Select Transactions

We are helping sellers with revenues in the <$1 million to >$200 million range or buyers in areas such as: IT Services, Managed Services, Systems Integration, VAR, Software Applications, ERP, Mobility, Collaboration, UC, Cloud Technologies, SaaS, Cybersecurity, Networking, Data Center, Audio-Video, ISP, IT Staffing, Monitoring, Document Management, Digital Marketing, and other technology areas.

South Atlantic Area Company – More than 30 years established company. This company is providing quality cyber security consulting, IT professional  services and Workforce solutions that support federal, state and local contracts. The company has Top Secret Clearance. The company is a certified Small Disadvantage Business. Certified by MDOT (Maryland) and Virgina SwaM. All the business is earned as an SDB. The Company is teamed with Link Technologies to get SEWP VI NASA GWAC, to team with SEWP Primes or go after direct government business. The Company is eligible to submit a new application to GSA Schedule 70 GWAC that lapsed in 2024. The Company is listed in SAM.gov. The Company has applied to many Vendor Registration sites. The Company has the Secret Safeguarding capability. The Buyer will be introduced to the Leidos-HireGenetics Manager. The Buyer must be an US Citizen to get the DoD Clearance and eventually Top Secret Clearance. The Seller will sponsor. The Buyer will be listed as the KMP (Key Management Personnel). The current clients include Leidos (HireGenetics – NRC, DOJ, FAA, Energy, HUD, CA State, CIA, DOE, SSA, C1N ) with Fieldglass access, AT&T (USAF BIM, DIA SITE III, VA), SNAP (Prince George County), Lockheed Martin (RMS, INTEL, USPS), TechBlue (SOCOM, Accenture Gen AI), Link Technologies, CGI, Accenture, GDIT, IBM, ClearAvenue, and GovCIO. A total of 13 candidates on projects. All are US Citizens. Two with DoD clearance. The current revenue run rate is around $1.4M. The current hourly gross margin is more than $115. The seller is looking for $575,000 as sale price. 70% down payment and the balance paid in 6 months with 90% guarantee.  The seller is willing to stay in the company and help the buyer to grow the business with his Top-Secret Clearance. Very motivated seller.

"Acquired for $950,000 on the 8th day of listing. Received 4 offers and 3 LOIs. 70% down payment and balance paid in 6 months with guarantee.

Texas Area Company – Good Tier-1 clients. Exceptionally good skills. 10 candidates on 11 projects. 7 on H-1B and 3 on OPT (2 got picked in this year lottery). The current revenue run rate is around $1.57M. The current hourly gross margin is more than $108. Looking for 3300 times hourly gross margin as sale price. 70% paid at closing and balance paid in 6 months with 90% guarantee. Motivated seller. The buyer must pay a fee.

"Acquired for 2800 times hourly gross margin with 70% down payment and balance paid in 6 months with 90% guarantee.

Bay Area CA Company – Good Tier 1 Clients including CAI (Portal), Randstad (Portal), Clear Point, Disha, Akkodis, Strategic Staffing Solutions, and Open Computing. Candidates are working at State of NJ, State of DE, State of PA, FedEx, PA State of Polic, and many others. 23 candidates on billing. Only 6 on W2. No H-1B or OPT or CPT. The current revenue running rate is more than $3.2M. The current hourly gross margin is around $250. The seller is looking for $750,000 as the sale price. 70% paid at closing and the balance paid in 6 months with 90% guarantee.

"Acquired for 3000 times hourly gross margin. 75% down payment and balance in 6 months."

CA Area Company – All Direct Clients. 6 consultants on billing. 2 US Citizens and 1 H-1B on W2, 1 on 1099 and 1 C2C. Direct Clients include Extreme Networks (Staffing SOW) and Johnson & Johnson (Staffing SOW). Cargil for Full Time placements. Recent and Past clients include American Express, Paypal, Delta Dental, CISCO, eBay, Kaygen, Enfos, Wells Fargo, Rapid Flow, Move Inc., State of Florida, State of California, and Realtor.com. GSA filing is getting completed. Yearly Revenue is around $950,000. The gross yearly gross margin is more than $285,000. The seller is looking for 3 times the yearly gross margin as a sale price or best offer. 70% payment at closing. Balance paid in 6 months with 80% guarantee.

"Acquired for 2.6 times yearly gross margin. 75% down payment and balance in 6 months."

