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 11 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 prime contract vehicles.
Key Information
Asking
$12.0M
Revenue
$10.0M
Earnings
$1.9M
Multiple
6.3x
Key Highlights
- Business has been established for 10 years
- The company serves the California state government as a prime contractor through four contract vehicles, including TDDC MSA for IT at Tier 3 with a $5M project limit
- Services 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
- They sublease 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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