Project Hera

COMPANY OVERVIEW

Revenue Rocket represents Project Hera, a leading provider of cloud services and IT services for sale by its principal owners. The Midwest-based company, with $1.98M in EBITDA and $4.5M in recurring revenue, offers cloud services for data storage, disaster recovery, backup, collocation, networking, and IT services.

There has never been a better time to grow through an acquisition.

WHY CONSIDER A MERGER?

Excellent financial condition

60% gross margins with 37% EBITDA margins ($1.98M)
$4.5M (89%) in annual recurring revenue
Previous capital investments offer additional customer capacity at low onboarding costs

Long term contracts and customer

Solid, long-term customers with exceptional financial positions
36-month contracts
$7.5M of committed contractual revenue
Proven success with documented case studies and testimonials

Top-tier equipment and service offering

Services offered in Tier 5 data centers in partnership with Switch
Tier 1 support handles all levels of issues paired with exceptional white glove service
High-performance hardware with massive potential for scalability

TRANSACTION EXPECTATIONS

This company is seeking to be acquired by a strategic or financial investor while the ownership team exits the business after a transition period. The management team and employees are willing to stay with the acquiring company to grow and maintain sales and operations capabilities. Cash is preferred at close, but alternative deal structures may be considered.