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Buyer for proprietary software development company in Europe
Proprietary software development company in Europe to buy
- Revenue: 2-20M EUR
- Employees: not decisive
- Location of the target: Europe
- Reason for acquisition: The company is an international technology services provider. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
- #CFIE ITB238
Overview of the Buyer for proprietary software development company in Europe
The buyer is a large technology group active in providing a wide range of IT services such as custom software development, IT outsourcing and BI solutions. The management is always looking to grow the group's operations and is now interested to do a strategic acquisition of a proprietary software development company in Europe. The location of the target could be all across Europe with preferred regions such as UK or Eastern Europe. Type of services and range of activities required are Software Development, SaaS, IT services or IT Hotline Support. As required or preferred knowledge / experience can be mentioned the following: Microsoft technology (ASP.Net, C#, SQL Server etc.) team for IT / software development. The buyer is also looking for a Hotline Support / Helpdesk business to support users in key/major local European languages. If the IT business has an established support team with local language support, it would be a plus. The number of employees target should be ideally over 100 people and the revenue target should be more than 2M Euro. As possible synergies to bring to the target can be mentioned: the experienced business team with excellent reputation in multiple sectors such as automotive, construction, agricultural, finance / credit and many other fields. The buyer has started the acquisition process and is looking for the right candidate company.
Profile (strategy) of the Buyer for proprietary software development company in Europe
The buyer employs more than 800 IT experts that have been servicing customers for more than 30 years. There are offered supports services such as Project Management, Data Quality Audits, Helpdesk, Service Management and Consulting. The group has business offices in US, India and Europe. A special focus is on Automotive and Finance industry. The management team has significant experience in sales and acquisitions due to the M&A deals achieved in the past. From the company's own resources there is always allocated enough funds for acquiring suited targets that can activate in industries such as IT, Software Development and Related Support and Hotline Services. The buyer is also looking for a company operating in Hotline Support / Helpdesk business able to support users in key/major local European languages. If the IT business has an established support team with local language support, it would be a plus.
The buyer delivers top-class technological solutions in the fields of business management, network management, credit management and business improvement. The related services are customized to the client's needs and offer numerous cost saving advantages. The system solutions incorporate features, functionalities and tools that make businesses more competitive and efficient. The company's data analysts offer complex system algorithms that enhance the data quality. The AI capabilities provided by the team allow the creation of innovative solutions that bring greater productivity to firms from various industries.
Activities and products of the Proprietary software development target company
The buyer is looking to acquire a company that operates in the software sector and provides services such as:
- Proprietary Software Development
- IT services
- IT Hotline Support
- Business Management & Intelligence Reporting
- Data Analysis
- IT Consultancy
Highlights of the Buyer for proprietary software development company in Europe
- The buyer is an international Group with operations in USA, Europe and Asia
- The group offers technological solutions and related services that improve business efficiency
- The buyer has decided to expend its operations in Europe and wants to acquire a proprietary software development company
Information of this Buyer for proprietary software development company in Europe
Feel free to contact us for more information regarding this Proprietary software development 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.