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Fully Accredited Canon Partner Supplying Managed Print Services For Sale

Ireland
Asking Price:
On request
Turnover:
€877,000
Net Profit:
€161,000

Managed services provider for printers & high-volume, full-colour multifunctional devices for a client base of SMEs, local authorities & educational institutions. Also supplies & installs office furniture & products — such as desktops PCs, servers & stationery — and delivers full IT consultancy & security services.

Key Aspects

• c.30% of revenue is recurring, charged under service contracts.
• Loyal client base with 99% client retention over the past five years.
• Fully accredited Canon partner with access & support directly from Canon Ireland & UK for sales & service.
• Official HP Partner for the supply of PCs, laptops, scanners & servers.
• Managed print contract in place with local Education Training Board since May 2014, extension currently under tender worth c.€3m.
• Framework with the Office of Government Procurement (OGP) as a registered supplier of managed print services.
• Current sales levels are attained via repeat business & referrals, with minimal investment in pro-active marketing campaigns.

Opportunities

• Creation of an e-commerce platform to facilitate online orders of retail products & requests for managed services.
• Potential to boost industry profile & sales via online marketing activities, including increasing social media activity & investment in SEO.
• Scope to facilitate sales growth & increase capacity via the hiring of additional staff. • OGP framework agreement presents an opportunity for lucrative contracts & placement on additional frameworks. • Bolt-on opportunity for an acquirer currently supplying IT products, consumables, or furniture to offices to expand its services to include the provision of managed printing. • Opportunity for an acquirer not currently operating in Ireland to expand geographically.

Potential Purchasers

• Managed print service providers.
• Wholesale & retail suppliers of office equipment such as, computers, audio visual equipment, ink, scanners etc.
• Office furniture and fit out service providers looking to widen their offering.
• Soft FM service providers.

Contact Merger Deals

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