Buyer for banking and insurance software company in Europe

• Revenue: 3-20M EUR
• Employees: not decisive
• Location of the target: Europe
• Reason for acquisition: The company is an international software solutions provider for financial services sector. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB151

The buyer is a group of software companies that provide complementary solutions to the banking and financial services sector. By putting together innovative and successful brands under one organization there is obtained the diversity and power to develop and provide high-class services and smart products for the financial services clients. The digital products developed enable banking and insurance companies to deal successfully with the sectorial complex and dynamic challenges. The buyer is developing a large group of companies that manufacture industry solutions and deliver business services in a complementary range of professional services so that clients can be provided with a complete palette of services. To achieve its strategy, the buyer is actively pursuing possible add-on acquisitions. Any B2B software company located in the Benelux, DACH or Nordic regions would be worth evaluing and the M&A team is creative and pragmatic in establishing possible investment opportunities. Target companies need to provide software products and consulting services for the financial services and innovative solutions for the digitization of banking and corporate processes. It is preferred that wanted companies complement the technical and technical skills of the buyer.

The buyer is an IT service provider specialized in developing software solutions that drive digitalization within banks and increase the financial services IT systems efficiency. The technology association obtained from add-on acquisitions results in a higher scalability of development resources and in an increase of services diversity and complementarity. The group digitizes business processes and automates workflows making specific activities more efficient and productive. The team implements and integrates complex back-end processes and modern front-end solutions used in the sales and internal processes of the financial services providers. The group works across its companies on topics such as artificial intelligence & machine learning, virtual reality for banks and insurance organizations, user interface and user experience design (UI / UX design), cross-topic consulting teams in data centers.

The team supports banks in the entire application process for lending products. Digital access to a variety of loans allows the borrower to receive an answer to his lending request immediately after he made the application. This is possible due to the solution the company provides to the banks, solution that automates lending processes and digitally connects the banking systems. Moreover, the platform creates a hub formed of multiple funding institutions in which the digital communication is ensured by integrating in the same environment the systems of all participants. As a result, the borrower’s bank puts at the borrower’s disposal a broad offer across many lending organizations. Insuring companies on the other hand are provided with a range of products that offer them the chance to increase sales through various channels. The creation of these tailored products is possible due to the development team that has experience in both insurance and software development sectors.

The buyer is looking to acquire a company that builds software solutions for financial services and has similar services such as:

• Software Development
• Artificial Intelligence & Data Modelling
• Architecture Management
• Banking Advising & Technical Administration
• Business Development
• System Integration & Consultancy

• The buyer is a provider of software solutions for financial services organizations
• The solutions provided automate and optimize business processes
• The buyer is looking for add-on acquisitions to create a strong software group able to respond to all the client’s needs
• Target companies provide software products and consulting services to financial institutions