Buyer for IT security company in Europe

• Revenue: 4-40 million EUR
• Employees: not a decisive factor
• Location of the target: Europe
• Reason for acquisition: The company is a service provider for IT services. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB042

The company is an international group operating in IT security, consultancy, software development, implementation, licensing and maintenance. The company is also interested in other types of businesses such as governance, compliance and risk management. It is planning to grow across Europe via acquisitions, being primarily focused on acquisitions of target companies from the IT sector or buying IT departments from companies that do not have IT operations as a core business. The company to buy should be a solid player in the IT environment with a substantial portfolio of clients. This will fit the interest of the buyer who wants to enlarge its commercial network and services range. The geographic focus is set on Europe, however, targets from Switzerland are preferred.

The company is a large player in IT services with extensive experience in consulting companies that need support towards the IT field or need help to realize efficiency in their daily business processes. The company’s services are targeted at CIOs and the challenges they face in today’s fast-paced, continuously changing business world. The buyer is particularly experienced in the field of IT security and has a continuous focus on governance, compliance and risk management. Due to its high-quality services, the company managed to build an excellent network of partners and a strong international customer base. It is in touch with several internationally operating private equity funds, therefore it has the required strategic and financial capabilities to acquire suitable targets. Portfolio management software companies or software companies in the banking industry are definitely of interest for acquisitions. Targets should demonstrate sustainable profitability.

Going into the details of the company’s profile, we find that the enterprise is supporting managed security processes such as emergency alerts, defensive actions, and management reports.  In the field of risk and compliance, the company has developed policies and procedures, implementation and GRC tools. Its transformation interests cover areas such as IT transition, IT outsourcing, infrastructure management, restructuring, and governance.  Last, but not least, IT security activities are related to intrusion and hacking, security architecture, security governance, and awareness training.

For organizations that need special services for CIO and CFO specific activities, the company provides solutions and services such as IT strategy, IT audits, IT controlling, IT security, IT risk management, post merger integration, cash flow management, mergers and acquisitions, restructuring and business process management.

The company is looking to acquire a company that operates in IT solution services and has products and services in the following range of activities:

• Software selection and cloud solutions
• Data management
• ERP and CRM projects
• Software as a service
• Project management
• Project reviews and design
• Managed security
• Project turnarounds and QA
• Outsourcing and off-shoring
• Infrastructure

• The buyer is a global group operating in the IT services market
• The company uses ERP, cloud and SaaS technologies to increase efficiency
• The company has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and products
• Target company should be a solid player in the IT environment and should demonstrate sustainable profitability