Established MSP Offering High Recurring Revenue in DFW

With over two decades of experience, this company delivers managed IT and security solutions to both residential and commercial clients in the DFW region. Initially focused on basic support, it has evolved to serve a varied clientele, including small to mid-sized businesses. The transition to subscription-based, long-term contracts has led to nearly 80% of revenue being recurring. The business has thrived primarily through referrals, with minimal marketing expenditures over the past decade. A dedicated team ensures exceptional customer service, reflected in a 4.9-star Google rating. The owners are actively involved in daily operations, from sales to billing, and utilize a robust technology stack for efficient service delivery and cybersecurity. Notably, the largest customer represents only 7% of total revenues, minimizing revenue concentration risks. The current owners are seeking to retire and hand over the business to someone who will maintain the high level of service that their longstanding clients expect. Key investment highlights include strong recurring revenue, a loyal and diverse customer base, ample growth potential, and a prime service area.