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Project Black Sparrow

***PROJECT BLACK SPARROW HAS CLOSED IN A SUCCESSFUL TRANSACTION***

Acquire this $19M West and Midwest United States Managed Service Provider (MSP)

Project Black Sparrow is a unique opportunity to acquire a leading IT Managed Service Provider in the Western
United States, with headquarters in the Pacific Northwest, generating $19M revenue and $3.8M EBITDA in
2023 with projections of $20.5M revenue and $4.4M EBITDA in 2024.

Project Black Sparrow is an ideal candidate as an MSP platform for growth

Over 2000 clients, 90 employees, and 72% recurring revenue. Key investment criteria includes:

Unique Large Scale Managed Service Provider 

  • $20M in 2024 evenue with consistent 20%+ EBITDA margins 
  • Geographic leader in the West and Midwest US

Minimal Customer Concentration Risks

  • 2000+ billing customers across the Western US, with 250 managed IT clients
  • No customer is more than 2.5% of total revenue 

Proven acquisition experience paired with in-organic growth 

  • Strong sales and marketing with proven methodologies
  • Proven acquisition experience for platform investment potential

Strong efficiencies with a global workforce 

  • NOC, delivery, and back-office support from Manilla, Philippines, from a whollyowned subsidiary 
  • Embracing remote work and reducing offices 
  • Enterprise financial and operational systems 
  • 90 tenured staff with an average of 7+ years working at the firm and a collective 690+ years of experience at the firm 

In-Demand, high-value services 

  • Cybersecurity 
  • Managed IT & Cloud 
  • Networking, VoIP, and Carrier Services 

TRANSACTION EXPECTATIONS

This is an opportunity to acquire Project Black Sparrow in a debt-free/cash-free transaction. The current ownership has held this investment for 19 years and seeks to diversify financial holdings while seeking a financial or strategic buyer. A strong management structure is in place for each practice area, and the ownership is willing to continue with the acquiring firm and roll equity as desired to ensure the firm’s growth and profitability.

KEY BUSINESS LINES

Project Black Sparrow’s capabilities include:

IT Managed Services:

  • IT support: 24/7 service desk 
  • Dedicated vCIO 
  • Network & Server Management 
  • Hardware & software resell
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Cybersecurity:

  • Threat Management 
  • Compliance 
  • End-user security training 
  • Remediation & defense

Managed Cloud: 

  • Private cloud offerings 
  • Hybrid cloud strategy development

 

VoIP & Carrier Services 

  • Unified Communication and hosted VoIP Solutions 
  • Carrier services with 200+ carrier providers  

Professional Services 

  • IT Consulting 
  • Project management & delivery

REVENUE BY CATEGORY

About Revenue Rocket and the process for Project Black Sparrow

For more than two decades, Revenue Rocket has been dedicated to assisting IT service companies in both selling their business and expanding through mergers and acquisitions. As experts in the field, we understand what it takes for businesses in this rapidly evolving tech services industry to succeed. Because each company has unique needs and goals, we offer a customized program tailored to your firm’s specific requirements.

Look at our current deals to get a sense of the esteemed businesses we currently represent.

First, we’ll schedule an introductory call with Revenue Rocket to understand your firm and M&A goals. Following this call, we will establish a non-disclosure agreement (NDA) to ensure that sensitive information remains secure. Once the NDA is in place, we will provide you with a confidential information memorandum (CIM) with more detailed information.

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After sharing the CIM and learning more, we will also introduce you to the Project Black Sparrow leadership team through an introduction meeting, putting you in touch with the team responsible for making this project a reality.
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With our extensive expertise and proven track record in the IT service industry, we are confident that we can help your firm achieve its goals and reach new heights of success. Please reach out today to get started.

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