An established IT services firm with over two decades of experience and a team exceeding 200 engineers is reporting $11.1 million in revenue with a 22% year-over-year growth and an adjusted EBITDA of approximately $3.3 million at around 29% margins. Unlike typical project-based companies, this firm acts as a technology partner, integrating into client organizations by managing platform roadmaps and operating as an extension of clients' engineering teams. This approach results in strong client retention; 19 key clients generate 89% of total revenue with an average relationship length of six years, and main accounts are billed between $100,000 and $200,000 monthly. The company experiences low turnover, high switching costs, and annual client growth without significant investment in sales or marketing, relying primarily on referrals and existing account expansion. The delivery team, led by an experienced VP of Delivery and CTO, manages operations across cloud, data, AI, DevOps, and business process automation. The firm is recognized as a Microsoft Solutions Partner in several areas, and its proprietary AI products are available on the Microsoft Marketplace. Offering a subscription-like service without actual software, the firm boasts predictable revenue and high lifetime value clients in industries like financial services, logistics, education, insurance, and healthcare. The owner is looking for a strategic buyer to integrate the firm into a larger platform to drive further growth, with a transition period of 12 to 18 months to facilitate integration, presenting opportunities for margin expansion and leveraging the firm's robust cash flow and efficient operations.
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1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
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