Reason for acquisition: The company is a technology business that develops IT solutions for the utilities industry. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
Overview of the buyer for ICT utility consultancy company in Europe
The company is a global high tech development and consulting company focused on the utilities sector. It has more than 100 employees specialized in fields such as SaaS, PaaS, road mapping, SAP application support, SAP upgrades, and IT system consolidation. The company, which has an extensive network of screened contractors, has more than 10 years of experience in delivering integration services and specialized products for the energy and utilities industry. The management team wants to enlarge the business in Europe, therefore is interested in buying a company which has skilled employees and a large number of active contracts; the longer the period of contracts the better. The target company should have a focus of activity on the delivery of both SAP and non-SAP solutions.
Profile (strategy) of the buyer for ICT utility consultancy company in Europe
The company operates worldwide and wants to expand the business in Europe. It already has experience in acquiring various companies. The solutions and products that are created inside the company have reduced operating costs for utility companies while increasing their customers’ satisfaction. Mobile apps and web portals developed by the company deliver a very efficient platform necessary for every phase of the customer life cycle, from requesting service, utilizing the service, to monitoring and paying bills. Utility companies can increase their customer satisfaction by staying in close contact with their clients and supporting them on various issues. For better CRM, the company created cloud-based call center modules.
The digital era we live in requires enterprises to adopt transformational strategies in order to survive or to obtain a competitive advantage. An optimized SAP business warehouse significantly reduces process chains, while business analytics solutions help the users to make better decisions. The company’s customers are pleased with the way the SAP solutions are implemented, and the utilities enterprises get all the advantages in migrating to an updated SAP ERP solution.
The company is AICPA certified and is supported by important worldwide players in technology such as SAP, Microsoft, Xamarin, Telerik, Dell, Apple and Windows Azure.
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