Ticino Managed IT Services Platform
The company is a systems integrator based in Ticino, active in managed IT services, technical support, POS contracts, cloud solutions and hardware/software sales. The company operates with a recurring, stable and scalable model, characterized by a loyal customer base and multi-year contracts that ensure visibility on future revenues.
Over the last four fiscal years (2022–2025), the company has demonstrated solid revenue stability, maintaining a balanced mix between recurring services (POS, IT, hosting, cloud contracts) and transactional activities (hardware, software, support). The cost structure has been progressively optimized, with an improvement in operating margin and a reduction in non-recurring costs.
The analysis of the official financial statements 2022–2025 highlights a variable reported EBITDA, influenced by extraordinary items and non-operating costs. Applying a standard M&A normalization (bonus adjustment, board of directors' fees, non-operating costs, extraordinary expenses), a much more stable economic profile emerges, representative of the company's real profitability.
The company represents an interesting opportunity for strategic or financial investors seeking: - a profitable company with a consolidated customer database - a business with recurring revenues and no debt - solid normalized margins - strong growth potential - a lean and scalable structure
Normalized EBITDA confirms stable and defensible profitability, consistent with MSP sector metrics.
Strong recurring component ~CHF 481,000 per year, very low churn, stable contracts, loyal customers
2. No debt Enterprise Value = Equity Value. Clean EBITDA and no debt or interest payable
3. Historical stability Constant revenues and EBITDA 2022–2025
4. Broad and diversified customer portfolio 1,280 customers of which 458 active, no concentration
5. 14 years of activity Consolidated reputation, low risk
6. Lean and efficient team 7 employees, costs under control
7. Sector benchmark typical multiples: 9×–12× EBITDA
strategic exit