Project Iris is acquiring MSPs and MSSPs looking to be part of something bigger.
Project Iris
Project Iris an emerging technology service provider focused on consolidating and growing technology service and technology service provider agencies. They are seeking Managed Service Providers (MSPs), or Managed Security Service Providers (MSSPs) between $5-$10M in revenue.
Project Iris is focused on guiding businesses through the dynamic landscape of technological solutions. They are acquiring foundational companies who would like to retain equity and grow together as part of collective ecosystem.
This firm is funded by a family office with limited partners, ready to deploy capital The goal is to quickly grow to $25M in revenue and continue with multiple acquisitions.
Who we are looking for:
Geography
United States
Ideally, the lower 48 states
Central time zone preferred
Revenue
$5-10M in revenue
60-70% recurring revenue
Culture
Remote Workforce
Growth Focused
Industry Expertise
Technology
MSPs
MSSPs
In house network security/SOC
CONSIDERATIONS FOR MERGING WITH PROJECT IRIS:
Equity Participation and Upside Potential: Project Iris utilizes equity as a critical component to the transaction, providing owners with a stake in the future growth and success of the combined entity. This can result in a significant financial upside as the scale increases. You’re not Acquisition 87; you’re on the ground floor and building from the start.
Strategic Alignment: Project Iris is agile and forward-thinking, focusing on innovation. This creates opportunities to integrate into a dynamic, high-growth environment where your expertise and assets can significantly impact growth and strategy.
Leadership Opportunities: Owners will be invited to play a leadership role in shaping the firm’s direction, leveraging experience to influence strategy and operations. This creates new growth path opportunities for employees looking to expand beyond their current role while offering stability for the future.
Cultural Synergy: Project Iris’ collaborative and entrepreneurial culture should align well with leaders looking for a creative and fast-paced environment post-transaction.
Focused Growth Strategy: Project Iris is laser-focused on expanding offerings, market share, and geographic presence. This allows the seller’s business to be a key growth driver within a leaner, more ambitious organizational framework.
Strategic Vision and Differentiation: Project Iris is pursuing a bold, differentiated strategy by using emerging technology and processes to address client concerns. This offers you a chance to be part of an innovative platform rather than just another piece in a large, established corporation’s portfolio.
Enhanced Market Position: Joining a high-growth start-up can elevate your market presence and relevance, particularly in competitive or evolving sectors like technology services.
THE BUYER: an emerging technology service provider focused on consolidating and growing technology service and technology service provider agencies.
- Project Iris is funded by a family office with limited partners, ready to deploy capital
- Project Iris allows MSPs to layer in current expertise in a national expansion of firms.
- High levels of equity participation, allowing owners to take chips off the table while participating in future gains
- The team has demonstrated industry experience in equity roll-ups and MSP operations
About Revenue Rocket and the process for Project Iris
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.
If Project Iris is of interest to your firm, here’s how the process will begin:
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.
After signing the NDA and learning more, we will introduce you to the Project Iris leadership team through an introduction meeting, putting you in touch with the team responsible for making this project a reality.
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.
Revenue Rocket is evaluating firms for this mandate today. Please let us know below if you’d like to learn more: