ICT business

Name: ICT business
Brand: Brookz

Managed Services Provider with niche in financial services

For sale: Fast-growing ICT company | revenue: €1.8 mln | Brookz®

Revenue €1.75 million – €2 million

Profit Profit

Sector IT services & software development

Industry ICT businesses

CountryNetherlands

Region Western Netherlands

Province Province

Sold

FTE

Legal form

Type of customers

Client Type

- Seller: Anonymous -

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100% independent platform

Revenue €1.75M – €2M

FTE 6-10

Description

As a Managed Services Provider (MSP), it provides professional IT support and management for SME businesses. Services include:

Modern workplace: a modern workplace with Microsoft 365. This environment is completely in the cloud;
Private Cloud: a custom Citrix workplace in its own data center;
Maintenance and management of IT infrastructure;
Monitoring and incident management;
Backup and disaster recovery;
Cyber security services;
Cloud services and cloud migrations;
Telephony: a cloud-based phone system;
Consultancy: advice and support for IT projects, such as implementing new software or upgrading your hardware.

Details
The MSP services are based on a subscription model. Approximately 77% of revenue is thus recurring and is billed monthly. In addition, the company supplies and installs hardware for its customers from renowned ICT suppliers, including HP and Lenovo. The organization consists of 6 employees, including 3 owners.

The company
The company shows a revenue growth of approx. 30% per year and now serves approx. 80+ customers, mostly located in the Randstad. Approx. 60% - 70% of the customers are active in the financial sector, especially accounting and administration firms.

Opportunities
The lease is terminable on a monthly basis and the company can therefore easily be transferred elsewhere. Owners want to focus on other non-competing activities and wish to sell 100% of the shares. Entrepreneurs are willing to provide a proper transfer. Company is particularly interesting for a strategic buyer capable of further growth and wanting to add or strengthen a niche in financial services.