Business Description
This full-service ICT solutions provider, based in Saudi Arabia, was established in 2017. Specializing in IT consulting, managed services, systems integration, and advanced cybersecurity, the company serves a diverse client base that includes government agencies, telecom companies, commercial enterprises, and SMEs. It is recognized for its deep understanding of the local market, strong alignment with Vision 2030, and a commitment to innovation through strategic partnerships with global technology leaders.
Operating with a team of 70+ full-time employees, the company maintains a low turnover rate thanks to a strong organizational culture, competitive compensation, and continuous learning opportunities. Revenue is diversified across multiple verticals—65% from network and data center projects, 20% from professional services, and 15% from cybersecurity solutions. Approximately 20% of revenue is recurring, with an average order value of 2.2M SAR. The business achieved 53% revenue growth in 2024 and is projecting 450M SAR in revenue for 2025, driven by large-scale digital transformation contracts and increasing demand for cybersecurity services. Financials for 2024 are in the process of being translated.
With ISO/IEC 27017 and 27018 certifications, the cybersecurity division has rapidly expanded since its launch in 2023, offering over 15 distinct services including risk assessments, penetration testing, SIEM implementation, and cloud security consulting. The company operates from a 400 sqm leased office and warehouse, with 21M SAR in inventory included in the sale. Its agile approach, customized solutions, and strong readiness for growth through partnerships, regional expansion, or M&A make this business an exceptionally attractive opportunity for investors or strategic buyers in the ICT sector.
Due to the sensitive nature of the business, we will be contacting you directly after NDA submission to qualify your organization before sharing the CIM/Financials.
