UK Reseller Of Managed Cyber-security With Own Product For Sale

Our client has an excellent market reputation for the effectiveness and reliability of its managed services, with strong recurring revenue arising from its subscription-based model and a high repeat-business rate from an impressive client list.

As well as offering a comprehensive range of cyber-security products, the business has its own fully managed security training and testing (SATT) service, offering security-awareness education, phish testing, and policy management. This service is unique in the industry.

The business’ highly skilled and knowledgeable workforce is led by an experienced second-tier management, capable of running day-to-day operations.

•Solid business performance: forecast turnover of £2.3m for FY18?19 at 46% gross margin, resulting in an adjusted EBITDA of £329k

•Recurring revenue from renewable subscriptions in excess of 75% of overall turnover

•Impressive client list featuring several blue-chip names, and a repeat-business rate of c.85%

•Own high-margin SATT product targeting growing, legislation-driven demand for cyber-security awareness training

•Second-tier management in place and highly skilled, experienced workforce

•Significant cross- and upselling potential, including on-site work, with farmable client base of 500+

•Well positioned for the buoyant London & SE market