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Verified Listing

Premier IT Recruiting Firm that Services Texas Government

For Sale in Austin, TX

Listing ID: REC831 | Broker Listing ID:

Financial & Assets Details

$4,817,000
$271,000

About the Business

Business Description

Austin-based IT recruiting firm that provides a full range of IT professional staffing services to the Central Texas market. The firm now, primarily focuses on contract staff augmentation placement. The company also has an extensive background in retained high-level executive IT placement and a specific technology team in place that hires for startups in addition to general contingent search and placement.

Growth & Expansion

· Increase sales and marketing
· Focus on startups and other private sectors
· Take advantage of large network
· Increase focus on other placement services
· Implement business model into surrounding states
· Develop existing accounts in surrounding states

Market Competition:

Key aspects
· Great reputation
· Strong internal management
· Efficient candidate interview to offer ratio of 2 to 1
· Vendor for Texas DIR ITSAC program
· Consistent revenue stream
· Database with 100,000 IT candidates
· Scalable business

Location Details:

Real estate
· The company operates virtually and has no need for an office. All of the employees work from home.

Headquartered
· Austin, Texas

Reason for Selling:

Shareholder/owner objectives
· Two shareholders seek a full sale of the company to pursue retirement. They are willing to remain on for a transition period; however, all other key employees are willing to remain on long term.

Listing ID: REC831