Bay Area Company. Client's Includes A) HCL, B) Debesys Technologies, and C) Perint Systems. Around 95 candidates are on billing. Around 33 W2s. Only a few on H-1B. Mostly Non-IT Skills. Some IT skills. Good, experienced Recruiting and delivery team. The current revenue run rate is more than $12M per annum. The current hourly gross margin is around $870. Looking for 4500 times hourly gross margin as valuation. 100% paid at closing. Buyer must pay a fee.

"Acquired for 4000 times hourly gross margin. 70% down payment and balance in 6 months."

Southwest Area Company—Established Company. Vontier as Direct Client. Very good Tier 1 clients like Beacon Hill, Broadridge Tech, Caspex, Cloud Wave, HireGenics, People 2.0, TEK Systems, UST Global, Vendorpass, and others. 48 projects. 24 on H-1B, 3 on H4-EAD, and 1 CPT. 7 C2C. 2 on 1099. 4 Others. 10 more candidates on the bench (9 H-1B and 1 OPT). Varied Skillsets. The current revenue running rate is more than $7M. The current hourly gross margin is around $665. Looking for 3200 times the hourly gross margin as the sale price. 75% paid at closing and the balance paid in 6 months. 90% guarantee. 

"Acquired for 3000 times hourly gross margin for H-1B candidates and 2600 times hourly gross margin for others. 70% down payment and balance in 6 months."

Midwest Area Company – Excellent Implementation partners and VMS/MSPs.  Implementation partners include CapGemini, Brillio, Birlasoft, Nagarro, TATA Elxsi, Incedo, and others. VMS/MSPs include Scouts, CAI – Vector (State of VA, GA, FL, AR, CT, ID, IN), CareerStaff Unlimited (12+ Healthcare Clients), Reflik, Prosperix, Knowledge Services (State of MI) and BountyJobs. 12 candidates on billing. 9 on W2 and 3 on C2C. 7 on H-1B. 1 US Citizen and 1 EAD. 10 more H-1Bs in the pipeline. The current annual revenue run rate is around $1.4M. The current hourly gross margin is more than $122. Looking for a majority shareholding partner at $600,000 valuation. Negotiable. 70% payment at the closing, and the balance paid in 6 months. 

"Got a 60% partner at 4000 times hourly gross margin valuation."

East Coast Area Company – Excellent Clients include Artech / JobDiva, Axiom Global, Biocodex, CapGemini (Full Time) / SAP Success Factor, Centraprise, CitiusTech / My Next Hire, CloudMoyo, DXC / BCForward, Qualitest / Workday, Qualizeal, Randstad Digital / iLabor, Rythmos, State of Florida / SAP Ariba and many more. Currently 9 candidates are on billing. No W2. Long term projects. The current revenue run rate is more than $1.35M. The current hourly gross margin is around $87. Looking for $350,000 as the sale price. 70% paid at closing and the balance paid in 6 months with 90% guarantee. The buyer must be a MBE or WBE or DBE. The buyer pays a fee.

"Sold for the asked price and terms."

TX Company – 14 H-1B candidates. 6 on billing.  3 on bench in USA. 3 on bench outside India with stamping done. 2 yet to get stamping done. 3 candidates with I-140 approved. Established in 2006. Very good Tier-1 vendors. Most of the candidates are on long term projects with the State of Florida. Diversified skills. The current yearly Revenue is more than $900,000. Hourly gross margin around $64. Looking for 3300 times hourly gross margin as sale price. All paid at closing. Will bring the candidates in India and the buyer must help to place. Expecting 2800 times hourly gross margin as valuation as the new candidates get placed. Buyer must pay a fee.

"Sold for 3100 times hourly gross margin as sale price. All paid at closing."

West Coast Area Company – Direct Clients include Google (Global Contract with Portal Access in progress), Global Marriott / VMS, E*TRADE, Probodata Group, Tiger Analytics, HP Enterprise, Equinix, Western Digital (VMS), Sonicwall, KLA, and WePlus. Indirect Clients include Facebook, Apple, and Intuit. Around 26 candidates are on billing. Only 5 on H-1B. Mostly SalesForce, Java, and DevOps skills. Good ground Sales & Recruiting team in US and India. The current revenue run rate is $5+M per annum. The current hourly gross margin is around $426. Looking for 4000 times hourly gross margin as the sale price. 70% paid at closing. Balance paid in 6 months with 90% guarantee. The company has many Fortunes 100's direct MSA (with MSP Portal access). The buyer pays the 2% fee. 

"Sold for 4000 times hourly gross margin. 70% paid at closing. Balance will be paid after 6 months with 90% guarantee."

