Buyer for information technology detachment company in Western Europe

• Revenue: 2-50M EUR
• Employees: not decisive
• Location of the target: Western Europe
• Reason for acquisition: The company is a European information technology detachment group. It has a strategy for growing its operations in Western Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB102

The buyer is a large IT consulting company looking for targets to acquire in Europe. It registers revenues of more than 80M Euro with an annual rate of profitability of more than 15%. Involved in the M&A projects is the M&A integration team formed by senior management professionals. The buyer has a very high appetite for acquisitions, it has a medium number of 10 acquisitions per year. It is continuously in acquisition mode and now is open for discussions with possible sellers. Target companies should activate in IT services (detaching) and engineering and should be located in Western Europe, preferably in Netherlands, France, Switzerland, Germany and Nordics. The target should also register revenues ranging from 2M to 50 M Euro or more and the number of employees could be between 30 and 500 FTEs. As possible synergies to bring by the buyer to the target can be mentioned specific tools, back-office functions and buying power.

The buyer company has more than 20 years of experience in the market and came to employ more than 500 professionals specialized in IT consulting, project management, business process outsourcing and recruitment services offered to industry leading companies. It has several offices in European countries such as France, Germany, Belgium and Switzerland. By offering high qualified professionals for IT projects, the company provides the right knowledge and skills at the right time. The company’s goal is to enable the growth of its clients, that’s why it helps companies to find the best talents and manages projects with its own high-class and qualified IT consultants. It is continuously looking to enlarge its services, it takes care of the team and searches new talents in order to keep the team complete and able to respond to various IT needs of the projects.

Companies activating in industries such as banking, insurance, logistics and retail are supported in the development and management of software applications, systems engineering, IT infrastructures, data warehouse and business development applications. For application services, the company supports the clients with the design, development and testing of various software applications that can be launched in all environments and that can use all kinds of technologies. For the infrastructure services, the team is able to design, configure, implement and optimize diverse types of IT networks for which it can provide service management, project management and helpdesk support. The consultants in business intelligence & data warehouse help organization with the design and implementation of these specific tools and support in setting up systems useful in gathering and analysis of important information necessary in decision taking processes.

The buyer wants to acquire a company that operates in the same activity and has similar services such as:

• IT consulting
• Project Management
• Business Process Outsourcing
• Recruitment

IT consulting companies should have expertise in:

• Application Services
• Business Intelligence & Data Warehouse
• Infrastructure Services
• Power Systems

• The buyer is a large IT consulting company active in European market
• The company has decided to enlarge its activities in Western Europe and is looking to buy another company with similar activities and products
• Target companies should activate in information technology services (detaching) and engineering and should be located in Western Europe