Managed Services Acquisition: Trivalent Finalizing A Purchase

larry andrus

The deal, expected to be announced within a few weeks, will expand Trivalent’s business into Southern Michigan. The acquisition will provide Trivalent with 69 new accounts. Roughly 60 percent of the target company’s business involves managed services and about $30,000 per month in recurring revenues. Only about 15 percent of current revenues are from hardware and software, and the remain 25 percent comes from professional services and some SQL database application development. Notes Andrus, “We think we can at least double [their] current revenues in the first year.”

Trivalent appears to be enjoying a very long winning streak. As of February 2011, Trivalent has generated 69 consecutive months of profitability, “and we expect it to continue,” says Andrus.

Fingers crossed, I suspect Trivalent will disclose the acquisition target’s name within a week or two.

Sign up for MSPmentor’s Weekly Enewsletter, Webcasts and Resource Center. Follow us via RSS, Facebook, Identi.ca and Twitter. Check out more MSP voices at www.MSPtweet.com. Read our editorial disclosure here.