Revenue Rocket's Shoot the Moon Podcast is a valuable resource for IT services leaders considering an exit. This blog captures several concepts outlined throughout our podcast, focusing on selling your firm. 1. Get the whole team … and the right team … together from the beginning:...
Selling your business might not be a goal that’s on the table now or a goal that you ever plan on achieving - but it should be. Even if selling your company isn’t an option, operating the business as if someone might buy it at...
Having an advisor with your industry's experience is critical when picking a firm to help you through the murky waters of M&A. For tech-enabled firms, an advisor like Revenue Rocket which specializes in IT services and has been getting deals done for IT services for...
Recently we have come across a few deals that were adversely impacted by a firm's decision or oversight to adjust rates to at least maintain gross margin parody over the last year. The issue has caused companies to take Gross Margin and Gross Profit losses,...
Smaller IT Service Providers are Being Scooped Up by Larger Ones As large IT service providers build out their software and business models, it becomes easier to consume smaller managed service providers and strengthen their customer base. While consolidating markets is inevitable in mature categories, it...
Why NOW is the time to sell! Collectively we have seen a sharp spike in the cost of capital as it relates to federal banking rates for both consumer and business lending. This has resulted in downstream increases across the financial buyers and investors within our...
We often start our business meetings with the proverbial “do we have an NDA in place” but when it comes to having discussions surrounding potential business combinations it goes beyond sharing trade secrets. It can cost you dearly to haphazardly ignore this critical step. In...
The Shoot the Moon Podcast Series by Revenue Rocket Listen in as we navigate the in’s and out’s of IT Services M&A We invite you to subscribe and listen to our Shoot the Moon podcast series for IT Service companies like yours. In each episode we dive...
Here we are again at the end of a calendar year, reflecting on our learnings from another twelve month hustle. While we saw significant growth in almost all IT Services sectors we saw extra special momentum in mission-critical categories like cyber security and the managed...
At Revenue Rocket a fair amount of our clients fit into the category of managed service providers or MSP’s as we in the industry refer to them. The category focuses on providing business and enterprise clients with predictable and scalable solutions for managing all facets...