East Coast Area Company – Assets Sale only – Total 36 candidates. 32 on active ongoing projects. 26 on H-1B. 2 on GC and 2 on EAD. 4 more H-1B on bench. Most with I-140. All on 80:20. The Tier 1 Clients include CAI, Insight Global, TekSystems and YOH. The current Annual revenue is around $5M. The hourly gross margin is around $300. Looking for 3500 times hourly gross margin. 70% down payment and balance paid in 6 months. Will provide 90% guarantee. The buyer shall pay a flat fee for the candidates on bench. 

"Sold for 3300 times hourly gross margin. 70% paid at closing. The balance will be paid in 6 months with a guarantee of 90%.

East Coast Area Company – Direct Clients include Medtronic, the global producer of medical devices and therapies. Long established company provides resources from technical programming and engineering disciplines, including Quality, Manufacturing Engineers, Reliability and Design Engineers, to Technical Project and Program Management. 51 consultants on billing. 9 consultants on W2. Only 2 on H-1B. The current yearly revenue run rate is more than $9M. The current hourly gross margin is more than $720. Looking for 4000 times hourly gross margin as sale price. 70% down at closing and balance paid in 6 months with 90% guarantee. The owners are willing to stay and help smooth transition.  

Got Sold for 3800 times hourly gross margin. 70% paid at closing and balance will be paid after 9 months. 95% guarantee. 

Northeast Area Company – All Direct Clients. Citi Group, UMG / Pro Unlimited, ANZ Bank, ConsenSys, Girls Scout of America, Benchmark Education, Interpublic Group / IPG and Park Avenue Finance. 41 consultants on billing. 35 on W2. 6 on C2C. Current annual revenue is more than $7.4M. The current yearly gross margin is around $627. Looking for 4500 times hourly gross margin as valuation. 70% down payment at closing. Balance paid in 6 months with 90% guarantee.

"Sold for 4100 times hourly gross margin. 70% down paid at closing. Balance paid in 6 months with no guarantee."

Texas Area Company - Multiple companies. Around 200 H-1B candidates. 39 candidates on projects. 85 candidates on bench in USA. Other candidates in India. Good skills. The current annual revenue run rate is more than $5.5M. The hourly gross margin is around $380. Looking for 3000 times hourly gross margin as sale price for the candidates on the project. 70% down payment and balance paid in 6 months. The buyer must take over the candidates on bench. Both buyer and seller market the bench candidates. Once the bench candidate gets placed the buyer to pay 3000 times hourly gross margin as sale price with 70% down payment and balance paid in 6 months. 90% guarantee.

"Sold for 3000 times hourly gross margin for the candidates on projects. 70% paid at closing. Balance paid in 6 months. $15,000 paid to all the candidates on bench. $5000 at closing. Another $5000 in 6 months. Balance $5000 after 12 months. $15,000 will be paid to the candidates in India. $5000 will be paid once they come to USA. Another $5000 in 6 months. Balance $5000 after 12 months."

Eastern Area Company – Federal contracts company with Top Security Clearance. Company listed in 2022 as one of the 500 fastest growing companies in North and South America. 200+ Cleared Resources. 75+ Cleared Resources at Top Secret SCI CI Poly and 6+ Resources cleared Full Scope Ply (NSA/CIA). Services offered include Cybersecurity (Identity and Access Management Solutions, Security Monitoring Implementation, SOC Monitoring, and IA), Cloud Computing and Virtualization (SaaS, IaaS, SoftVirt, ITaaS and PaaS), Data Center Monitoring, Application Performance Monitoring, Expert Level Programming Services (Java, Kotlin, Swift, iOS and Android). Employees have Certifications including CISSP, CISM, Azure Solutions Architect, AWS, Google Cloud, Splunk Enterprise Architect and MicroFocus. Software (OEM) Vendor Partners with Dell, Google, CA, MicroFocus, PLAID, Oracle, Broadcom, RedHat, Adobe, Amazon, and Microsoft. Services Teaming Partners with Northrop Grumman, Peraton, ManTech, General Dynamics, Oracle, L3Harris and ECS. Client List include DoD, US Marine Corp, DLA, US Coastal Guard, Department of Navy, DCSA, US Army, Pentagon Force Protection Agency, DNDC, DISA, DoD National Intelligence Agencies, NSA, NRO, NGIA, DIA, CIA, DoJ, NOAA, IRS, Treasury, DOE, DVA, CDC, NIH, GSA, Freddie Mac, Fannie Mac, NYC HRA, and The City of Morgantown, WV. 32 active contracts. With value of more than $11B through 2030. Revenue realized to date since company inception $100M+.  2021 Revenue $31M. Prime Contracts with GSA IDIQ, Oracle, RedHat, Adobe, STARS III GWAC, NOAA and Broadcom. Estimated 2022 gross revenue will be around $36M. Estimated 2022 EBITA is around $2M. 2021 EBITA is around $1.7M. Looking for 6 times EBITA as sale price. 70% down payment. Balance paid in 12 months. 90% guarantee. The seller will leave 30 days working capital. The seller is willing to stay with minority shares and grow the business.

