A high-income consulting company for sale. The firm operates in the IT field and develops rapidly thanks to the constant expansion of its client base. The company provides a huge range of IT services for clients working in insurance, industrial and legal logistics.
Location: Pennsylvania with a subsidiary office in India.
Staff: 60+
Services: implementation of specialized IT products, technology transformation, introduction of the SMAC stack, testing and development of various applications, and more.
A couple of years ago, the company’s management began preparing the business for an economic downturn in the near future. This was done due to the fact that operations in the United States were optimized and their own offshore center for delivery was developed in India.
From the moment the company entered the US market, the company’s revenue increased to $ 6+ million. EBITDA is $ 1.77 million. The COVID-19 pandemic is not expected to have a significant impact on the company’s earnings.
The company is looking for a buyer who would have sufficient financial and strategic capabilities. The current owners are going to continue working during the transition period.
Opportunities for a potential buyer:
- Stable, constantly growing and profitable business
- Using a scalable business structure
- Loyal customer base
- Technical staff with the highest qualifications
There is approval for SBA funding.
For details: Julia.z@eternitylaw.com / Telegram @juliazhil
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