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Buyer for online ERP software company in Western Europe
Online ERP software company in Western Europe to buy
- Revenue: 3-20M EUR
- Employees: not decisive
- Location of the target: Western Europe
- Reason for acquisition: The company is an international software solutions provider. It has a strategy for growing its operations in Western Europe via acquisitions, therefore the management is open to speaking to interested sellers
- #CFIE ITB145
Overview of the Buyer for online ERP software company in Western Europe
The buyer is a large international group that has a wide portfolio of software companies that work together for a common goal and strategy. The products they provide cover all types of services and areas so that every need of a possible customer can be satisfied. The group has not stopped in its pursuing and is still actively looking for possible add-on acquisitions. Even when the strategic fit between a software company and one / any in the portfolio companies might not seem evident, the management still finds it interesting to evaluate the opportunity in combination with another company from the existing network. The group is creative and pragmatic in establishing possible investment opportunities. Target companies should be located in Western Europe and should operate in any B2B software activity. In the present, the management is searching for an add-on acquisition for one of its company that is active in providing accountancy software, online bookkeeping and administrative software for accountants and for entrepreneurs. In this case the target company should activate in the ERP field, should have a revenue size between 3-20M Euro and should have a decent size of customers’ portfolio.
Profile (strategy) of the Buyer for online ERP software company in Western Europe
The buyer company has more than 20 years of presence on the market and has created SaaS solutions that help accountants and entrepreneurs in their daily administrative operations. The ERP software is available to be used both online and offline as well and can be chosen by clients in accordance with their specific preference. The product packages are comprised in various modules: the offline modules of business software and accountancy software and the online module for accounting solution. The online version can be accessed either via the cloud or via own hosting. For building high-quality products the company has various technology partners and relies on safety and efficiency. The team is formed of more than 120 professionals specialized in software development for specific sectors. The buyer acquires complementary software companies in order to join the forces for the mission of further expanding the automation, innovation and optimization of business processes.
The company's solutions enable accountants and entrepreneurs to spend less time on administrative matters and focus on their own growth because the entire administration process is automated. The solution for accountants makes it possible the communication between the accountant and the entrepreneur to be flawless due to the use of one digital environment. The close integration between the collaboration platform and the accountancy dashboard enables the two parties to exchange information and share the needed documents very easy and fast. The entrepreneur can immediately approve tax declarations filled out by the accountant and the latter can send the documents to the tax authorities in no time. The platform allows the user to do various other operations such as: manage accounts receivable & accounts payable, create collection files, budgeting, expense reporting, manage foreign currency, store digitally documents in one place, automate posting asset depreciation, etc.
Activities and products of the Online ERP software target company
The buyer is looking to acquire a company that provides ERP software solutions in fields such as accounting & invoicing, CRM, WMS, inventory management and project administration.
Highlights of the Buyer for online ERP software company in Western Europe
- The buyer is a large international group with a wide portfolio of software companies
- The buyer is looking to do add-on acquisitions
- The buyer wants to acquire a company active in the ERP software field
Information of this Buyer for online ERP software company in Western Europe
Feel free to contact us for more information regarding this Online ERP software company in Western 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.