (2 H-1Bs, 2 US Citizen, and 1 H4/EAD), 2 on 1099, 1 Freelancer and 14 C2Cs. Current annual revenue is more than $4M. Hourly gross margin around $516.  Looking for 4200 times hourly gross margin or better offer with 70% down payment and balance paid in 6 months with 90% guarantee. 

 

01020912 – SaaS Product: $100M revenue potential SaaS product. This product will empower teachers with collaboration and management tools to manage all their activities. Facilitate students to carry all their learning experience. Allow Parent to keep tract of their children progress. Looking for $400K or the best offer. 

 

01031410 – Consumer Website - This is a consumer-based website to sell event tickets, classified and deal & coupon and gets commission. This website is already running for the last 4 years. It has a good presence in the USA and now a growing presence in Canada and India. This website is in a top 3 for selling Indian events tickets in the Northeast USA. This website has Registered Users: Around 4000 & Subscribers: Around 35000.  2019 revenue around $95,000. Expenses $32,000. Gross margin $63,000. The seller is looking to sell this website for $50,000. All paid at closing.

 

02012024 – TX Company – Providing Professional Services focused on IT Infrastructure, Cloud Services, Security and Digital Consulting. 12 consultants on billing. 1 on H-1B. Stratesfy, ADA and API are Direct Clients. Approved vendors to Parkland Hospital (Shiftwise VMS), Toyota (RFP), NTTA (Portal Access) and DFW Airport (Portal Access). Signed up in 2021 for

5 years SOW worth upto $10 with around $2M guaranteed every year. Total yearly Revenue around $2,700,000. Gross yearly margin around $1,000,000. Looking for 3.5 times EBITA as sale price. High growth potential. Minority Certified. HUBZone Certified. TX State Government with Prime Vendor relationship for IT Staffing. Federal Contracts. GSA IT 70-IT Professional Services (Awarded Feb 2021. Valid for 10 years with 5 years extensions per period). Experienced Business Development and Accounts Management Team in place to take care of existing and new clients. Seller will stay for smooth transition. Willing to provide 12 months guarantee. Buyer to pay the fee.

 

02130320 - CT Area Company – All Direct Clients. Clients include Cooper Surgical, Fuji Film, Yale, Waterworks, LLS, Presidio. 8 consultants on billing. Yearly Revenue around $1,500,000. Gross yearly margin around $390,000. Looking for 2 times annual gross margin as sale price. 80% down payment at closing and balance paid in 6 months. The single owner seller is willing to stay with the buyer and manage the business to grow. 

 

03131410 – Northeast Area Company - Company Sale – 8 Candidates on billing. 7 candidates on W2 and 1 is C2C. 3 on H-1B and 3 on OPT (Picked in the lottery). 3 new candidates got picked in the lottery to join on October 1, 2022. More than $1M annual revenue. Around $91 hourly margin. Looking for 3200 times hourly gross margin as sale price. All paid at closing. Buyer to pay a fee. 

 

04032201 – Southeast Area Company is a small and minority owned IT Services Provider and an Oracle Gold Partner. Oracle EPM Shop. Many Direct Clients. Company with well-established practice areas in Business Process Transformation, Cloud Strategy, Oracle Cloud, Application Development and Maintenance Services (ADMS) and IT staffing. Getting the Infosys vendorship (Pontoon VMS). Direct vendor to Trans Canada Energy (Procom VMS). Established in 2009. Come with the complete back-office team. Average yearly revenue for the past 4 years has been around $1,000,000. Average EBITA is around $125,000 per year. Ongoing support payments per month is $5000 from nine projects. Currently bidding on $300,000 worth of projects and $25/hr gross margin staffing. Looking for four times EBITA. Owner will help for a successful transition.

 

05042201 – Eastern Area Company Federal contracts company. Services offered include Cybersecurity, Digital Solutions, Occupational Safety and Health, Environmental Solutions, Engineering Support and Scientific Program Support. 18 active contracts. With a value of more than $25M over the next few years. Rebidding value $50M and New Bids value $91M. Contract Vehicles: GSA MAS: 512110, 541219, 541518, 541611, 541614SVC, 541620, 541810ODC, 541850, 561920, 611430, 611512, and OLM, OASIS SB Pool 1 and NIHCATS. Prime Contracts with EPA, HHS, DoD, DOL, DOI, DHS, and DOT. ISO 9001:2015 for Quality Management Systems, and ISO 20001.  Estimated 2021 gross revenue around $5M. Estimated 2021 EBITA is around $1M excluding sr. management labor. Looking for 6.5 times EBITA as sale price. The seller is willing to stay and help in transition.

