20+ year IT veteran (currently an Enterprise Cloud Architect) looking for an MSP/CSP/TSP/MSSP to acquire. Been in the market for 4 years. Trying Reddit to see we can avoid the broker BS--I think we all know I mean. No offense to any brokers.
Looking for an MSP with between $500,000 and $750,000 in Adjusted EBITDA. Really FCFF but Adj EBITDA being more of the industry standard we'll stick with it as a close enough proxy.
4.0x to 6.0x target multiple but that's not etched in stone for the right business.
Minimum 10 employees. Low churn.
Goes without saying that the business must not need the (current) owner. Relationships transferrable, etc.
No client contract representing over 10% to