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Buyer for an Automotive telematics company in Europe

Automotive telematics company in Europe to buy

  • Revenue: 2-10M EUR
  • Employees: not decisive
  • Location of the target: Europe
  • Reason for acquisition: The company is active in fleet management sector. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
  • #CFIE ITB222

Overview of the Buyer for an Automotive telematics company in Europe

The buyer is a fleet management company operating in several European countries such as Spain, Latvia, Finland and Estonia. In the present, is working via partners in various parts of Europe and is doing export sales to Spanish-speaking countries worldwide. The global team is responsible for providing local support to clients and partners. Currently, the buyer has an office in Barcelona and is searching for options on expanding its presence in Spain or in other places in Europe. The management wants to add a decent portfolio of end customers that is why is looking for other companies to evaluate and to buy. The target company can be located in any place across Europe, though would be preferred countries such as Spain, Estonia, Finland, Poland, Germany. As type of companies of interest could be SaaS software providers or service providers. The target should be active in the IT industry, specifically in providing fleet management solutions, mobile workforce management solutions, route planning or vehicle video telematics solutions. The team should be involved in selling and working with customers in construction/transport, logistics sectors. The revenue can range between 2-10M Euro with no specific request for EBITDA value. The buyer has done already customer acquisitions in several countries and has allocated large amounts of financial resources for acquisitions. It is able also to attract more capital from owners, bank loans or private equity funds. As possible synergies to bring to the target can be mentioned the more advanced fleet management system and solutions for customers.

Profile (strategy) of the Buyer for an Automotive telematics company in Europe

The buyer company is part of a large IT group focused on bringing to organizations the best technological solutions both in terms of software and hardware. It has more than 20 years of activity in the telematics business and during this time it managed to mark its presence in six continents in the world. It also succeeded to grow a solid network of partners that made it possible to track billions of kilometres, serve thousands of clients and connect more than 120 000 tracking devices on the platform. It has good records of revenues with high profit margin and wants to optimize more its business operations.

Being a leading fleet management and asset tracking solution provider in the region, the company is involved in developing professional solutions that meet the clients' business needs regardless their business sector or fleet size. It operates a platform that includes multiple suites with various functionalities such as GPS tracking, route planning, fuel control, temperature monitoring, tachograph data management, security, driver behaviour, communications tools, digital vehicle inspections and other solutions. For companies that need to automate their fleet management and other business processes it is possible to provide a broad range of various integrations. The solutions for remotely track and manage the fleets are simple, yet effective and can be used in corporate fleets, logistics, construction, agribusiness, delivery or transport of passengers.
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Automotive telematics company in Europe

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Activities and products of the Automotive telematics company target company

The buyer is looking to acquire a company that operates in providing fleet management solutions, mobile workforce management solutions, route planning or vehicle video telematics solutions.

Highlights of the Buyer for an Automotive telematics company in Europe

  • The buyer is part of a large IT group operating in providing fleet management solutions
  • The buyer has wide network of partners that can support clients in any part of the world
  • The company has decided to enlarge its activities in Europe and is looking to buy a company active in providing automotive telematics solutions

Information of thisBuyer for an Automotive telematics company in Europe

Feel free to contact us for more information regarding this Automotive telematics company in 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 Automotive telematics company industry please feel free to visit the section ITS 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.