Acquiring MSPs, MSSPs, and IT Services firms with 60%+ recurring revenue seeking a secondary exit in three to five years.
Project Starhopper: Acquiring Firms
Project Starhopper is a unique partnership that allows IT services leaders to retain distributions and equity value in their local businesses while gaining access to the platform’s EBITDA in a rapidly growing environment. Local leadership and culture remain unchanged. The entire thesis is built on local management teams running a great business with the support of a financial and technical partner.
CEOs can return to running their business as Project Starhopper offers back-office support across growth and operations, business intelligence, HR and recruiting, business development, internal technology, and finance and accounting functions.
As a partner in the Project Starhopper ecosystem, you’ll have access to deep industry expertise and capabilities across cloud, cybersecurity, and networks while sharing best practices with like-minded leaders. You’ll enhance national coverage with a deep partner network while building strategic relationships with top-tier channel partners.
Project Starhopper is built on a proven history of aggressive partnership experience, which has created over $3.5 billion in equity value in eight short years.
Who we are looking for:
Geography
United States
Revenue & EBITDA Range
$5-25+M in Revenue
$750K+EBITDA, ideally between $1M-5M+
Culture
Your culture stays the same
Your team stays the same
Management team stays and grows the firm
Technology
IT Managed Service Provider (MSP)
Managed Security Service Providers (MSSP)
Network management
Cybersecurity services
IT services with recurring revenue
CONSIDERATIONS FOR MERGING WITH PROJECT STARHOPPER:
The group has vast experience in M&A deals, completing an acquisition a month across portfolio companies. They are incredibly efficient & effective partners.
Owners continue with the firm, operating on a stand-alone basis, collecting local profits while still participating in upside equity upon a secondary exit.
Starhopper provides national-level back-office services, allowing owners to focus on running the business
Starhopper brings meaningful capital, scale, and better back-office support to CEOs.
Opportunities for Sellers
Take one bite at the apple now while you continue to grow your business, with a second bite being with a diversified, scaled, (30M+ EBITDA) growth platform valued at a much higher EBITDA multiple
Acquire back-office expertise in HR, technology, and finance. Technology teams are supported by state-of-the-art AI developed by top investors in leading AI firms.
Continue getting local profit distributions while growing the firm
Keep your secret sauce, and your team, to support growth
About Revenue Rocket and the process for Project Starhopper
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 Starhopper is of interest to your firm, here’s how the process will begin:
First, we’ll schedule a preliminary call with Revenue Rocket to learn about 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 Starhopper leadership team through an introduction meeting, putting you in touch with the group 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. To learn more, book a time with Revenue Rocket or fill out the form below.