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Key Information

Turnover: c. £1M

EBITDA: c. £100k

Industry: IT

Number of employees: 14

Contact: marius@chelseacorporate.com

IT Service provider based in Greater London, offering various technology services to SMEs and the education sector.

A significant portion of the revenue (in excess of 50%) is generated from recurring contracts with the balance being project work.

Over the years the company has taken on a number of clients in education that have provided both repeat work as well as referred new business. At this moment cca 50% of the clients are in education the rest being SMEs.

There is a management team in place capable of running the company that would look to carry on post acquisition.

The owner is preparing a planned exit with a view to retire.

 

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