#101451r Seeking to Acquire Managed IT business in Greater London Area

Our client is a successful, fast growing Managed IT Services provider in London, that for the past 10 years has established itself as one of the front runners in providing technology related services to SME’s in different sectors such as architectural, postproduction, engineering, interior design, branding, marketing and many more. At this stage, our client is currently looking to follow on their proven growth strategy by acquiring a Managed IT Services business which offers similar services, located in the Greater London Area.

 

Ideally the target should be an established business with positive cash flow and a high percentage of recurring revenue from a strong client portfolio. The ideal acquisition target should also have the following attributes:

 

  • EBITDA up to £500,000;
  • 15 to 30 employees;
  • Retainable 2nd tier management

 

Our client is ready and able to make an acquisition quickly and certainly in the next three to six months.

 

Key Information

Primary Business Activity Managed IT Services
Turnover

£1,500,000 – £3,000,000

Location Greater London
Re-Locatable Flexible
Existing Staff Retention Yes

 

 

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