 

07070126 – Southwest Area Company – 11 Years in Business as an online, self-paced IT Training Provider with B to B and B to C Customer base. Create, Stream and Distribute Certification training courses delivered by a global base of technology experts. Turnkey platform can be used to produce and distribute for any field. Specialize in bringing the classroom in life online, only better by providing online self-paced knowledge transfer courses with instructor support. Exclusive self-paced provider of IT Asset Management Certification. Recognized by top experts as best in class ITIL Curriculum. Areas of expertise ITIL, ITAM, Data Center Infrastructure Management, Course Production and Outstanding Customer Service. Company owns all IP, ITIL Community Forum, Subscription based Platform and exclusive provider of IAITAM Online. Over 50 Courses including Agile, Business Relationship Management, COBIT, COBOL, Data Center, DevOps, I/O & Storage, IT Asset Management, ITIL V3, ITIL 4, Linux, Project Management, SAP BusinessObjects, SIAM, USB and VeriSM. Resellers including ProTech, Learning Tree and StormWind. Customers include ERSTES Group, Microsoft, infor and Cerner. 2021 revenue is around $422,227. Average EBITA for the past 4 years is around $108,500. Looking for $275,000 as the sale price. $175,000 paid at closing and balance paid at $10,000 per month for 10 months. The owner will stay and help with transition and growth for 10 months. 

 

09030301 - CA Area Company – Direct Clients only. 10 consultants on billing. 2 US Citizens on W2 and 8 C2Cs. No H-1Bs or OPT/CPTs. Direct Client include Extreme Networks, Johnson & Johnson (MSA to work with more than 300 companies under J&J umbrella), Paypal, Move Inc and Realtor.com. Yearly Revenue around $1,700,000. EBITA is around $390,000. Looking for 4 times EBITA as sale price or best offer. 100% payment at closing. No guarantee. Buyer to pay the fee.

 

09161410 – Northeast Area Company – 40 candidates on billing. Java, Salesforce, Python and DevOps Developers. 12 candidates on H-1B and 28 on OPT. 14 candidates got picked in the lottery for H-1B. 5 OPT candidates on bench to come with the company. Current revenue run rate is more than $5,000,000. The hourly gross margin is around $688. Looking for 3500 times hourly gross margin with 6 months or 3250 times hourly gross margin with 3 months guarantee or 3000 times with no guarantee. 75% down payment at closing and balance paid after the guarantee period. For the no guarantee option balance payment will be paid upon successful transfer of all the MSAs and POs. 

 

09222024 – TX Area Company – Product Company. Learning Management System. IT Consulting Services, IT Training, Cloud based LMS Software using React UI / MySQL Technology. Product highlights: Instructor login, upload training content / video, create and send Quiz. Student login, test taking, results.  Admin login, management, Reports. Mobile compatible. 20-minute 2-part video demo, code preview available. Complete Minimal Viable Product (MVP) stage but have not taken on any clients yet.  Upon sale, 3 months technical support available. Use Cases for software: Onboarding training for new hires.  Annual internal training for employees on IT security best practices, AML, Business conduct etc.  Send screening tests to new applicants. Incorporated in 2014. S Corp based in Texas. Asking Price: $100K (immediate sale, no shopping option), or best offer over $70K ($2k deposit with 1-month shopping option).  Company only w/o software $50K.

 

14140320 - CT Area Company – 55 consultants on billing. Direct Clients include Cloud Elements, Zora Inc, United Global Technologies, Mars Solutions Group, The Akanksha, Synertech, Inc. and The State of Delaware. Tier 1 clients include Judge, Tek Systems, Disys, Rose International, Randstad, Cohesion, Royal & Ross, Capstone, 22nd Century Staffing and Whitridge. Yearly Revenue is around $6,300,000. EBITDA around $1,000,000. Looking for 4 times EBITDA as sale price.  Buyers must pay the fee.

