Business Headline : Are you thinking of selling your IT/Tech/Services Business? | ID: 714
Price range : $500,000 to $5,000,000 Category : Computer/IT, Tech, SAAS, Internet, Communication, Professional, Services
ABBA Group has a number of buyers looking for IT and Tech or Managed Services business opportunities to purchase.
As of late 2018 and early 2019 we have multiple interested buyers enquiring about our tech services transactions in Australia with a price range of $500,000 to $5 million.
The buyers we are in contact with have parameters for acquiring tech services businesses either as a standalone business or as growth opportunities for expansion of existing businesses.
These prospective purchasers range from experienced tech individuals to well established tech companies.
Below are some of the key points of interest for potential purchasers. Businesses with one or more of these criteria are of interest:
- Tech services
- Managed services
- Tech implementation solutions
- Tech one stop solutions
- Second and third tier ICT
- Software
- IOT
- Cloud based highly desirable
- Cash flow positive
- Recurring revenue
- Revenue $1M- $20M
- Customers with various digital needs
- Low cost, high growth opportunities
- Realistic expectations of EBITDA multiples
- One or more locations, or spanning geographical locations Australia wide, or cloud based – operate from anywhere
If you are considering the sale of your business with one or more of the above criteria, we would like to share with you the areas of interest from buyers we are currently in contact with.