The company is a value-added reseller of IT, medical, and security products & solutions exclusively to various U.S. federal and state government departments.
Key Aspects:
· Two decades of industry history and has long-term trust built with vendors and customers
· Strong performer in value-added resale space with high barriers to entry for contract schedules
· Strong historical financial performance regardless of economic factors such as government shutdown
· Dedicated and skilled employees expected to remain with the company
· Long-term software contracts and repeat customers ensure high levels of recurring revenue
Opportunities:
· Easily scalable for rapid growth given additional bids on contracts or new government departments
· Expansion into commercial markets can increase margins on resale
· 40% of business is currently set-aside contract funding, which can be expanded
· Turnkey business easily maintained or grown
Headquartered:
· Southern, United States.
Current Markets:
· The company primarily provides IT, medical, and first responder products and services to various federal and state government departments throughout the United States.
Real Estate:
· The company operates 100% remote; a physical office is maintained for correspondence purposes. Post-sale, the business is expected to be capable of operating from any location.
Shareholder Objectives:
· The two equal shareholders of the business are seeking an exit. Both are open to various deal structures as well as a negotiable transition period in order to facilitate a transaction.
Financials reflect 2022 drafted numbers as the company is in the process of closing its books also does not include any year end adjustments.