"Acquired for 5.72 times EBITDA. Include $2.7M in AR and $3M in working Capital in the valuation. 50% paid at closing. 25% in 12 months and 25% after 18 months. 90% guarantee. The seller is staying back with 25% share in the company."

01032024 – Assets Sale – 11 H-1B candidates with very good skills. Good Tier 1 vendors. Long term projects. The annual revenue run rate is more than $1.5M. The hourly gross margin is around $100. Looking for 3000 times hourly gross margin as sale price. All paid at closing. No guarantee. 

"Sold for 3000 times hourly gross margin. No guarantee."

Direct Client Company – Primary vendor to Medline Industry. $20M+ business in the past few years. Providing IT Staffing and Managed Services. Having office in USA and India. 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. 32 candidates on billing. 6 on W2 (2 H-1Bs, 1 GC, 2 US Citizen, and 1 H4/EAD), 3 on 1099, 10 in India and 13 C2Cs. 5 more H-1B candidates on bench. 2 in India (one with stamping and other one waiting to get stamped). Current annual revenue is more than $5.2M. Hourly gross margin around $644.  Looking for 4200 times hourly gross margin or better offer with 70% down payment and balance paid in 6 months with 90% guarantee. 

"Sold for 3800 times hourly gross margin. All paid at closing. No guarantee."

Texas Company – Wipro vendor. Also, vendor to ARTech, vDart and IDC. Very long-established company. 15 candidates on billing. One on bench. All on H-1B. The current revenue running rate is more than $2M. The current hourly gross margin is more than $164. Looking for 2800 times hourly gross margin as the sale price. All paid at closing. For the bench candidate the valuation will be paid after the candidate gets placed in a project. The buyer must pay a $1000 fee per candidate. One of the candidates is on the 2nd project. 75% of that margin will be paid to the seller for the duration of the project.

"Sold for 2500 times hourly gross margin. All paid at closing. No Guarantee."

East coast Area Company – Very long-established Company. Providing services in Software Development, Information Security, Microsoft Solutions and Staff Augmentation. Servicing Government, Insurance, Energy/Utilities, and Healthcare Clients. Many Direct Clients. Clients include Aflac/Fieldglass, AMFAM/Simplyfy, Dominion/Fieldglass, Jabil, Meridian/SEDC, MSA, NRECA, PRN, Rollins/Fieldglass, Sogeti, and many others. Many requirements. Around 110 candidates were on billing. Around 40 candidates in India and 70 in USA. Couple of H-1Bs. Well established Offshore outsourcing division has Managed services, Staff Augmentation projects for US clients. Very efficient back office and recruiting team. Around $15.6M is the current yearly revenue run rate. The yearly gross margin is around $3,400,000. Adjusted EBITDA is around $2,200,000. Huge potential to grow leveraging the Onsite Sales team and the current client base and with the potential clients in the pipeline. Looking for $10M as the sales price. 70% down payment at closing and balance paid in 6 months with 90% guarantee.

“Sold for 3.5 time the EBITDA. Acquired by a solutions and managed services company based out of Northeast to expand practices and industry focus. 70% down paid at closing. 20% in 6 months and 10% in 12 months. 6 months 90% guarantee.”

Texas Company – Direct Clients. Clients Include Wongdoody / Infosys, Intellibus, Hexaware and Insight Global. 18 candidates. 4 H-1Bs. 3 OPTs. 4 H-4 EADs. 5 GCs. 2 C2Cs. 19 projects. One on bench. Mostly .NET, UI and Java Developers. Current yearly revenue is more than $2.1M. The current hourly gross margin is around $214. Looking for 3000 times hourly gross margin. Non-negotiable. 70% down paid at closing and balance paid in 6 months with 90% guarantee. The buyer pays $1000 per candidate as a fee.

"Sold for 2800 times hourly gross margin."

