Insurance software or consulting company in Europe to buy
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
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:
Infrastructure Management Services
Similar solutions developed for:
Life & Property
Claims & Casualty
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
More information on this buyer for Insurance software or consulting company in Europe
Please get in touch if you are interested in learning more about this buyer for Insurance software or consulting company in Europe. For more software companies for sale please visit the section software companies for sale. For other software buyers, please visit the section software companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.
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