IT Services Prime Contractor serving CA State Dept - Business for Sale
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IT Services Prime Contractor for CA State Departments
CA, US
Added 9 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 government clients through multiple contract vehicles.
Key Information
Asking
$12.0M
Revenue
$10.0M
Earnings
$1.9M
Multiple
6.3x
Key Highlights
- Business has been operating for over 10 years
- Provides IT services including Cyber Security, Cloud Solutions, Project Management, IT Staffing, and Software Development to California state government clients
- Holds four contract vehicles including TDDC MSA for IT at Tier 3 with a $5M project limit
- Maintains a small W2 employee staff with additional contractors
- Subleases 1,000 square feet of space, with about half of the employee staff working onsite and the rest working remotely
Contact Info
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