Hot Listing
Greater Boston Cyber Security Software Company
Business Description
Cybersecurity Firm Now Available
This Greater Boston cybersecurity firm is now available for acquisition for the first time. The founder and CEO, who has successfully managed this profitable business for over a decade, is ready to sell and reduce his involvement. While he is open to staying on temporarily (or perhaps longer) to facilitate the transition and potentially serve as an evangelist for the new owners, he is also prepared to exit immediately if preferred.
The company operates with a lean team of five full-time employees: the CEO, an Operations Manager, a Lead Developer, and two Senior Customer Support Engineers. Additionally, there is an unpaid consulting Product Director. The firm offers a well-designed product with proven effectiveness and customer loyalty, demonstrated by minimal gross churn rates. Renewal increases are offered at 3% and customers can renew contracts annually or opt for three-year terms at slightly discounted rates. There is significant potential to expand revenue through cross-selling opportunities in professional services and introducing monitoring, management, and installations.
The firm has not made any new sales since 2022 and lacks a dedicated sales and marketing team. This presents an excellent opportunity for a buyer with a strong sales and marketing team to leverage this technology and drive customer acquisition.
The company serves both U.S. and international clients, generating $1–1.2 million in annual recurring revenue (ARR) across 32,000 seats and $470,000 in seller’s discretionary earnings (SDE) in 2024. While comparable firms in this sector are trading at ARR multiples of 11–15x, this business is priced competitively at less than 7x ARR due to its recent lack of sales activity, offering substantial upside potential.
For more details, visit the listing at https://atlanticbusinessbrokers.com/greater-boston-cyber-security-software-company/ and complete the NDA provided within the listing details.
The company operates with a lean team of five full-time employees: the CEO, an Operations Manager, a Lead Developer, and two Senior Customer Support Engineers. Additionally, there is an unpaid consulting Product Director. The firm offers a well-designed product with proven effectiveness and customer loyalty, demonstrated by minimal gross churn rates. Renewal increases are offered at 3% and customers can renew contracts annually or opt for three-year terms at slightly discounted rates. There is significant potential to expand revenue through cross-selling opportunities in professional services and introducing monitoring, management, and installations.
The firm has not made any new sales since 2022 and lacks a dedicated sales and marketing team. This presents an excellent opportunity for a buyer with a strong sales and marketing team to leverage this technology and drive customer acquisition.
The company serves both U.S. and international clients, generating $1–1.2 million in annual recurring revenue (ARR) across 32,000 seats and $470,000 in seller’s discretionary earnings (SDE) in 2024. While comparable firms in this sector are trading at ARR multiples of 11–15x, this business is priced competitively at less than 7x ARR due to its recent lack of sales activity, offering substantial upside potential.
For more details, visit the listing at https://atlanticbusinessbrokers.com/greater-boston-cyber-security-software-company/ and complete the NDA provided within the listing details.
About the Business
- Years in Operation
- 11
- Employees
- 5
Listing Info
- ID
- 2340056
- Listing Views
- 2773
Listing ID: 2340056 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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