Buyer for software development company in Southern Europe

• Revenue: 1-5M EUR
• Employees: not decisive
• Location of the target: Southern Europe 
• Reason for acquisition: The company is active in software development sector. It has a strategy for growing its operations in Southern Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB177

The buyer is a software development company active in Southern Europe. The enterprise is in full development phase and needs to increase its team and services to be able to support its customer portfolio. It is a very profitable company that wants to expand its operations in Southern Europe and is looking to invest in a potential target which is unable to scale up because of lack of funds/availability of skills/ lack of focus. The buyer has allocated enough resources from group cash flow and has planned to start the acquisition process as soon as possible. As possible synergies to bring to the target could be mentioned cash influx/access to niche skills/ delivery excellence. The target company is active in IT sector, with specialization in IT Professional Services or Software Development. The target company has employees between 2-20, professionals involved in specific activities that are related to bespoke development. As required or preferred knowledge/experience could be mentioned the necessities of having at least 2-3 long-time customers. The buyer is looking to talk with potential sellers from Southern Europe.

The buyer is looking for strategic investment in a company able to service the buyer’s client portfolio and to help in reaching new potential clients as well. The buyer has a well-established team in Southern Europe and has plans to expand more in the region. The team’s goal is to help clients to realize their potential and be more competitive in a more digitalized world. The company is working across 5 continents to ensure unique skills are brought out to the wider world through the right channels. In the same team are working together great mathematicians with some of the best data science professionals; there are also very talented designers and sketchers sharing experience with cool user experience specialists. The company is looking to enlarge the team and enrich its services portfolio. 

The company has a long-time activity in developing multitudes of computer systems for its clients. The team integrates different technologies in Information Systems and has experience in creating solutions for multiple sectors. Systems developed are simple to use, rapid, safe and capable to really solve the clients’ needs. Depending on each project and client, there is agreed which methodology is more appropriate to use, it’s possible even to change the methodology in different phases of the project. The team uses agile methodologies allowing the project to have an open conception. Because the team is specialized in the JAVA ecosystem, there is supported 100% multiplatform developments and the solution can be adapted to meet the specific needs of the project. The experts in database programming optimize access to information in structured databases. Opensource capabilities allow the team to offer excellence in all layers of development.

The buyer is looking to acquire a company that operates in the same activity and provides services such as Software Development or IT Professional Services.

• The buyer is a software company with operations across 5 continents
• The company is in full development phase and wants to acquire an enterprise to support the growth
• The buyer needs to enlarge the team in order to add more service power
• Target companies should operate in the software sector and should provide Software Development Services or IT Professional Services  

Feel free to contact us for more information regarding this Software development company in Southern Europe wanted or if you know possible interested or suited parties. For more buyers in the IT sector please visit the section ITS companies wanted. For companies for sale in the ITS or software industry please feel free to visit the section ITS companies for sale.