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Remote Managed IT Support Provider Based In Portsmouth
Portsmouth, Hampshire, South EastIdentity protected
Available
About this business
This managed service provider looks after its clients over remote connections and has never had an office, so its location is a matter of choice. A team of 13 handles monitoring, patching, helpdesk and backup for businesses on the south coast and further afield. It has traded since 2011. Turnover has risen each year, from £923k in 2021 to £1.35m, and EBITDA from £355k to £446k, a margin of 33%. With no property costs, overheads are mostly people and software tools. A buyer takes on a delivery model that has grown without adding premises, and staff already used to working that way.
Key investment highlights
- EBITDA margin of 33%
- No premises: fully remote delivery
- Turnover up every year since 2021
- Could be run from any location
Reason for sale
The owner is stepping back after building the business since 2011 and has planned this exit for some time.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover rose +8.1% in 2026.
- 2021: baseline
- 2022 (+7.2%)
- 2023 (+7.6%)
- 2024 (+10.8%)
- 2025 (+5.9%)
- 2026 (+8.1%)
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin narrowed from 38.5% in 2021 to 33.0% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.