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Project Wyvern

Acquire this $23M Western Canada Cybersecurity Reseller.

Project Wyvern, a leading provider of cybersecurity product and services in Western Canada, represents a
unique opportunity for a strategic or financial partner to infuse growth capital and scale operations through a
share purchase transaction.

WHY CONSIDER A MERGER?

See below for key investment criteria.

Leading provider of Palo Alto Networks equipment in Western Canada as a NetWave Platinum Partner, Certified Professional Services Provider (CPSP), and Cortex Specialized Partner

Growing managed security business with MSSP offerings, retainer, and prepaid services for cybersecurity service offerings.

97% of revenue is derived from long-term repeat customers, providing predictable revenue from loyal customers.

Blue-chip clients in energy and business service markets in Western Canada, with established C-Suite relationships, drive repeat revenue and opportunities to upsell and cross-sell additional services

Current investments in additional sales positions and marketing will drive future growth.

TRANSACTION EXPECTATIONS

This is an opportunity to acquire Project Wyvern in a share purchase transaction. The ownership group seeks a strategic or financial partner to infuse growth capital and scale the company’s operations while enhancing client and staff advancement opportunities. This move is also part of a broader strategy to diversify the owners’ investment portfolio. The ownership is willing to continue with the acquiring firm during a transition period.

KEY BUSINESS LINES

Managed Services: managed cybersecurity services on a subscription service, offering fixed deliverables on a fixed schedule for a term

Professional Services: cybersecurity focused architecture & design, assessment & remediation, integration & deployment, IT security consulting & road mapping & educational workshops

Value Added Reselling: offering product, equipment, subscription, or licensing of leading cybersecurity providers including Palo Alto Networks, Critical Start, Mimecast, KnowBe4, Cisco, HPE, Microsoft, and others.

Staff Augmentation Services: dedicated cybersecurity-focused technical resources used on a fixed, predefined schedule

REVENUE AND ADJUSTED EBITDA

About Revenue Rocket and the process for Project Wyvern

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 Wyvern 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. 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 Wyvern 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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