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Buyer for RFID Software company in Europe

RFID Software company in Europe to buy 

  • Size: small
  • Revenue: 2-20M EUR
  • Employees: not decisive
  • Location of the target: Europe 
  • Reason for acquisition: The company is a well-established RFID software company. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
  • #CFIE ITB086

Overview of the Buyer for RFID Software company in Europe  

This buyer company that is looking for RFID software companies is in continuous growth and expansion, is a well-established player in the market registering an annual turnover of more than 35M Eur. The main activity of this enterprise is working on toll collection systems. The team is building free flow toll collection systems, tollgate toll collection systems with or without barrier. RFID labels and RFID cards are in the product range. The buyer is interested in buying a tech company related to its business scope in order to expand the business in Europe. Target companies should be stable on the market and should register revenues ranging from 2-20M Euro. The buyer is looking forward to hearing and discussing with potential sellers. Companies that are interested to see more information and references about the buyer can contact CFIE team through messages.

Profile (strategy) of the Buyer for RFID Software company in Europe  

The buyer company is specialized in delivering toll collection system solutions that meet all the necessary requirements in terms of integration, multi-lane free-flow, parking and transportation. This is applicable for transportation by ferry, on private and state highways. Systems of high technology help in monitoring the traffic and multi-lane free flowing tolling solutions enable a sure, effective and fast flow for the traffic. To achieve its purpose, these systems perform various functions such as vehicle detection, classification, tag reading and car plate recognition. For very good results, aside from diverse factors such as high/low speed and tailgating, the systems need specific devices such as RFID and DSRC tag reading and other tools for ANPR plate recognition. 

RFID incorporates technologies for tags, readers and software/services that help in the identification of an object or product. RFID supports in automatic identification and data capturing, an RFID tag attached to a vehicle enables the tracking of that car. For its functionality, RFID devices are used in various lane controller systems and enable vehicle identification for the purpose of toll calculation. Once the information and the images about the identified car are received, the system will produce and send the message to a gate control center that will calculate the toll. The system has a very high rate of recognition and identification (very close to 100%) no matter the environmental conditions. The information it will bring regarding a vehicle could be data such as class, speed, direction, location, length and number of axle. Aside from toll collection systems, RFID devices are used by the company in other systems for monitoring service, alarm generating, disaster recovery, etc.
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RFID software company in Europe

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Activities and products of the RFID Software target company

The buyer is looking to acquire a company that operates in the same activity and has similar services and capabilities such as: 
Services:
  • RFID tag production & sales
  • Transition Management
  • Software development & integration
  • Database design and development
  • System operation and maintenance
  • IT projects development and applications
  • Violation Management
Capabilities:
  • RFID readers
  • Toll collection system design & hardware
  • Free flow systems
  • Tollgate toll collection systems (barrier/barrier free)
  • Tollgate integration solution
  • Collection system applications
  • Automatic Vehicle Identification & Classification (AVI & AVC)
  • Transition system applications & solutions
  • Customer information module
  • Real time data transfer & monitoring

Highlights of the Buyer for RFID Software company in Europe  

  • The buyer is active in providing toll collection systems
  • The company has decided to enlarge its activities in Europe and is looking to buy another company with similar products
  • Target companies should be stable on the market 

Information of this Buyer for RFID Software company in Europe  

Feel free to contact us for more information regarding this Software 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.