Cyber A.I. Group, Inc. has announced a significant expansion of its acquisition pipeline, aiming to grow rapidly in the IT services sector. This move, highlighted in a joint statement from A.J. Cervantes, Jr., Chairman and Founder, and Mike Harvath, CEO of Revenue Rocket Consulting, LLC, outlines a strategy to acquire over 100 potential IT services companies. The goal is to integrate these acquisitions to enhance Cyber A.I.’s offerings and reach $100 million in revenue within the next 12 to 18 months.
The company plans to leverage its partnership with Revenue Rocket Consulting, a leading M&A advisory group, to identify and acquire profitable tech-enabled service and cybersecurity firms across the U.S. These target firms should have annual revenues between $5 million and $15 million, be committed to technology innovation, and offer high levels of customer service. This approach aims to position Cyber A.I. as a major player in cybersecurity and IT services.
As artificial intelligence (A.I.) continues to evolve and present both opportunities and risks, Cyber A.I. intends to incorporate A.I. technologies into its cybersecurity solutions. The company’s acquisition strategy focuses on integrating A.I. into its business model to address growing market demands and emerging security concerns. This strategy aims to enhance Cyber A.I.’s technological capabilities and broaden its market reach.
Founded on a “Buy-and-Build” strategy, Cyber A.I. seeks to consolidate and manage a range of IT services companies. The firm aims to differentiate itself from A.I. startups by acquiring established companies with strong revenues and cash flow. This strategy provides Cyber A.I. with the flexibility to diversify and manage risks while capitalizing on fast-moving market opportunities.
