Established IT-managed service provider across 100 clients
Headquartered in Melbourne with an offshore team in India
IBM, Redhat, Mulesoft - Gold Business Partner since 2012
Financial services and government clients with a strong mid-market launchpad base
Overview
Asking Price: $1,500,000
EBITDA: ~$300,000
Annual Recurring Revenue: ~$1,000,000
Deal details
Given the powerful business sentiment in Australia today, and forecasted growth in many of its industry segments, Project Blue is at the tipping point of becoming a substantial player in the small to mid-market segment with the potential to accelerate into a first-tier supplier of Hybrid Cloud solutions to large corporate clients.
This is an excellent opportunity for an internationally established business to enter the prestigious Australian market and gain immediate benefits:
Strong brand name and well-earned reputation in the market
Strong profitable install base
Existing annual recurring revenue stream
Existing high-value, high-margin sales pipeline
Business plan to cover 3-year growth
Current and ongoing partnership with IBM Gold Business Partner
Current and ongoing partnerships with Mulesoft, MBS, RedHat, and others
Ability to transact on the Australian Government panel
