Details

The company provides technology consulting services nationwide, specializing in E-Rate consulting, low-voltage technical design, and project administration, and architectural support for schools and libraries.

Key Aspects:

• FYE 2021 revenue of $5 million
• Recurring revenue generated by 36-month, renewable client service contracts
• Geographic footprint in 27 U.S. states
• Staff has 80+ years of combined experience within the E-Rate and Technology Design sector
• One of the top five E-Rate services business in the country

Opportunities:

• Development of additional marketing strategies to increase brand awareness
• Continue growth pattern via future acquisitions
• In response to the COVID-19 pandemic, the US government is expected to provide billions of dollars to fund broadband improvements at schools and libraries through its E-Rate program
• As of Q3 2021, a project management contract is expected to be awarded to manage a recently funded $72 million fiber project
• Further diversification of service offerings will offer further diversification of client base

Headquartered:

• California

Current Markets:

• The company primarily serves the public sector including public school districts, county offices of education, universities, government buildings, religious institutions, and libraries. It has a presence in 27 states but primarily serves clients in California.

Real Estate:

• The business operates from a 9,248 square foot office space leased from a related third party in Bakersfield, California. The property can be leased to new ownership.

Shareholder Objectives:

• The owner is seeking a buyer to help grow the company to its full potential. He is open to various deal structures in order to facilitate a transaction.

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