Buy IT service provider for the Financial Services industry in Europe

Company to buy

Revenue: more than EUR 2 million
Employees: not a decisive factor
Location of the target: Europe
Reason for acquisition: The company is stock listed and is planning to grow across Europe via acquisitions. They are open to speaking to interested sellers
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Overview of the buyer for IT service provider for the financial services industry in Europe

The company is an international entity with worldwide operations. It is planning to grow across Europe via acquisitions, being primarily focused on Western European based boutique IT companies with strong business expertise and solutions in financial services. The company to buy should be a solid player in software development with a substantial portfolio of clients. This will fit the interests of the buyer who wants to enlarge its commercial network in order to deliver its products to more customers and establish a dominant position in Europe.

Profile (strategy) of the buyer for IT service provider for the financial services industry in Europe

The buyer entity is a stock listed company and a leading provider of software development services and innovative IT solutions across the globe with sound domain expertise in the automotive, finance, energy, telecom, travel and aviation industries. It is worth mentioning, that the company is a very large enterprise employing more than 10,000 people and has more than 400 multinational customers globally. Broadly speaking, the company has interests and is working in the following IT areas: system integration, cloud computing, transformation, application development and quality management.

For the financial services industry, the company is a provider of technology solutions dedicated to the financial services sector offering valuable services to solve business problems. The team has industry knowledge, technology skills, process and methodology know-how and has expertise in commercial models. These aspects allow the company to deliver services such as designing market data analysis systems, allocation management systems and storing data through the data lake method. Clients are supported in the integration and implementation of various systems and architectures. This is realized through a series of simplifying, systematizing and automating processes. The company is able to provide complex services due to its vast experience in working with different platforms, such as OpenLink, Calypso and Murex. Clients have access to these services 24 hours a day.

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IT service provider for the financial services industry in Europe

Activities and products of the IT service provider for the financial services industry target company

The buyer company is expanding their activity in Europe. Therefore, it is looking for companies that can bring added value to the company’s services and products. The target company should have similar product technology services such as:

Application development and outsourcing
Project management
Know-how access
Client consulting in the following areas: research and development activities, solution design, transformation programs, technology assessment, technology adjusting, digital technology strategy
Platform and system integration: design, implementation, deployment, update, monitoring support

Other services: cloud computing, big data planning and implementation, grid computing

Highlights of the buyer for IT service provider for the financial services industry in Europe

The buyer is a leading provider of software development services and IT solutions for the financial services industry
The management is expanding the business across Europe and targeting European businesses with comparable products
Target companies should be a solid player with a substantial portfolio of clients

Information about this buyer for IT service provider for the financial services industry in Europe

Feel free to contact us for more information regarding this IT service provider for the Financial Services industry in Europe wanted, or if you know possible interested or suitable 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 visit the section IT companies for sale.

Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.