mercodealMidwest it services, $1.9M EBITDA
Project Hoosier · #G-0093

Managed IT services, Indiana.

Illustration of the main siteIllustration of the operations floorIllustration of the shipping buildingIllustration of the front office
Real photos after NDA
Illustrations · site kept confidential

MSP serving 180 SMB clients on monthly contracts

Founded 2007 · 46 employees · revenue $9.8M · EBITDA $1.9M

Founder & CEO, 19 years

Wants to roll equity into a larger platform.

  • 68% monthly recurring

    Average contract of 3 years, net revenue retention 108%.

  • Security practice

    SOC and compliance add-ons, 21% of MRR.

  • Deep bench

    COO and service delivery manager in place.

Managed services provider for healthcare, legal and manufacturing SMBs across Indiana and Ohio. 68% of revenue is monthly recurring. Security add-ons have grown to 21% of MRR.

What's included

  • NOC, tooling and RMM licenses
  • Leased office in Indianapolis
  • Reviewed financials, 3 years

Financials

RevenueAdj. EBITDA

From connected QuickBooks · 6 add-backs reviewed · 3-year revenue growth 8% a year

Where it is

Indiana. Exact city after NDA.

~25 mi area

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