 

16090809 – Indian Company – IBM Gold Business Partner. Well established, 5 years old services company with ISO 9001: 2021 certification, having IBM Gold Partnership in India and registered office in WY, USA. Organization with four primary lines of business: Software Reselling, IBM Cloud, Consulting, IBM Services and JS Full stack services. Total 57 + skilled employees on direct payroll, capable of delivering enterprise level, complex solutions using IBM Integration portfolio, IBM WebSphere, JS Full stack & IBM Cloud. A dedicated R&D team focuses on new software releases, integration Methodologies, develops reusable modules and follow new trends. Having customer focus in Digital Transformation of Banking Finance and Insurance (BFSI), Media & Entertainment, Supply chain and Education sectors. Provides solutions, support & maintenance, managed services, and staffing. Served 130+ customers worldwide and continuous revenue from 25. Recently Initiated RedHat, Oracle and VM Ware Practices. Continuously doubling Y-o-Y revenues and for the trailing 12 months is around INR 20 Crore. EBITA around INR 2.3 Crore. The expected valuation is 10 times EBITA. Looking for a majority partner who will help to grow the business more.

 

16130301 – Bay Area Company – All Direct Clients. FinTech Company - Direct MSA’s with clients like PWC India, Cisco   App Dynamics, Zoom, Citrix, Genesys, Splunk, Zuora, TIBCO, Zoosk, Telenav, A10 Networks, etc - 45 Billable Resources (30 Offshore India & 15 Onshore USA) . Specialize in Revenue Recognition & Management Solutions. Gross Annual Revenue 2021 at $3M. Projected Gross Annual Revenue 2022 is around $4M. EBIDTA around $700,000. Looking for 5 times EBITA as sale price or best offer. 70% down payment and balance paid in 6 months. 90% guarantee. Huge opportunity to scale revenue by addressing IT requirements of all existing customers using the current MSAs.

 

16161903 – East Coast MSP offers a full suite of managed Private cloud (equipment owned in 2 data centers) and on-premises IT services providing exceptional reliability and maximum flexibility to your business while safeguarding client intellectual asset – data. Services include Managed Private Cloud Computing (Equipment Owned in 2 data centers), Cloud Backup & Disaster Recovery, Desktop as a Service, IT Support—Help Desk, Email Services, Microsoft 365, Managed Network, Managed Servers & Desktop, Managed Voice Services (VoIP), Security Awareness, IT Consulting.  Supports > 100 customers. This year's revenue will be around $2M in revenue with around $1M in EBITA. Next year's revenue will adjust down as top customer coming off books with an adjusted EBITA of ~803k. Looking for 4 times EBITA as sale price includes server/storage/firewalls & HAAS equipment. Cash deal preferred previous seller finance challenges were challenging.

 

19062024 – TX Company – 8 consultants on billing. 4 on H-1B. 2 on H4 EAD and 2 on CPT. Mostly Java and Python candidates. Yearly Revenue around $1.000,000. Gross hourly margin around $106. Looking for 2500 times hourly gross margin as sale price. 70% paid at closing and balance paid upon completion of the successful transfer of all the MSAs and POs. Buyer must pay a fee.

 

19190320 – CT Company ServiceNow Bronze Partner. 25 candidates on billing. 19 candidates on bench. No H-1B, some with TN Visas and some Mexican Citizens. 2 Direct Clients and good Tier 1 clients. Survey, Key Marketing Advantage, Volteo, LNT Infotech and AIM Consulting. Offices in US and Mexico. Complete back office in Mexico, including recruiting, HR and accounting. Total yearly Revenue around $3,240,000. Yearly EBITA is around $550,800. Looking 1.3 times revenue as sale price or Best Offer. Will provide 12 months guarantee. The seller will continue to stay with the company for 12 months and help to develop and grow the business.

 

NearShore / Niche Technology Company For Sale

 

If you are looking to jump start operations from a NearShore location, and bringing TN consultants from Mexico to the US, this Niche Technology company is a MUST-HAVE strategic company.

