Certifications & Focus:
Certifications include GSA Schedule, WOSB, HUBZone, CA State SB, CA CMAS, DBE, MBE, with additional certifications in progress; Focus on Federal, State Government, and Commercial Contracts.
Specialties:
Procurement in networking hardware, software, telecommunications, construction materials, heavy-duty rental equipment; IT & Healthcare Staffing; development and integration of innovative business solutions; management consulting; technology services for the public sector; Telco services for Federal Agencies.
Clients & Operations:
Executed ~725 contracts with Federal, state, municipal agencies; prime contractor to SSA and State of CA; contracts with Motorola, DoD, DHS; staffing contracts with RANDSTAD and CBRX; 90% of business from prime contracts; upcoming GSA, 8A, LA COUNTY MSA, DCAA initiatives; 35 staff specializing in public sector procurement with a cost-effective offshore team; owner supports transition as needed.
Financials & Terms:
2024 Revenue: $8.5M; 2024 AEBITDA: ~$767K; Seller asking: 3.5× AEBITDA; Payment: 70% down, balance over 12 months; Seller willing to retain 20–25% of shares to assist growth.
I highly recommend Mr. Amar. Over the past year, I’ve acquired four IT companies with his expertise. His deep understanding of company valuation and seamless communication between buyers and sellers made the process efficient and smooth. Amar’s ability to build strong relationships and ensure transparent dealings has been invaluable. His professionalism and dedication stand out in the IT acquisition space. I’m confident he will continue to excel in mergers and acquisitions. Wishing him continued success!
The Asta Group has been working with Amar for over three years, and he has been instrumental in our M&A strategy. With his expertise, we’ve grown from a $30M company to a $100M+ group through strategic acquisitions that not only increased revenue but also expanded our IT business verticals and domains. His precision in identifying the right acquisitions has been crucial to our success. Amar’s work ethic, keen focus on buyer ROI, and deep understanding of valuations have been invaluable. His 30+ years of IT industry experience have helped navigate complex negotiations, bridging gaps to create win-win deals. As we strive to become a $500M company, Amar remains a key part of our journey, now also assisting in our fundraising initiatives.
Working with Ravi was a game-changer for us. He became an essential partner during the sale of my company, providing comprehensive advice that made sure we were fully represented every step of the way. Thanks to his extensive network, he brought multiple qualified buyers to our table, and we ultimately closed the deal with the second one he introduced. His insights during the closing process were invaluable ,he helped us structure the agreement so that everyone received fair compensation. I couldn’t recommend Ravi more highly, and I’d gladly work with him again. Thank you so much, Ravi!
