Multi-year contracts and cleared personnel are the obvious draws, but the best opportunities also come with a team that runs client engagements without the founder and a security operations capability that doesn't go home at 5pm.
Rejigg lists 40 cybersecurity businesses for sale. The median asking price is $3.5M. 2 of them were listed in the last 30 days. The states with the most cybersecurity listings are California with 8 listings, Maryland with 5, and Washington with 5.
What to know about buying a cybersecurity business
How cybersecurity businesses are valued
Asking prices are set as a multiple of earnings: 3x–10x annual profit, depending on contracts, team, and how much runs without you.
Where you land in that range depends on how much of your revenue is locked in with ongoing contracts, how strong your team is, and whether the business runs smoothly without you being involved every day.
Clients on long-term contracts
A team with specialized skills and credentials
Government contracts with a long track record
A security operations team that runs without you
What buyers of cybersecurity businesses look for
Larger cybersecurity companies looking to add capabilities or expand into your area
Defense and IT services companies looking to grow their cybersecurity practice
Companies from related fields like IT consulting or compliance that want to add cybersecurity services
Experienced managers with a security background looking for a business to run
The first questions buyers ask:
SOC Coverage. Which customers rely on you for 24/7 coverage, and what are the service promises?
Key People. Who are the key people the customer trusts, and why would they stay?
Revenue Quality. What exactly are you selling: MSSP, MDR (Managed Detection and Response), projects, or resale?
Closed deals
Rejigg cybersecurity deals closed
Across 42 closed deals on Rejigg, the median time from first pitch to close is 177.5 days.
Practical guidance from hundreds of real acquisition conversations.
Contract Structure
Ask what percentage of revenue is under multi-year service agreements versus project-based work.
When clients have already exercised extension options, that's strong evidence they're satisfied and not looking elsewhere.
Understand how contracts are structured around ownership changes and whether any require client notification or consent.
Team Credentials
Ask what percentage of staff hold security clearances, at what levels, and what the typical tenure looks like.
Clearances take years to earn and can't be quickly replicated — they're one of the most defensible assets in the space.
High turnover among cleared staff is worth understanding before you move forward.
Client Mix
Look at whether revenue is spread across many clients or concentrated in a few.
Heavy concentration in one government agency or commercial client creates dependency that's worth getting comfortable with.
Long-standing multi-year relationships with agencies can actually be stabilizing, so context matters more than a percentage alone.
Security Operations Depth
If the company runs a security operations center, find out how it functions when the founder is out.
A SOC that monitors, responds, and reports independently around the clock is worth significantly more than one where the founder leads on every major incident.
Ask how incidents are escalated, documented, and resolved, and whether that process lives in a system or in people's heads.
Government vs Commercial Mix
Government work brings long-term stability and hard-to-replicate relationships; commercial work moves faster and has more pricing flexibility.
Understand which mix you're getting and how clearance transfer timelines might affect your first months of ownership.
Ask whether any special designations like 8(a) or SDVOSB are tied to current ownership and how much revenue depends on them.
Valuation
What Should You Expect to Pay?
3x-5x
SDE
Owner-dependent, mostly commercial
6x-10x
EBITDA
Cleared team, multi-year government contracts
The spread is driven by how much revenue is locked in under contract, how much the team can operate without the owner, and whether the firm serves government clients with cleared personnel.
What drives a premium
Multi-year government contracts with documented renewal history
Team with TS/SCI or higher clearances that transfer with employment
Security operations center running without founder involvement
Revenue spread across five or more clients with no single client above 25%
How do I contact the owner of a business I found on Rejigg?
Create a free Rejigg account; owners, and the brokers who run some sales, only hear from buyers through the platform. Open the listing to see the full profile: city, team size, financials, what is for sale, and the reason for selling. Sign Rejigg's standard Fee & Confidentiality Agreement for that business; it is the same form for every deal. Verify your phone, then send your pitch from the listing. Replies, meetings, and documents all run through Rejigg.
Can I email Rejigg to get introduced to an owner?
No. Rejigg does not forward emails to owners or brokers, so a note to support@ or hello@ with a listing link will not reach them. Create a free account, open the listing, sign the agreement for that business, verify your phone, and send your pitch; that reaches them in a few minutes.
Which customers rely on you for 24/7 coverage, and what are the service promises?
Buyers want to know if you can handle a 2:00 a.m. incident without one exhausted hero holding the whole thing together. They’re looking for real shift coverage, a clear escalation path, and proof your staffing can meet the response times you’ve promised in customer contracts.
Who are the key people the customer trusts, and why would they stay?
In cybersecurity, client trust often sits with the people who answer the phone during an incident. Buyers are trying to understand whether relationships, decision-making, and technical context live in the business or live in one or two people who could walk after close.
What exactly are you selling: MSSP, MDR (Managed Detection and Response), projects, or resale?
Buyers split your revenue into “repeatable and contracted” versus “one-off and easy to lose.” They also want to see whether margins come from your service delivery or from pass-through tools that can get repriced by a vendor or renegotiated by a customer.
Are SLAs and liability terms a hidden bomb in your MSAs?
Cybersecurity contracts can create real downside that never shows up on the P&L until a bad day. Buyers are looking for response promises you can’t staff, service credits that can stack, and liability language that could turn a single incident into a big financial hit.
What’s your incident history, and what did you learn from it?
Security firms get targeted, so buyers won’t panic just because you have an incident story. They’re testing whether you disclose cleanly, whether any clients were impacted, and whether you fixed root causes in a way that reduces the chance of a repeat.
Do you control the tool stack, or are you reselling someone else’s permissions?
Tool access and contract assignability kill cyber deals quietly. Buyers need confidence that they will keep admin control of tenants, logs, integrations, and billing after close and that partner pricing will not disappear the moment ownership changes.