 

About the company

Our company was created in 2012, when Mexico was not even in the radar of the IT industry in the US. Landing projects in the US was extremely tough in an India-dominated market, what is why the strategy of the company was based on choosing technology niches that would allow us to enter the market where the people were scarce.

Following this strategy allowed us to position ourselves with clients and developers as innovators.

 

About the founder

Before founding our company, our founder and CEO was leader in the biggest NearShore companies in Mexico, and with an extraordinary capacity to create alliances between Mexican, American and Indian companies alike.

Now, with more than 25 years in the tech industry, our founder is a well-known and respected person in the field.

 

Why Mexico now

Right this second, Mexico is gaining an enormous edge in the US Market for many reasons:

  1. It provides a fresh source of highly qualified talent for US projects.
  2. Having the same time-zone with the US allows remote projects to be executed seamlessly and at a lower Total Cost of Ownership.
  3. USMCA allows for 4-year visas issued with NO CAPS.
  4. The best and biggest companies are landing in Mexico and are looking for high-quality partners (IBM, Accenture, Infosys, TCS, etc.).

What type of buyer can get the best gains with this purchase

This purchase is strategic for a buyer who needs to start and ramp up operations in Mexico and who does not want to invest 2 to 3 years to learn the trade.

The company has been growing as a Niche company and now has the capacity to scale up based on the structure, process, and knowledge.

With the right investment, our company can 10x over the next 2 to 3 years.

Our Numbers

  • 25 Consultants in Billing (Most of them Niche Skills).
  • 2 End Clients, one of them with enormous potential.
  • 270K USD in Monthly revenue.
  • 30% Gross Margin.
  • 17% EBITDA.
  • 1 ServiceNow Partner Certification.
  • 20 Visas available on bench to market.
  • Solid Bench Sales Team (4).
  • Solid Recruitment Team (5 and capacity to scale to 10 or more).
  • Fantastic Mexico and US HR and admin team.

 

Our Expectations

We are looking for a strategic buyer with the following characteristics:

  1. Eager to enter into the Mexican Market.
  2. Who can benefit from a new source of talent?
  3. Who is willing and able to scale up?
  4. With a strong leadership who can add also talented leaders to their organization.
  5. Who sees this as a strategic purchase?
  6. 1.3x Revenue as purchase price (4.2 MM)

 

Our Guarantee

As skin in the game to ensure that the new buyer see´s the value in the purchase we offer:

  1. 50% Down payment
  2. 50% in 12 months
  3. 12 months guarantee
  4. CEO willing to stay for 12 months continuing to grow the company and assisting your current team to grow.

Please refrain from offering if:

  1. Only looking for an asset purchase.
  2. This is not a strategic investment for you.

Revenue can be exponentially grown if:

Here are some things that can add tremendous value after your purchase:

  1. Add Niche Technologies – So far we have focused ourselves to work on 3 Niche technologies. If you add more to the portfolio, Recruitment capacity can increase tremendously
  2. If you have clients who can work with people located in Mexico for a lower rate, this can increase exponentially your business offerings.

If you can exploit better our ServiceNow Partner Certification. Offering services directly to ServiceNow and other clients.

 

19110612 – SE Area Company – Working thru many Tier 1 vendors like ARTech, Infinite, Collabra, DXC, BC Forward, Photon, kForce, TekSystems, and TechMahindra – Doing business in various countries including Italy, India, USA, UAE and Pakistan, with registered offices. 30 consultants on billing. Mostly with IBM on long-term contracts. Yearly Revenue is around $3,770,000. Gross yearly margin around $1,540,000. Looking for the best offer. Down Payment 50%. Balance paid in 6 months. Will provide 6 months guarantee for 90% of gross margin. Only vendor working on IBM placements thru ARTech in Italy. Have special arrangements with all the vendors to place C2C resources. The seller will continue to work for 6 months to make sure of a smooth transition.

 

19202301 – West Coast Area Company Sales Performance Management Consulting Company. Direct Clients include T-Mobile, NetApp, ZoomInfo, Infinera, LinkedIn, Sumo Logic, vmware, Lennox, Bausch + Lomb, City National Bank, Capital One, Tektronix, Auth0, Bitsight, Simplot, Crown Castle, Bloomenergy, JABIL, Mitel, Akamai, C3.ai, Vivint. PayPal, Yext and Continental. 75 Employees. Providing Strategic Consulting, Technology Consulting, Selection, Platform Implementation, Training, Post Implementation, Managed Services and Software Sales. Reseller to SAP, Jedox and Varicent. High growth potential. More than $9M in 2021 revenue. Around $2M EBITA. Looking for 6 times EBITA as sale price. Will help in smooth transition.

