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Buyer for Insurance software or consulting company in Europe
Insurance software or consulting company in Europe to buy
- Size: small
- Revenue: 5-10M EUR
- Employees: not decisive
- Location of the target: Europe
- Reason for acquisition: The company is active in providing software solutions for companies from Insurance sector. It wants to grow in Europe by doing acquisitions of similar companies, therefore the management is open to speaking to interested sellers
- #CFIE ITB061
Overview of the Buyer for Insurance software or consulting company in Europe
The buyer is an important player in IT industry specialized in IT consultancy, services and solutions. It has a special attention on financial business areas represented by insurance and banking companies for which it provides system integration technologies. The group's strategy is to grow in Europe by doing acquisitions of similar companies, the strategic goal being to expand the customer base and to diversify the portfolio of products and services. With that being said, in the present the management of the buyer is searching a company that delivers software solutions and consultancy services to companies from the insurance sector. The target company should register an annual revenue between 5-10M Eur or more, should record a good profitability and should have a stable portfolio of clients.
Profile (strategy) of the Buyer for Insurance software or consulting company in Europe
The buyer is a well-known actor in IT consultancy, it has a fast-growing pace and it employs a team of more than 700 employees highly skilled in providing specialized services to clients that need to digitalize their business operations. The group was founded by merging numerous companies with complementary expertise in the areas of information systems and system integration. As a result, the newly formed company became stronger in business capabilities and also became a reference for many firms that are looking to be more efficient by adopting digital transformation and by introducing new technologies. The company is a driver of innovation providing new models for business and develops cutting-edge technology projects offering a broad range of quality products, solutions and services with a substantial level of customization being able to adapt to various customer needs in terms of technology, novelty and economic competitiveness.
For the Insurance industry, the company provides IT consulting and IT based services and solutions tailored for the needs of the customers coming from this area of business. Due to the experience in main insurance processes, the company offers solutions such as Infrastructure Management Services for network management, systems management and storage management. These IT outsourcing services includes the management of basic operations elements such as property, policies, personal, processes, data and external relationships. The company is helping its insurance customers by proposing a complete series of software products to manage insurance key domains such as new business, distribution management, contract administration and relationship management. The solutions offered include mobiles applications, document management, BPO, predictive modelling and analytics.
Activities and products of the Insurance software or consulting target company
The company is looking to acquire a company that operates in the same domain and has similar services such as:
- Digital Integration
- Infrastructure Management Services
- IT Consultancy
Similar solutions developed for:
- Mobiles applications
- Life & Property
- Claims & Casualty
- Predictive Modelling
- Fraud Management
- Document Management
- Product Modelling & Pricing
Highlights of the Buyer for Insurance software or consulting company in Europe
- The buyer is an important player in IT industry specialized in IT consultancy, services and solutions
- The company provides specialized services to insurance companies
- The management has decided to enlarge the group’s operations in Europe and is looking to buy another company with similar activities and products
- Target companies should provide services for insurance sector and should have a large number of active contracts
Information of this Buyer for Insurance software or consulting company in Europe
Feel free to contact us for more information regarding this Insurance software or consulting 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 software 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.