Profitable Government IT Staffing Agency
- Status
- Sold
- Industry
- IT Staffing
- Sale Price
- Not disclosed
- Location
- United States
- Listing Duration
- Closed
Established in 2000, this IT staffing firm serves government clients through multi-year contracts. Revenue grew to about $990K before the sale in September 2024.
~$990KRevenue, TTM
30%+Average gross margin
Sep 2024Sale closed
Overview
The firm provides specialized IT staffing to large organizations, mainly government agencies. It runs a tuned process to respond to RFPs, manage solicitations, and fill work orders.
Listing Details
Multi-year government contracts, mainly at the county level, give a steady flow of work. The relationships go back decades. The team had 3 full-time staff, 1 part-time staff, and 3 contractors.
Highlights
- Revenue of about $780K (2022), $880K (2023), and $990K (TTM)
- More than 20 years in business
- Multi-year government contracts
- Room to add permanent placement and executive search
Listing Results
The agency sold in September 2024. Livmo advised the seller. The owner moved on to focus on other business interests.
Questions and answers
- Is this business for sale?
- No. The business sold. Livmo advised the seller.
- What was the sale price?
- Not disclosed.
- What industry and location is the business in?
- IT Staffing, United States.
- What are the key financials?
- ~$990K revenue, TTM; 30%+ average gross margin; Sep 2024 sale closed.
Figures come from company records and management representations. Livmo has not audited them. Buyers carry out their own due diligence.
Listing ID: ITStaffing24