Staffing Company Total 31 candidates. 21 candidates on billing. 10 candidates on bench. All on TN Visa. Java and Mobile Technology skills. Current revenue is more than $2.8M. The hourly gross margin is around $371. Looking for 3500 times hourly gross margin as sale price, firm. 60% down payment. 20% after 3 months and balance paid in 6 months. Guarantee covered by the candidates on bench. The seller will provide support for 6 months. The company comes with 1 senior sourcing manager and 3 junior sourcing teams in Mexico. Buyer gets both US registered and Mexico registered companies. Buyer to pay a fee.

"Sold for 3200 times hourly gross margin. 70% paid at closing. Balance will be paid in 6 months. 90% guarantee."

West Coast Company – TCS Vendor. Around 87 candidates are on billing. More than 90% on W2. H-1B, OPT/CPT and US Citizens. Many direct clients and good Tier 1 vendors. TCS, Tek Systems, Global Logic, Uber, Santa Clara County, Claros Analytics, and others. More than $11M in annual revenue. Around $1290 hourly gross margin. Looking for 4200 times hourly gross margin. Comes with complete back office for continuous growth. The owners will help in transition. 70% down payment and the balance paid in equal installments. 90% guarantee for 12 months. 

"Sold for 3550 times hourly gross margin. 70% paid at closing."

East Coast Area Company – Clients include Johnson Controls (VMS/Ariba SAP), AgileOne (VMS/Fieldglass), HCL (VMS/People 2.0), Globant (VMS/Ariba SAP), CapGemini (VMS) and TCS (Tier 1). No W2 employees. All on C2C. 57 candidates on billing. Current revenue run rate $14M. The hourly gross margin is around $1358. Looking for 4500 times hourly gross margin or best offer as sale price. 90% guarantee for 6 months.

"Sold for 4000 times hourly gross margin valuation. The buyer took over 80% of the shares in the company. 70% down payment and balance paid in 6 months."

Texas Company – Healthcare, Education, and IT Services company. All Direct Clients. Aimbridge, BayMark Health Services, Cambium Learning, Cambium Assessment, Centauri Health Solutions, Unifeye Vision Partners, Total Ancillary, Tenet Health, Methodist Health System, Learning A-Z, Healthmark Group, HCA Healthcare, Guardian Mortgage, Daeske, Davis Wright Tremaine, First Financial Northwest Bank, Lancaster Regional Hospital, Lifestyle Plan, Panorama Eyecare, Sunflower Bank, and USPI. Providing services in the area of Healthcare Revenue Cycle and Clinical Applications, Finance and Accounting, Financial Services, Information Technology and Solutions and Human Resources and Recruiting. In the area of Permanent Talent Acquisition, Contract Talent Acquisition, Recruitment Outsourcing and Managed Services. Skill set utilized include EPIC, Cerner, NextGen, Meditech, GE Centricity, Athena, CompuLink, McKesson, MEDHOST, Java, .NET, and others. Current yearly revenue is around $1.92M. Permanent placements around $172,000 and Contract placements around $1,750,000. The hourly gross margin is around $285. Looking for 4500 times hourly gross margin as sale price. 70% paid at closing and the balance paid in 6 months. Buyer must pay the fee.

"Sold for 4200 times hourly gross margin. Seller stayed back with 20% of the shares and employment."

Assets Sale – 7 candidates on billing. All on H-1B, except one TN. All working through Tier 1 Clients. Long term projects. The yearly revenue run rate is around $800,000. The hourly gross margin is around $90. Looking for 2800 times hourly gross margin as sale price. Negotiable. 70% paid at closing and balance paid upon successful transfers of the MSAs and POs. Buyer must pay a fee.

"Sold for 2600 times hourly gross margin. 100% paid at closing."

Asset Sale – 5 H-1B candidates. Most are with AEM (Adobe Experience Manager). Working through good Tier-1 clients. The current annual revenue run rate is $654,000. The current hourly gross margin is $45.57. Looking for 2500 times hourly gross margin as sale price. 70% at closing and 30% after completion of the MSA and PO transfers. Buyer to pay for the H-1B transfer. Buyer must pay a fee.

"Sold for 2500 times hourly gross margin. No Guarantee. All paid at closing."

Overall, the going valuation for H-1B dependent company is around 1.75

 times yearly gross margin without any direct clients. If there are direct clients, then the valuation is around 2.25 times the yearly gross margin. Companies with good direct clients and even if they do not have H-1Bs, are valued around 4.5 to 6 times yearly EBITA. Companies with Products and Projects are valued differently.  (The Gross Margin is calculated by subtracting 1.1 times the pay rate from the bill rate. 1.1 covers 10% direct expenses. Also, any other direct costs like medical insurance, vacation and bonus will be deducted.)