Reason for acquisition: The company is an international IT leasing organization. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
Overview of the Buyer for IT leasing company in Europe
The buyer is a large organization that helps companies to manage their IT assets in an efficient way. The team is formed of more than 400 employees that work in offices located in various countries. The refurbishing centers are located in Europe and Southern Asia and the headquarter is placed in Europe. The buyer’s revenue exceeds 600M Euro and the customer portfolio contains more than 4000 organizations from around the world. The selling process uses direct channels, but can be done also through partnering channels. Financing organizations support the business by enabling customers to buy new or refurbished IT devices. The rapport between direct vs partnering operations varies by country. The buyer uses acquisitions as a strategy for growing the operations and the business has made a number of acquisitions over the years. The buyer is always looking for strategic deals and the acquisition needs to be handled well and be the right business. The target company is located in Europe, records revenue between 4-40M Euro, specializes in IT leasing and has a solid network of clients. The buyer will bring valuable synergies such as international exposure, financial resources and training to the seller’s employees.
Profile (strategy) of the Buyer for IT leasing company in Europe
The buyer has been present on the market for more than 20 years offering IT lifecycle services and allowing organizations to focus more on their core business rather than allocating valuable resources on activities that are out of their business scope. The team helps clients to acquire IT equipment such as laptops, desktops and smartphones. Forward, the lifecycle includes helping clients to manage their equipment, refreshing the devices or removing the old ones. The used devices are handled in logistic centres and the team prepares the assets by securely erasing the data and refurbishing the assets for resale. The reselling of returned devices has a very high rate (98%), which enables clients to be sustainable and to lower the costs associated.
Planning a life cycle for IT assets has various benefits such as improving of IT budget, acquiring new and more reliable devices, increasing the IT service, reducing depreciation, getting faster and more efficient operation, producing a better impact on the environment, improving data protection & security, etc. The company allows organizations to acquire IT devices in a way that is less costly and easier. Providing leasing technology services (IT lifecycle financing), the company helps its clients to plan their budgets, monitor costs and refresh IT assets as planned. No need for service and support risks related with ageing equipment. Clients are supported to procure technology when their business needs it and they are able to choose the preferred supplier and purchase the equipment that is best for them. Payments are predictable, which simplifies and clarifies IT budgeting. If there is needed to free some cash, it is possible to sell existing devices and lease them back.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.