IT Security Services Company in Saudi Arabia
Asking Price: | $33,804,000 |
Gross Revenue: | $11,500,000 |
Cash Flow: | $5,500,000 |
High Profit Margin
Founded over 5 years ago, the company has a strong history of providing innovative cybersecurity solutions to its clients. The company's founders have extensive experience in the industry and have built a team of skilled professionals.
The company's competitive advantage lies in its ability to deliver high-quality solutions at competitive prices, coupled with exceptional after-sales support and a deep understanding of the latest cybersecurity trends. This has enabled the company to establish a strong market presence and identify significant growth opportunities in the GCC and African regions.
The company has 2 owners, with 58 employees across various functional areas. Operations are well-organized and efficient, with a focus on delivering high-quality services to its clients.
Transition Goals:
The current owners are seeking to sell the company to facilitate its next growth phase. The goal is to find a new owner who can leverage the company's solid foundation to expand its operations and become a leading player in the cybersecurity market.
Services and Clients:
The company's service offerings include:
• Cybersecurity consultation and implementation
• Technology implementation
• Governance, risk, and compliance (GRC)
• Red Teaming
It has a diverse client base with a strong concentration in Saudi Arabia. The company's top three customers represent a significant portion of its sales, indicating a loyal and satisfied customer base.
Their pricing strategy is competitive, offering exceptional value to its clients. The company markets itself as a trusted partner, providing expert advice and tailored solutions to meet the specific needs of its customers.