Sell My Managed Services Provider
Have you been thinking: Should I Sell my Managed Services Company? If so, you should know that there are a lot of companies that would like to acquire your managed services business.
You probably have questions about how you can get the maximum value for your MSP and keep the sale confidential. And, what would be the best procedure to do this?
Steps to Sell a Managed Services Company
The first step is to speak with Business Brokers and M&A Firms that have experience selling MSP's and Tech companies. Most offer free consultations.
Be prepared to discuss your company's unique strengths and challenges. Also, you will want to have your financial information ready so that they can provide you with a potential price for your company. After all, before you can get the maximum price for your MSP, you will need to understand how buyers will look at your firm and what they might be willing to pay.
Finding the right Business Broker or M&A firm to sell your MSP
The next step would be to select a Business Broker or M&A firm that has experience selling MSPs and Tech companies. Firms with experience will have more potential buyers who will drive up the sale price. They will also be familiar with how to market the business confidentially.
They will develop marketing documents to position your managed services provider to attract the right potential buyers for your firm. You will want buyers that can leverage what you have to take your business to the next level. You'll also want a buyer that will be a good match culturally for your employees and customers.
Tech Business Brokers and Tech M&A firms will have an extensive database of potential buyers that will include other Tech companies, Private Equity firms, as well as wealthy Tech Entrepreneurs. You will want a firm to represent you that only gets paid a commission based on your selling price when your MSP is sold. That way, your goals will be aligned with their goals to maximize your price.
M&A Opportunities in Managed Services
The managed services industry is expected to grow from $180 Billion to $282 Billion in the next five years. Potential buyers know this and are willing to pay a premium for profitable growing firms in the managed services industry. Some of the areas of particular interest within the managed services segment are those that work in the following areas:
- Internet Security
- Cloud Computing
- Artificial Intelligence
- Data Center Facilities
- Machine Learning
- Software as a Service (Saas)
- Internet of Things (IoT)
- Data Analytics
- Telecom as a Service
- Infrastructure as a Service (Iaas)
There are opportunities for Mergers & Acquisitions within many of these segments of the managed services industry for companies to keep up with their competitors and acquire companies within sectors that they are not as strong in. This will allow them to expand their ability to offer a complete set of services to their clients that often want to limit the number of MSP vendors that they have.
Synergy Business Brokers - Tech M&A Experts for your MSP
With over 17 years of selling tech companies, we can provide you with experienced guidance in pricing and selling your managed services company. Our staff has years of experience working in the tech industry, and we understand the dynamics of finding the right buyers for your MSP.
Synergy Business Brokers is the Broker that people come to buy and sell technology companies like yours. We have tech M&A advisors in NY, NJ, CT, MA, PA, and sell MSP companies throughout the East, Midwest, and South. Our focus is on selling tech companies with annual revenues between $700,000 and $40 million. Email us at [email protected], fill out, and submit our online form or give us a call at 888-750-5950. We’ll set up a private consultation to get started. We have extensive Tech Mergers & Acquisitions experience.