 

20090912 – Midwest Company – SAP Partner – Projects and Placements – Many Direct Clients, Implementation Partners, SOW Clients and Tier 1 Client for Projects, implementation, Managed Services, Contract and Full Time Placements. Opportunities – 30 candidates on billing. H-1Bs and other status and some C2C. Annual Revenue around $6,250,000. Annual Net Margin around $826,000. Looking for a partner who will acquire the majority shares in the company and help to grow at 4 times Annual Net Margin as valuation. 

 

22042024 – Midwest Company – Many direct clients including FedEx, Wright Medical, Top Rx, Incapsulate, Stratosphere Quality. Many Tier 1 clients including Hexaware, Infogain and Nagarro. SOW Projects and Placements. Software Consulting firm with strong focus on niche areas of Oracle Business Intelligence (OBIEE), Oracle Business Intelligence Applications (OBIA), RPA, Professional Staffing Services, Software Development, IT Systems Support, SEO Solutions, Pay Per Click, Social Media Marketing, Website Development, iOS / Android App Development, Utility Industry Offering, Microsoft and Software Development. Strong player in the Oracle Business Intelligence space and is focused on delivery following Oracle’s best practice approaches and methodology. Providing end-to end Consulting, Development, Support and Managed Services in the field of Oracle Business Intelligence and associated technologies and helping right from Technology selection process to implementation. Providing blended model of resourcing which includes a mix of On-site & Offshore resources thereby ensuring successful delivery at low costs to their customers. The current yearly revenue run rate is around $4.5M. The gross margin is around $1M. EBITA is around $820,000. Looking for a good partner who can help in growing the existing clients and expand. Expecting $2M for 60% of the Shares. Buyers must pay the fee.

 

22200301 – Bay Area Company – 55 consultants on billing. 43 C2C consultants. 12 consultants on W2 (9 on own H-1B, 2 on USC and 1 in GC). Primarily working for Direct or Tier 1 clients only - HCL (VMS), Brillio (VMS), UST Global (VMS), IDC Technologies (VMS), Square, Instacart. Vendor-ships in discussion includes IBM (currently working via routing arrangement), Accenture (currently working via routing arrangement), Wipro (currently working via routing arrangement), Closed Loop and others including Hexaware (VMS), L&T (VMS), City of Oakland, Guidewire, Magna & Manitowoc. Different exceptional skills. Total yearly Revenue is around $10,000,000. Gross yearly margin around $1,500,0EBITA around $1.3M. Looking for 4.5 times EBITA or best offer as sale price. All paid at closing. Fully structured and process oriented off-shore team of 45+ associates – including manager, leads, recruiters, accounts & HR and very minimal on-site overheads. Working on expanding offshore to 100+ resources during second half of the year and then add more customers. The owner is available to lead the team for 3-6 months on an agreeable compensation basis, if required. The buyer must pay the 1% fee.

 

22080301 – Bay Area Company – 44 consultants on billing. H-1Bs, TNs, USCs, GCs and EADs. Direct Clients include Google (Global Contract with Portal Access in progress), Global Marriott / VMS, HP Enterprise, Equinix, Western Digital (VMS), Sonicwall, KLA, E*TRADE, and WePlus. Indirect Clients include Facebook, Apple, and Intuit. Yearly Revenue, running rate, around $8,400,000. EBITDA is around $1,852,477. Looking for 4.3 times EBITDA as sale price. 70% down payment and 30% paid quarterly with 12 months guarantee. Buyers must pay the 1% fee.

 

I would appreciate it if you could refer to the company that you tried to acquire but did not. I may be able to find a buyer for that company. Thanks in advance for the help.

Contact Us Today!

Contact:

 

Global 1 Company, Inc., 

Frisco TX 75035.

(Phone) 469-444-0560 

(Fax) 469-444-6460

ravi@global1company.com

 

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