IT Services Firm Serving State and Local Govt. - Business for Sale
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IT Services Firm for State and Local Government in California
CA, US
Added 7 months ago
IT and Tech Services
10 years in business
Retiring Owner
IT services firm based in California providing cyber security, cloud solutions, project management, IT staffing, and software development to state and local government clients through multiple contract vehicles.
Key Information
Asking
$16.5M
Revenue
$10.0M
Earnings
$1.9M
Multiple
8.7x
Key Highlights
- Business has been established for over 10 years
- The firm serves state and local public entities in California through four contract vehicles, including TDDC MSA for IT at Tier 3 with a $5M project limit
- Services provided include Cyber Security, Cloud Solutions, Project Management, IT Staffing, and Software Development
- The company maintains a small W2 employee staff and utilizes a broader staff of contractors
- The business subleases 1,000 square feet of space, with about half of the employee staff regularly working onsite and the rest working remotely
Contact Info
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