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IT Consultancy Business for Sale in Saudi Arabia

Global cybersecurity firm with $30 million in contracts focusing on IT security services seeks sale.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11.5 million
Run Rate Sales USD 11.7 million
EBITDA Margin 30 - 40 %
Industries IT Consultancy
Locations Saudi Arabia
Local Time 4:46 AM America / New York
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 33.4 million (Native Currency: USD 33,380,400)
Reason: The company can be taken to the next level, it is very solid right now to do so, and has the opportu... View More
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Global cybersecurity firm headquartered in Saudi Arabia, serving as a trusted technical arm for leading security vendors and consulting firms across the Middle East for 7 years.
- Noteworthy USD 30 million contract pipeline, with 112 active contracts demonstrating strong market demand.
- 2 years ago, the company generated a revenue of USD 12 million, with 70% derived from recurring contracts, illustrating stability and strong client retention.
- Strong net operating profit after tax (NOPAT) of USD 7 million, driven by advantageous tax strategies in the region.
- Diverse service offerings include cutting-edge security technology solutions, tailored security consulting, and 24/7 managed Security Operation Center (SOC) services, addressing a variety of cybersecurity challenges.
- Comprehensive vendor-driven lead generation model strengthened by exclusive strategic alliances with prominent consulting firms like PwC and Accenture.
- Positioned within a booming market, with the global cybersecurity sector expected to reach USD 215 billion and a Middle Eastern addressable market valued at USD 8.6 billion, propelled by increasing cyber threats and digital transformation.
- Plans for significant growth through R&D investment, market penetration in the GCC and Africa, and the establishment of a Security Optimization Center in Saudi Arabia, ensuring continued innovation and expansion.
Products & Services Overview
Internationally renowned global cybersecurity firm providing full IT security protection services. The company was founded seven years ago and has operations in Egypt, the United Arab Emirates, and Saudi Arabia. Reselling security technology solutions, providing security advice, and overseeing Security Operation Centers (SOC) mostly in the Middle East, it acts as a reliable technical extension for security vendors and consulting firms.
Assets Overview
The business, and all assets included in this sale.
Facilities Overview
The business is located across 4 locations in Saudi Arabia and Egypt and pays a yearly rent.
Capitalization Overview
The business is a sole proprietorship.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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