Acquisition Target – IT Managed Services – Enterprise space – Sydney, Melbourne, Canberra, Adelaide and/or Perth.
Abba Group has a buyer mandate to find appropriate target businesses in the IT Managed Services Industry for acquisition for a listed ASX Company.
Ideally the Organisation will provide both On-Prem and Cloud based IT managed services to Enterprise clients. Potential investment available between AUD$1M-$20M.
The potential acquisition target will ideally have:
- Revenue of between $2M and $50M per annum
- Previous 3 years historical operational profitability (EBIT) trading history
- A history of solid client retention, ideally with recurring revenue stream(s)
- Premises located in Australia (preferably Sydney, Canberra, Melbourne, Adelaide or Perth)
- Management/ownership looking to exit OR looking for an investor to take an equity stake.
- A clear plan for organic revenue growth
- Ability to accelerate growth with the right investor and/or new owner
- Infrastructure security and network monitoring along with other related cyber security services
Our buyer is ready to move quickly and will provide the opportunity for a small to medium businesses to add value not only through investment dollars but potential knowledge and systems including Boards appointments to help achieve growth. Alternatively, retirement or exit is also an option.
If you are an Owner please contact Antony Dutton for a confidential discussion to further explore the opportunity to join an ASX listed company and the potential opportunity this can bring.
If you are an Advisor and have a company that may fit the criteria, please contact Antony Dutton on 0412 778 259.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4282918#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4282918#enquire-now
Annual Rent : Not Disclosed - Weekly Rent : Not Disclosed
Annual Turnover : $10,000,000 - Weekly Turnover : $192,308
Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed
Annual Ebit : $1,000,000 - Weekly Ebit : $19,231
Franchise : No
Reason for Sale : Company looking to purchase in the IT Managed Services Sector
Location : Sydney, Melbourne, Canberra, Adelaide and/or Perth.
Business Potential : Company looking to purchase in the IT Managed Services Sector
To enquire about this listing, please fill in the form below.